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GM Seeks Court Approval To Sell Chevrolet And Cadillac To A 'New GM' Entity

WED, 1 JUL, 2009

GM US, in bankruptcy, is seeking approval from a US bankruptcy court to sell its best bits, its most valuable assets...

Post-Bankruptcy GM To Be Billions Better Off

TUE, 30 JUN, 2009

GENERAL MOTORS is looking to divest itself of around AU$15 billion in costs during its Chapter 11 reorganization, leading to a GM that could actua...

GM Files For Chapter 11 Bankruptcy; Plants To Close, Dealerships Cut, Holden ‘Unaffected’

TUE, 2 JUN, 2009

THE INEVITABLE for General Motors - America’s 101 year-old vehicle manufacturing colossus, a symbol for generations of Americans and once the wo...

GM Bankruptcy Imminent: UAW Negotiates Agreement But Bondholders Hold Out

THU, 28 MAY, 2009

GM US HAS OVERNIGHT moved one step closer to bankruptcy following the rejection of a debt for equity offer by GM to its bondholders (the banks and...