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    GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy

GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy

GM Korea was on the verge of filing for bankruptcy.
By |April 23rd, 2018|Article Type, Asia, Bailout, Business, Configuration, Downsizing, Financial, GM employment, Korea, Market, Negotiations, News, Planning, Production, Production work, Report|Comments Off on GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy|
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    PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

Opel's Eisenach plant fears its workforce could be halved.
By |April 20th, 2018|Article Type, Business, Configuration, Efficiency, Europe, Financial, Germany, GM employment, Market, Negotiations, News, Opel - Vauxhall, Production, Profitability, Report, Union|Comments Off on PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts|
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    GM Korea And Union Fail To Reach Wage Deal, One Last Round Of Talks Underway

GM Korea And Union Fail To Reach Wage Deal, One Last Round Of Talks Underway

GM Korea and the local auto union failed to reach a wage deal after marathon talks on Thursday. Now, both sides are holding one last round of talks today in[...]
By |April 20th, 2018|Article Type, Asia, Bailout, Business, Decisions, Financial, GM employment, Korea, Market, Negotiations, News, Report, Union|Comments Off on GM Korea And Union Fail To Reach Wage Deal, One Last Round Of Talks Underway|
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    GM Korea Is “Simply Going To Run Out Of Money,” Automaker Says

GM Korea Is “Simply Going To Run Out Of Money,” Automaker Says

The deadline to strike a deal and avoid bankruptcy is tomorrow, April 20.
By |April 19th, 2018|Article Type, Asia, Bailout, Business, Financial, Korea, Market, News, Report|Comments Off on GM Korea Is “Simply Going To Run Out Of Money,” Automaker Says|

GM Korea May Have A Tentative Funding Deal In The Works

The Korean Development Bank could sign a preliminary agreement on April 27.
By |April 17th, 2018|Article Type, Asia, Bailout, Business, Decisions, Financial, Government, Korea, Market, News, Report|Comments Off on GM Korea May Have A Tentative Funding Deal In The Works|
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    US Slaps Chinese-Imported Cars With 25-Percent Tariff, GM Responds

US Slaps Chinese-Imported Cars With 25-Percent Tariff, GM Responds

General Motors, notably, imports the Buick Envision crossover and Cadillac CT6 plug-in from China to the U.S.
By |April 4th, 2018|Article Type, Asia, Buick, Business, Cadillac, China, Costs, CT6, CT6 PHEV, Envision, Financial, Government, Market, News, North America, Politics, Report, USA|Comments Off on US Slaps Chinese-Imported Cars With 25-Percent Tariff, GM Responds|
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    General Motors Says Bankruptcy Approaching For South Korean Business

General Motors Says Bankruptcy Approaching For South Korean Business

GM Korea needs $600 million to make payments in April.
By |March 29th, 2018|Article Type, Asia, Business, Financial, Korea, Market, News, Planning, Production, Report, Spending|Comments Off on General Motors Says Bankruptcy Approaching For South Korean Business|
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    GM To Report First Quarter 2018 Earnings On Thursday, April 26

GM To Report First Quarter 2018 Earnings On Thursday, April 26

GM Authority will be on hand to provide live coverage of the announcement.
By |March 29th, 2018|Article Type, Business, Earnings, Financial, News|Comments Off on GM To Report First Quarter 2018 Earnings On Thursday, April 26|
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    General Motors Invests $100 Million For Self-Driving Car Production

General Motors Invests $100 Million For Self-Driving Car Production

The Brownstown and Orion, Michigan, plants will see upgrades for self-driving car production.
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    GM President Dan Ammann Calls On South Korea To Pull Its Weight In Restructuring Effort

GM President Dan Ammann Calls On South Korea To Pull Its Weight In Restructuring Effort

He said GM Korea can be a sustainable business, but every party has to partake in "shared sacrifice."
By |March 13th, 2018|Article Type, Asia, Business, Daniel Ammann, Financial, Korea, Market, News, People, Politics, Report|Comments Off on GM President Dan Ammann Calls On South Korea To Pull Its Weight In Restructuring Effort|
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