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Reuters Industry Summit

The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    GM and eBay testing partnership in California

    DETROIT
    Fri Jul 10, 2009 10:03am EDT

    DETROIT (Reuters) - General Motors will test a partnership with eBay Inc in California that allows customers to bid on vehicles or buy them at a predetermined price online, GM said on Friday.

    U.S.

    "We'll be testing this and other ideas with our dealers over the next few weeks and hope to expand and build upon them in the coming months," GM Chief Executive Fritz Henderson said in a statement.

    A new GM emerged from bankruptcy on Friday. The company is reducing its white-collar work force and its dealership network.

    (Reporting by David Bailey)
    U.S.


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