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GM to begin repaying government loans

...Chapter 11 protection in July. Fritz Henderson, GM's chief executive, said the loss, while smaller than GM had planned before going into bankruptcy, was...a loss and we cannot be satisfied with it". GM lost just over $400m at its European Opel/Vauxhall...

GM to start repaying loans from its bail-out

...Chapter 11 protection in July.Fritz Henderson, GM's chief executive, said that the loss, while smaller than GM had expected before going into bankruptcy...a loss and we cannot be satisfied with it".GM lost just over $400m at its European Opel/Vauxhall...

GM hit by post-tax loss of $1.15bn

...Chapter 11 protection in July.Fritz Henderson, GM's chief executive, said that the loss, while smaller than GM had expected before going into bankruptcy...a loss and we cannot be satisfied with it".GM lost just over $400m at its European Opel/Vauxhall...

GM to begin repaying bail-out loans as it reveals fresh losses

...Chapter 11 protection in July.Fritz Henderson, GM's chief executive, said the loss, while smaller than GM had expected before going into bankruptcy, was...nonetheless a loss and we cannot be satisfied with it".GM lost just over $400m at its European Opel/Vauxhall...

GM chief promises cash for new-look Opel

...to keep the unit.Fritz Henderson, head of GM, spoke after a series of meetings with Opel's...rather than seek 100 per cent government aid.GM said it needed €3bn ($4.5bn) to restructure...European governments. A person close to GM said "roadshows" with those governments...

Anger over GM's Opel U-turn

GM late Tuesday night sent shockwaves through Europe and the car...comprises British marque Vauxhall. The decision marked a U-turn in GM's strategy and reflects improved business confidence in the...month of increased car sales in the US. Unions vow to fight GM Klaus Franz, head of Opel's works council, announced warning...

GM's Europe chief steps down

...its Opel/Vauxhall operations.  Revamping GM Interactive graphic: Key events that have...would remain in an advisory role as part of GM's search for a permanent successor. He is...succeeded on an interim basis by Nick Reilly, GM's head of international operations.The management...

Opel caught by surprise as GM steers away

GM's decision to retain Opel caught even senior managers at the European carmaker completely by surprise. Just hours before GM's strategic U-turn, Carl-Peter Forster, head of GM Europe, displayed confidence that the planned sale to Canadian car parts maker Magna would close...

GM sure on funding Opel revamp

...government bridge loan.Fritz Henderson, GM chief executive, said on Thursday that Opel...extended to Opel in May to keep it afloat after GM entered Chapter 11 bankruptcy protection...Henderson said.His comments came two days after GM's boardsurprisingly decided to keep the...

Berlin calls GM U-turn 'unacceptable'

...the German economics minister, described GM's behaviour as "totally unacceptable", while...state premier in Nordrhein Westfalen, said GM's actions represented "the ugly face of...Wednesday afternoon where they agreed that GM must concentrate on securing jobs.The chancellor...

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