The Auto Industry

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China moves on Opel with BAIC bid 10:15am EDT

FRANKFURT/MUNICH (Reuters) - A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.  Full Article

 
 

More on the Big three

Court Documents

Larry Spillman checks under the hood of his 1962 Chevrolet Corvette at an antique car show which featured cars from General Motors past, present, and future, at the Sport Chevrolet dealership in Silver Spring, Maryland, May 31, 2009.  REUTERS/Gary Cameron
GM bankruptcy filing

GM filed the third-largest bankruptcy protection in U.S. history and the largest ever in U.S. manufacturing. (.pdf)  Learn More 

General Motors: Facts

Chevrolet cars are seen in line at the parking lot of Tropical Miami General Motors dealership in Miami, June 1, 2009.  REUTERS/Carlos Barria
Bankruptcy process

Concessions from the United Auto Workers union and bondholders cleared the way for a smooth reorganization of the largest U.S. automaker.  Full Article 

INSIGHT & ANALYSIS

American flags flutter in the wind in front of the General Motors Corp. headquarters in downtown Detroit, Michigan in this November 7, 2007 file photo. REUTERS/Rebecca Cook/Files
Manufacturing anomaly

A survey of the U.S. industrial landscape not only provides a reassuring portrait of the nation's manufacturers but says a lot about what is in store for the U.S. carmakers.  Full Article 

 
Chrysler vehicles sit on the lot at a Performance Chrysler Jeep Dodge dealership in Phoenix, Arizona May 16, 2009. Chrysler filed for bankruptcy on April 30 and plans to terminate 789 of its almost 3200 dealerships by early June. REUTERS/Joshua Lott
Auto sales hangover?

The U.S. automobile industry had quite a party during the recent credit-infused economic boom, but the hangover could last for years to come.  Full Article 

 
A 1951 Chevrolet Woody Wagon is shown at the 'Cars With Class' showroom in Santa Monica, California, May 29, 2009. General Motors (GM) Corp, facing a government-imposed deadline of June 1, is widely expected to follow smaller rival Chrysler LLC into bankruptcy protection with the financial backing of the U.S. Treasury. REUTERS/Lucy Nicholson
Cash for clunkers

U.S. auto-repair companies will fend off the impact of a potentially harmful bill aimed at taking old cars off the road, and the closing of GM and Chrysler dealerships will be an unexpected boon for them.  Full Article 

 
President Obama speaks about new energy
Meddling with Detroit?

President Obama and lawmakers may find it tough not to weigh in on issues involving General Motors once the government takes majority ownership.  Full Article 

 
David Bailey
GM: Chapter 11 or bust

General Motors may never be the biggest manufacturer again, but Chapter 11 is about restructuring, erasing debts, cutting costs and reorienting the firm towards more environmentally friendly cars.  Commentary 

 
General Motors Chief Executive Officer Fritz Henderson speaks during a news conference at GM headquarters in Detroit
Get out of jail free card

Nothing says failure or hitting bottom like a $50-billion government bailout or bankruptcy — or both. But you might not know that from the tone of GM officials.  Blog