Posts Tagged ‘U.S.’

GM picks new head of global marketing

DETROIT, Dec. 18 (UPI) — U.S. automaker General Motors Co. named former Nissan and Hyundai marketing executive Joel Ewanick to lead its marketing worldwide. View full post on All Stories

GM gives $27.1 million to Detroit schools

DETROIT, Dec. 11 (UPI) — U.S. automaker General Motors said it would donate $27.1 million over five years to help five public high schools in Detroit. View full post on All Stories

GM to seek easing of executive pay restrictions

WASHINGTON (Reuters) – General Motors Co Chief Executive Dan Akerson said on Friday that the automaker is seeking “some relaxation” in the restrictions on executive pay imposed by the U.S. government. View full post on All Stories

Ford to hire 1,800 workers at revamped Kentucky plant

LOUISVILLE, Ky. — Ford is the latest U.S. automaker to announce it is hiring again. Ford said Thursday it will add 1,800 workers at a plant in Louisville to build the Escape, the second best-selling small SUV in the U. View full post on All Stories

Honda will stop making Element

Honda Motor Co., the fourth-largest automaker in the U.S., said it will discontinue the Element sport-utility vehicle after the 2011 model as sales fall for the seventh straight year. View full post on All Stories

U.S. Treasury Receives Additional $1.8 Bln In Proceeds From GM IPO – Update

The U.S. Department of the Treasury said Thursday that it received $1.8 billion in additional net proceeds from automaker General Motors Co.’s (GM, GMM.TO) initial public offering, bringing the overall net proceeds for taxpayers from the GM IPO to $13.5 billion. View full post on All Stories

GM makes $4 billion pension-plan contribution

NEW YORK (MarketWatch) — General Motors Co. said Thursday it contributed $4 billion to its U.S. pension plan. “This pension contribution puts us another step closer to our goal of fully funding our pension plans and achieving minimal debt,” said Chief Financial Officer Chris Liddell. The automaker emerged from bankruptcy on July 10, 2009, after [...]

Chrysler to resurrect the Viper

AUBURN HILLS, Mich., Dec. 1 (UPI) — U.S. automaker Chrysler confirmed Wednesday that its high-performance Viper, tucked away this summer, would not stay wrapped on moth balls for long. View full post on All Stories

GM to hire 1,000 with Volt out of the box

DETROIT, Nov. 30 (UPI) — U.S. automaker General Motors Co. said it would hire 1,000 engineers to ramp up its technical prowess as the first for-sale Volt rolled off the assembly line. View full post on All Stories

Bailout stigma: Not easy to leave behind

DETROIT, Nov. 27 (UPI) — U.S. automaker General Motors said banks underwriting its initial public offering had issued 71.7 million shares of common stock in an over-allotment release. View full post on All Stories

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