Judge says bankruptcy shields GM from some ignition suits

Last Updated: Thursday, April 16, 2015, 05:05

A US bankruptcy judge ruled Wednesday that General Motors` 2009 bankruptcy shields it from a large number of lawsuits over ignition-switch defects.

Canada sells its multibillion-dollar stake in General Motors

Last Updated: Tuesday, April 7, 2015, 10:44

The original 2009 investment was part of the effort to bail out the then-sputtering automaker.

GM ignition switch death toll rises to 77

Last Updated: Monday, March 30, 2015, 23:09

An additional 141 injured people also are eligible for compensation.

GMR Holding ties up Rs 1,250 crore for GMR Infra rights issue

Last Updated: Monday, March 23, 2015, 12:13

The funding arranged constitutes about 89.17 per cent of the size of the rights issue, the filing said.

General Motors to shut Russian plant, Opel brand to exit

Last Updated: Wednesday, March 18, 2015, 19:33

As a result of the decision to change the business model in Russia, GM said it expects to record net special charges of up to approximately USD 600 million primarily in the first quarter of 2015.

GM India launches updated version of Captiva at Rs 27.36 lakh

Last Updated: Monday, March 16, 2015, 13:25

"The Captiva has been warmly welcomed in markets around the world due to its combination of distinctive styling, refinement, best-in-class safety, comfort and versatility and powerful yet frugal diesel power-train," he added.

GM plans $5 billion share buyback, agrees deal to avert proxy fight

Last Updated: Monday, March 9, 2015, 18:00

General Motors Co. said Monday it would launch a new, USD 5 billion share buyback, and put forward a more detailed plan for capital allocation that promises investors the potential for further cash returns.

GM's Opel to offer cars with free Wi-Fi for one year

Last Updated: Tuesday, March 3, 2015, 22:57

General Motors is launching its digital Onstar connection service in Europe this year, offering Opel and Vauxhall buyers free car connectivity for the first year after purchase.

GM, Brazil workers reach deal to end strike: Union

Last Updated: Thursday, February 26, 2015, 22:37

Some 5,200 workers at a General Motors plant in Brazil ended a nearly weeklong strike on Thursday after reaching a deal with management over threatened layoffs, union officials said.

PM Modi bets on GM crops for second green revolution

Last Updated: Sunday, February 22, 2015, 09:34

On a fenced plot not far from Prime Minister Narendra Modi`s home, a field of mustard is in full yellow bloom, representing his government`s reversal of an effective ban on field trials of genetically modified (GM) food crops.

GM ignition-switch death toll climbs to 56

Last Updated: Tuesday, February 17, 2015, 23:05

The General Motors death toll from faulty ignition switches has climbed to 56 from 51 as the automaker`s independent compensation fund weighs claims after the massive car recall.

Major push on exports, two new models in 2 years: GM India

Last Updated: Monday, February 16, 2015, 19:10

In a bid to make its Indian operations sustainable, US-based auto major General Motors is targeting a multiple-fold jump in exports from here apart from lining up two new models to be launched by 2016.