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- Sale of Silverdome, a beacon in better times,bringing more dismay to Detroit 25 Nov 2009 03:16 GMT
... economy have disappeared with the hard-hit U.S. auto industry. Pontiac once had about 20,000 General Motors workers, but plant closures have wiped almost all of them out. Pontiac had nearly ...
- Big banks repaying bailout funds and prospering 25 Nov 2009 03:12 GMT
... and estimates taxpayers could be left with a bill totaling $155 billion. For instance, General Motors announced it would pay back a $6.7 billion in U.S. government loans by 2011, ...
- GM Unable to Sell SAAB, Leaning towards Closing Brand Next Week (F, GELYY) 25 Nov 2009 03:12 GMT
... with a Swedish company, Koenigsegg collapsed on the sale of their smaller subsidiary Saab, General Motors is looking to decide the fate of the Car brand next week. Saab is ...
- Koenigsegg abandons bid for Saab 25 Nov 2009 03:10 GMT
... was giving up its bid to acquire Saab Automobile from its US parent company General Motors. "We regret that after six months of intense and goal-oriented work we have come ...
- GM sale of Saab fails; car brand likely to close down after buyer pulls out 25 Nov 2009 02:55 GMT
... The logos of Saab and General Motors, GM, are seen in front of a car dealer in Stuttgart, Germany. General Motors ...
- Silverdome, a beacon in better times, sells for just $583,000, bringing more dismay to Detroit 25 Nov 2009 02:54 GMT
... economy have disappeared with the hard-hit U.S. auto industry. Pontiac once had about 20,000 General Motors workers, but plant closures have wiped almost all of them out. Pontiac had nearly ...
- Blow for GM as Swedes pull out of Saab talks 25 Nov 2009 02:37 GMT
... in Stockholm Published: November 25 2009 02:00 | Last updated: November 25 2009 02:00 General Motors has failed for the second time in two months to sell a lossmaking brand ...
- Saab blow as sale collapses 25 Nov 2009 02:37 GMT
... by Sweden's Koenigsegg pulled out of talks to buy the premium car brand from General Motors. Fritz Henderson, GM chief executive, said the company was "disappointed" by the niche supercar ...
- Sorry Saab, What the World Needs Now is Fewer Cars 25 Nov 2009 02:34 GMT
... Christian Von Koenigsegg, the Swedish entrepreneur who was close to buying Saab from General Motors, is a smart guy, according to his company website. As a young boy, Von ...
- Saab likely to close as GM fails to sell car brand 25 Nov 2009 02:32 GMT
... DEE-ANN DURBIN and TOM KRISHER AP Auto Writers DETROIT (AP) - A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish ...
- Nummi workers to get federal assistance 25 Nov 2009 02:14 GMT
... Nummi, which had been co-owned by General Motors and Toyota until it became a casualty of the auto industry collapse, was declared ...
- Koenigsegg Group AB Terminates Agreement For Purchase Of Saab - Web Exclusive 25 Nov 2009 02:12 GMT
... Agreement For Purchase Of Saab - Web Exclusive " class="body_link color_1 sz10"> DETROIT -- General Motors confirmed today that the proposed sale of its Saab subsidiary to Koenigsegg Group AB ...
- Koenigsegg backs out of plan to buy Saab from GM 25 Nov 2009 02:12 GMT
... Koenigsegg backs out of plan to buy Saab from GM DETROIT — General Motors Co. says a Swedish specialty car maker has ended plans to buy GM's Saab ...
- Federal aid for Nummi workers 25 Nov 2009 02:11 GMT
... Nummi, which had been co-owned by General Motors and Toyota until it became a casualty of the auto industry collapse, was declared ...
- Saab Faces Scrapheap as Sale Fails 25 Nov 2009 01:56 GMT
... Another of General Motors Co.'s brands appears all but headed for the junkyard after the collapse of the ...
- General Motors suppliers group returns US$140 million of its bailout support 25 Nov 2009 01:56 GMT
... General Motors suppliers group returns US$140 million of its bailout support WASHINGTON - The U.S. Treasury ...
- Strong banks, weak credit: Treasury rethinks TARP 25 Nov 2009 01:55 GMT
... Economy.com estimates taxpayers could be left with a bill totaling $155 billion. For instance, General Motors announced it would pay back a $6.7 billion in U.S. government loans by 2011, ...
- Saab future unclear as sale to Swedish firm fails 25 Nov 2009 01:55 GMT
... -- A Swedish automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the troubled brand. Koenigsegg Group AB ...
- Saab sale falls through 25 Nov 2009 01:55 GMT
... builder Koenigsegg Group AB pulled out of a deal to buy the company from General Motors. The fate of the prestige car marque is now expected to be decided next ...
- Saab likely to close as GM fails to sell brand 25 Nov 2009 01:54 GMT
... A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish ...
- Saab May Shut Down As GM Unable To Sell Asset 25 Nov 2009 01:53 GMT
... A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish ...
- GM returns $140M provided for parts suppliers 25 Nov 2009 01:51 GMT
... GM returns $140M provided for parts suppliers WASHINGTON (AP) - General Motors has returned $140 million of the $290 million it received from the government to ...
- Paltry sale for once-proud dome in once-proud city 25 Nov 2009 01:50 GMT
... economy have disappeared with the hard-hit U.S. auto industry. Pontiac once had about 20,000 General Motors workers, but plant closures have wiped almost all of them out. Pontiac had nearly ...
- Merkel waiting for 'thank-you letter' from General Motors 25 Nov 2009 01:36 GMT
... Merkel waiting for 'thank-you letter' from General Motors Earlier this month, Merkel said that Opel would have been finished without Berlin's loans. ...
- GM's Deal To Sell Saab Falls Apart 25 Nov 2009 01:34 GMT
... Last Modified: Tuesday, November 24, 2009 at 5:34 p.m. DETROIT | A deal for General Motors Co. to sell Saab to a specialty carmaker has collapsed, leaving the storied Swedish ...
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