March 14, 2016Comments Off on New GM ignition switch suit starting
NEW YORK — Weeks after the first New York trial over General Motors’ faulty ignition switch controversy ended prematurely, a new one is set to start. The Manhattan federal court trial that begins on Monday is meant to define legal ...
February 24, 2011Comments Off on GM posts 4Q net profit as comeback continues
DETROIT — In an impressive comeback from bankruptcy, General Motors last year posted its first annual profit since 2004, putting the company on pace to repay more of the taxpayer bailout and even recapture the title of No. 1 global automaker this year.
November 23, 2010Comments Off on Saudi billionaire buys 1 percent stake in GM
CAIRO — Saudi billionaire Prince Alwaleed bin Talal says he has invested $500 million in General Motors, the U.S. auto giant whose shares returned to trading last week after its bankruptcy and bailout by Washington.
August 19, 2010Comments Off on A year after bankruptcy, GM plans stock sale
DETROIT — Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell stock to the public once again with the eventual goal of ridding itself of government ownership.
April 27, 2010Comments Off on GM to invest $890 million, keep 1,600 jobs
DETROIT — General Motors Co. will invest $890 million at five factories to make its V-8 engines more fuel efficient, preserving or creating roughly 1,600 jobs. The automaker planned to announce the investments ...
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