THE SMART NEWS SOURCE | Feb 10 2012 19:15 | LAST UPDATED Feb 10 2012 19:15 |
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Buyers baulk at cost of 'green' carsA lot still needs to happen in the alternative fuels vehicle market before sales figures start to rise. GM profit falls, shares tumble on weak outlookGeneral Motors has posted a 15% fall in profit for the third quarter after a loss in Europe and investors that closed the door to improvement. Toyota loses its top spotBased on sales figures for the year to date, the Japanese car manufacturer is no longer king. Supply-chain woes hit more Sony plantsA shortage of parts will force Sony to cut production or suspend output at five more plants in Japan following the country's catastrophic earthquake. Is your divorce a corporate risk?When your high-profile divorce hits the media, it may hurt your company. Here's why. Opel expects a loss of 1,4-billion this yearOpel has reported that it suspects it will run at a loss of around 1,4-billion euros for 2010 and said that it hopes to make a profit in 2012. GM shares lose momentum in post-IPO returnGeneral Motors made a triumphant return to Wall Street but its shares lost momentum after an early bounce. GM recalling 1,3m vehicles over steering problemsGeneral Motors is recalling 1,3-million compact cars in North America to address a power steering problem that has been linked to 14 crashes. Toyota's US sales reel from crisis as GM, Ford surgeToyota sales dropped 16% in January as the carmaker reeled from a massive recall and rivals Ford and General Motors surged past it in the US market. Ron Gettelfinger: The man who conquered DetroitAfter a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry. GM to sell Opel to Magna with conditions, say sourcesThe board of General Motors has decided to sell its European arm Opel to Canadian car parts group Magna, sources said on Thursday. State backs apartheid victims' caseApartheid victims suing international companies for “aiding and abetting” will consider turning down an out-of-court settlement. GM reborn after 40 days in bankruptcyGeneral Motors is poised to emerge as a new company later on Saturday after only 40 days in bankruptcy. China bid for Hummer triggers scepticismThe announcement from Tengzhong that it wants to buy the Hummer brand from General Motors has led many to question just how plausible the deal is. Hummer's Chinese buyer a newcomerHummer owners are an unusual breed, but a little-known Chinese company's purchase of the maker of the SUVs is audacious even by their standards. What's in store for GM Africa?GM Africa Operations will host a media conference on Monday, following GM's filing for bankruptcy in the United States. GM trundles toward bankruptcyGeneral Motors will file for bankruptcy on Monday, forcing the 100-year-old carmaker into a new and uncertain era of government ownership. Once mighty US car industry faces day of reckoningThe once mighty US car industry faces a day of reckoning on Monday with the looming bankruptcy of General Motors. GM talks with Europe break down, Chrysler future on holdThe US auto industry faced an uncertain future after talks with Germany on the fate of General Motors' Opel unit collapsed. Belgium disputes German handling of Opel bidsBelgium has sought broad European involvement in decisions on struggling General Motors subsidiary Opel. |
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