GM expects India business to be profitable in five years

Last Updated: Wednesday, September 2, 2015, 18:25

General Motors Co expects to be profitable in India in five years as it cuts costs and works towards increasing locally produced content for its cars, the automaker`s country chief told Reuters.

GM to invest Rs 6,400cr to roll out 10 cars from Maha: Fadnavis

Last Updated: Thursday, July 30, 2015, 16:03

US automaker General Motors has lined up an investment of Rs 6,400 crore and plans to roll out 10 new models from its plant in Maharashtra, state's Chief Minister Devendra Fadnavis said Thursday.

GM to invest $1 billion in India, double market share by 2020

Last Updated: Wednesday, July 29, 2015, 14:51

GM Chief Executive Officer Mary Barra said at a briefing in New Delhi that the investment in India was expected to create 12,000 jobs at the company and its suppliers in Asia`s third-largest economy.

GM to invest $5 bn on new Chevrolet for emerging markets

Last Updated: Tuesday, July 28, 2015, 18:52

General Motors announced plans Tuesday to invest $5 billion to introduce a new family of cars under the Chevrolet line targeting emerging markets, co-developed by Chinese partner SAIC Motor.

GM earnings more than double on US truck demand; shares jump

Last Updated: Friday, July 24, 2015, 09:03

General Motors Co shares rose about 4 percent on Thursday after the automaker reported adjusted net income that more than doubled in the second quarter, driven by North American truck sales and continued strength in China.

GM earnings surge on solid sales in US, China

Last Updated: Thursday, July 23, 2015, 18:34

General Motors reported Thursday that earnings quadrupled due to solid sales in the US and China even as revenues were dented by the strong dollar.

General Motors recalls 1.55 lakh vehicles in India

Last Updated: Monday, July 13, 2015, 18:18

In the biggest recall of vehicles in India, General Motors is recalling 1.55 lakh vehicles made between 2007 and 2014, including Chevrolet Spark, Beat and Enjoy models, to rectify faulty remote keyless entry accessory.

GM recalls 780,000 SUVs for possible lift gate issue

Last Updated: Friday, July 10, 2015, 20:26

The recall covers the Buick Enclave from model years 2008-2012, the Chevrolet Traverse from 2009-2012, the GMC Acadia from 2007-2012 and Saturn Outlook from 2007-2010, the AP said.

General Motors India to hike prices by up to 2% from July

Last Updated: Wednesday, June 24, 2015, 15:58

General Motors India plans to hike price of its models by up to 2 per cent with effect from next month to partially offset the recent foreign exchange fluctuations.

GM ignition-switch death toll climbs to 117

Last Updated: Tuesday, June 23, 2015, 22:08

In the latest update, the fund said 354 claims for fatalities and injuries were eligible for compensation out of the total 4,342 claims it had received.

GM and FCA line up financial advisers in merger stand-off

Last Updated: Thursday, June 18, 2015, 09:55

GM is being advised by Goldman Sachs, while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.

GM`s Mary Barra brushes off Fiat merger talk

Last Updated: Wednesday, June 10, 2015, 09:54

General Motors chief executive Mary Barra brushed off talk of a merger with Fiat Chrysler Automobiles Tuesday, suggesting the top US automaker doesn`t need to boost its size via acquisition.