Top Stories on General Motors bankruptcy |
General Motors CEO Dan Akerson: I'll work with unionGeneral Motors CEO Dan Akerson chose the UAW for the topic of his first companywide message, saying he believes in cooperating with the group. Others have suggested the union could prove a challenge for the sacrifice-minded boss.Motors Liquidation Company Files Joint Chapter 11 PlanDETROIT--Motors Liquidation Company (f/k/a General Motors Corporation) (â??MLCâ????) today announced that MLC, MLC of Harlem, Inc. (f/k/a Chevrolet-Saturn of Harlem, Inc.), MLCS, LLC (f/k/a Saturn, LLC), MLCS Distribution Corporation (f/k/a Saturn Distribution Corporation), Remediation and Liability Management Company, Inc., and Environmental Corporate Remediation Company, Inc. (collectively ...Motors Liquidation Files Plan to Resolve BankruptcyMotors Liquidation, the old shell of General Motors, said it has filed a plan with a U.S. court to come out of bankruptcy.Dan Akerson era with General Motors off to subdued startDan Akerson began his tenure as General Motors' CEO quietly Wednesday, although a chance for GM workers to hear his voice is coming. Akerson had already been in town each of the last two weeks, meeting with executives and preparing to take the reins from outgoing CEO Ed Whitacre.Opel: The achilles heel in GM's IPOAs General Motors gets ready to take its show on the road in support of its initial public offering after Election Day, one of its biggest question marks is the future of Opel and its European division.General Motors: Sales off sharply from August 2009Note: Sales in August 2009 were boosted by "Cash-for-clunkers". General Motors Co. said Wednesday that U.S. sales in August slumped 24.9% to 185,176 vehicles from 246,479 in August 2009.Old GM, Motors Liquidation, files plan to revampTEL AVIV (MarketWatch) -- Motors Liquidation Co., what was left of General Motors Corp. after GM's car operations were split off in a bankruptcy reorganization, filed a revamping plan in U.S. Bankruptcy Court in Manhattan. If the court confirms the plan, Motors Liquidation said in a late Tuesday statement, the company's assets and liabilities will be placed in four trusts. One trust will address ...GM could start selling stock by NovemberAnother sign that General Motors is on the road to recovery following its bankruptcy: The automaker could start selling its stock by November.GM's new boss woos autoworkers in first staff memoGeneral Motors' new boss Dan Akerson sent his first letter to staff on Thursday, saying he valued the role of organized labor in the company's success as GM heads into negotiations with its union-represented U.S. workers next year.GM readies road show to attract investors for day after electionsDETROIT - General Motors has tentatively timed the start of its road show to promote its initial public stock offering for Nov. 3, the day after U.S. congressional elections, a person familiar with the plan said. |
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