GM Europe May Create New Company, Move HQ
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General Motors may bundle its European operations in a new company based in Brussels in a move to cut costs and simplify management structures, a German newspaper reported on Saturday.
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RUESSELSHEIM, Germany  - General Motors Europe announced Thursday that it plans to cut 12,000 jobs on the continent by the end of 2006 in a plan aimed at saving 500 million euros (&#36;778 million Cdn) per year.
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Latest robotic development suggests the company might not just be leaping its automotive competitors.
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General Motors  expects its sales in central and eastern Europe to jump to 505,000 units this year from 350,000 in 2006, GM Europe sales chief Jonathan Browning said on Tuesday.
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Russia, other nations in east are latest destinations for OEMs, suppliers. Facing tighter margins and continuous needs to be closer to market, automobile manufacturers in Europe continue to seek out low-cost ...
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General Motors is reviewing its European operations as it aims to trim costs in the loss-making division. The US car maker said production could be reduced but dismissed reports it had already decided to cut 3,000 jobs.
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WORKERS at General Motorsâ German unit Adam Opel are not out of the woods yet. The company and union officials have agreed to reduce the German workforce by up to 10,000, but if cost cutting falls short, or
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SANTA CLARA, CALIFORNIA - The relationship between General Motors Corp. (GM) and the software industry is set for some major changes over the next few years as software becomes a more important component of the automobile, said Anthony Scott, the chief technology officer of GM's Information Systems and Services organization, at a conference of software industry executives Tuesday in Santa Clara, California.
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Buying Fiat Auto would saddle General Motors (GM.N: Quote, Profile, Research) with fresh restructuring charges and a political fight
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General Motors Corp., the world&#39;s biggest carmaker, will save 500 million euros ($664 million) annually after cutting 11,500 jobs and reorganizing its European division.
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MILAN  - Sharp differences between the Fiat Group and General Motors over an option by Fiat to sell its loss-making auto operations to GM will be the focus of a meeting between the two companies in Zurich on Tuesday.
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Overshadowed by General Motors the auto maker could reap real benefits from the latest union negotiations.
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General Motors Corp  will  step up consolidation of dealerships handling its three luxury  brands in a bid to shore up profitability, the automaker's  chief executive said on Saturday.
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Executives from General Motors Corp. gathered in Switzerland Tuesday for a meeting with their Fiat SpA counterparts at which they are expected to discuss the possible sale of the Italian giant's auto business.
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General Motors Corp. (GM.N: Quote, Profile, Research) , in the midst of reassessing its unprofitable European operations, is not ruling out closing a plant there and is likely to cut some jobs, a GM spokesman said on Wednesday.
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Europe has been a cold place for American carmakers these last few years. On Thursday, the General Motors Corporation made clear just how cold, announcing it
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General Motors Europe will chop 12,000 jobs over two years -- around a fifth of its workforce -- to lop 500 million euros ($673 million