GM to Sell Locomotive Unit Shortly
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General Motors Corp., the world's  largest automaker, will sign an agreement this week to sell its  money-losing locomotive unit to two private U.S. equity groups,  sources familiar with the negotiations said on Tuesday.
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DETROIT -- General Motors Corp. said Thursday it has agreed to sell its Allison Transmission commercial and military business for about $5.6 billion to the private equity firm The Carlyle Group and Canada's Onex Corp.
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General Motors Corp.  on Thursday said it reached a deal to sell its Allison Transmission unit for $5.6 billion to private-equity firms Carlyle Group and Onex Corp.
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General Motors said yesterday that it planned to sell its Allison Transmission commercial and military truck business to the Carlyle Group of the District and Onex. for $5.6 billion.
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General Motors Corp. GM.N on   Wednesday said it would offer a powertrain warranty of up to   100,000 miles or five years on all of its 2007 models,   including those that have already been sold.
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General Electric Co. GE.N said on   Thursday it will sell its advanced materials business, which   includes silicones and quartz, to private equity firm Apollo   Management LP for about $3.8 billion in cash and securities.
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General Motors Corp  aims to quadruple sales of its Chevrolet brand cars in Germany within seven years, the division's manager was quoted as saying on Sunday.
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually at its unprofitable European unit after reaching an agreement with unions to cut 11,500 jobs and reorganize.
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General Motors has reportedly agreed to pay two billion dollars (1.5 billion euros) to the Italian industrial conglomerate Fiat if it will abandon its option to sell Fiat Auto to the US automaker, the RadioCor news agency reported, citing sources close to the affair.
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General Electric plans to sell its WMC Mortgage sub-prime lending business that it bought in 2004.
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General Motors Corp.  on  Wednesday said it would offer a powertrain warranty of up to  100,000 miles or five years on all of its 2007 models,  including those that have already been sold.
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By Kyodo News International, Tokyo  Feb. 26--TOKYO -- DaimlerChrysler AG is weighing taking a minority stake  in General Motors Corp.
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Diageo is looking to sell part of its stake in General Mills Inc. The drinks giant announced yesterday (4 October) that it plans to sell around 33.
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Automotive giant enters agreement with truck maker to sell its medium-duty truck business.
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General Motors Corp  said on  Tuesday it has reached an agreement with the United Auto  Workers union to offer a new round of buyouts to its U.S.  hourly workers.
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WASHINGTON: General Electric Co (GE), which began business process outsourcing to India long before the term became familiar and the issue a hot button one, is planning to sell its India operation.
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General Motors Corp  said on Tuesday it has reached an agreement with the United Auto Workers union to offer a new round of buyouts to its U.S. hourly workers.