Cars
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GM's Whitacre shakes up management
DETROIT (Reuters) - General Motors Co Chairman and Chief Executive Ed Whitacre announced a broad shake-up of the automaker's senior leadership on Friday, tightening his grip on the company three days after replacing its CEO. Full Article
GM's Whitacre shakes up management
DETROIT (Reuters) - General Motors Chairman and Chief Executive Ed Whitacre announced a broad shake-up of the automaker's senior leadership on Friday, tightening his grip on the company three days after replacing its CEO. Full Article
Raikkonen switches from Formula One to rally
LONDON (Reuters) - Ferrari's 2007 Formula One world champion Kimi Raikkonen announced his switch to rallying on Friday after agreeing a one-year deal with Citroen. Full Article
Conflict at GM's Opel deescalating
RUESSELSHEIM, Germany (Reuters) - General Motors and disgruntled German workers at European arm Opel took a big step towards reconciling differences on Friday as GM scrapped plans to cut nearly 550 jobs at an engineering centre. Full Article
New car sales leap 57.6 percent
LONDON (Reuters) - New car sales in Britain leapt an annual 57.6 percent in November, their biggest rise this year as buyers took advantage of a government incentive scheme and a temporary cut in sales tax. Full Article
Ex-Ford execs in bid for Volvo - report
(Reuters) - A group led by former Ford Motor Co executives has submitted a revised bid this week for Ford's Volvo unit and hopes to beat the offer by Chinese carmaker Zhejiang Geely Holding Group, the Wall Street Journal reported citing people familiar with the situation. Full Article
GM has 600 mln euros to overhaul Opel
BERLIN/FRANKFURT (Reuters) - General Motors has signalled it is ready to contribute about 600 million euros (542 million pounds) of its own cash to restructure its Opel carmaking unit, German Economy Minister Rainer Bruederle said. Full Article
Icy winds at Opel, Saab under Whitacre
FRANKFURT (Reuters) - The abrupt dismissal of General Motors chief Fritz Henderson by Chairman Edward Whitacre stoked fears on Wednesday of deeper staff cuts at its European arm Opel and the possible liquidation of Saab. Full Article | Video
GM CEO departs in shakeup by board
DETROIT (Reuters) - General Motors Co's chief executive Fritz Henderson abruptly resigned on Tuesday, after the company's board decided the automaker needed to push its restructuring faster under new leadership. Full Article | Video
GM to consider Saab sale until year end
DETROIT (Reuters) - General Motors Co said on Tuesday that it would consider offers for its Saab brand until the end of the month and move to close the Swedish unit then if it appears that it cannot be sold. Full Article
