GM Sells Part Of Self To Navistar
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Automotive giant enters agreement with truck maker to sell its medium-duty truck business.
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Billionaire Kirk Kerkorian indicated he was selling another large portion of his General Motors Corp. shares, and an afternoon transaction yesterday may mean he has divested himself entirely of his stake in the automaker.
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General Electric Co., the world&#39;s top conglomerate, said on Monday it had sold a majority of its pioneering Indian back-office unit to exit a non-core business
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NEW DELHI : General Electric Co., a pioneer in business processing in India, has sold a majority stake in its Indian outsourcing arm, GE Capital Services, to two US-based private equity investment firms for US$500m.
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US carmaker GM agrees a $2bn price-tag with Fiat to get out of a deal which could have forced it to buy the Italian firm.
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A County Antrim haulage company which went bankrupt with the loss of 200 jobs is selling its fleet.
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- Commercial truck maker Navistar  International Corp. NAV.N on Monday said it expects higher  fourth-quarter earnings and revenue as the recovering U.S.  economy spurs orders for its trucks and engines.
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The carrier sells its shares at a steep discount to the market price.
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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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FAIRFIELD, Conn. -- General Electric Co. said Thursday it agreed to sell a majority stake in its advanced materials unit to private investment group Apollo Management LP in a deal it valued at $3.8 billion.
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General Motors Corp  on Wednesday reported global sales of 9.37 million vehicles in 2007, sharing the mantle of the world's largest automaker with Japanese rival Toyota Motor Corp  for the first time in 76 years.
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General Motors Acceptance Corp. plans to sell $2.7 billion of securities backed by auto loans on Wednesday, a person familiar with the deal said on Tuesday.
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By Alejandro Bodipo-Memba, Detroit Free Press  Feb. 21--AT&T Inc. and General Motors Corp. have signed a five-year $1-billion networking contract to deliver next-generation telecommunications to the Detroit automaker.
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Navistar International, an Illinois-based maker of trucks and diesel engines, is expected to announce Thursday that it is buying General Motorsâ medium-duty truck business.
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Automotive parts supplier ArvinMeritor Inc. (ARM.N: Quote, Profile, Research) on Thursday said it plans to sell two businesses that account for about $1
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Defense contractor Northrop Grumman  Corp.  has put its navigation systems unit on the  auction block and it could sell for as much as $1 billion, the  Wall Street Journal reported on Monday, citing people familiar  with the matter.
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Citigroup said Monday it agreed to sell its truck-financing business to GE Commercial Finance for $4.4 billion, concluding a recent spate of divestitures in its leasing operations.