Peugeot unions voiced concerns in the proposed deeper tie-up plans for the company and General Motors.
Tags: General Motors
General Motors issues bond for payouts
General Motors newly issued unsecured bonds were offered to the market and was lauded as preparatory for the return to investment grade status.
Moody's upgrades GM debt
GM debt had been upgraded by Moody's Investment Service to investment grade from junk status. General Motors' debt to investment grade status had been restored by Moody's Investment Service to investment grade.
GM announces planned share buyback of some UAW preferred shares
General Motors Co said it would undertaking a share buyback of some of its preferred shares held by a United Auto Workers healthcare trust.
Fiat buys out GM in VM Motori
Fiat buys out GM to become sole owner of diesel engine manufacturer VM Motori. Fiat, the Italian carmaker, had laid out plans to takeover VM Motori, the Italian diesel engine manufacturer.
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GM set to expand its operations in Mexico. (Photo : Reuters)The image is a GM parking lot with recently manufactured vehicles in a row. Last Wednesday, General Motors Co had unveiled plans for the expansion of its Mexican operations, investing US$691 million into the country.
Consortium bids for Fisker at the fraction of the price. A group participated by Bob Lutz, a former Executive of General Motors Co together with the biggest parts maker in China is eyeing to acquire Fisker Automotive for US$20 million which is a percentage of the "green" car company's projected value in the last quarter of 2011, according to a report from Reuters.
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
The Department of Treasury will sell off its shares in Detroit carmaker General Motors. The US government has sold off a major portion of its shareholdings in General Motors Co.
GM, in a letter obtained by the Wall Street Journal, said it would increase its capital funding in the US compared to China.
GM and its partners would be building new plants and increase production to five million cars a year.
GM expands interests in South Korea. An additional US$7. 3 billion is being eyed by General Motors Co. to be invested into its South Korean subsidiary spread over five years.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
