general-motors
Judge says needs time to rule on date of Sumner Redstone competence trial
June 8, 2016 by admin · Leave a Comment
The battle over control of Sumner Redstone’s $40 billion media empire moved to a Massachusetts courtroom on Tuesday, where a state judge said he needed time to decide whether to move up the date of a trial questioning the 93-year-old’s mental competence. Probate and Family…
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Judge says needs time to rule on date of Sumner Redstone competence trial
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Trump criticizes GM for Mexico investments
June 8, 2016 by creative · Leave a Comment
Republican presidential candidate Donald Trump rebuked General Motors Co on Tuesday, widening his criticism of American companies that have invested in Mexico. Trump has made criticism of Ford Motor Co a staple of his campaign speeches for more than a year, repeatedly suggesting that the…
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Trump criticizes GM for Mexico investments
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SunEdison says in talks for potential bankruptcy financing
April 15, 2016 by elegant · Leave a Comment
SunEdison, which is widely expected to file for bankruptcy soon, said it needed about $310 million to stay in business, estimating a cash shortfall of $260 million by mid-June. SunEdison said it expected to secure
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SunEdison says in talks for potential bankruptcy financing
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Despite pay revolt, BP shareholders sticking with Dudley
April 15, 2016 by admin · Leave a Comment
By Karolin Schaps LONDON (Reuters) – The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a…
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Despite pay revolt, BP shareholders sticking with Dudley
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Fiat Chrysler CEO sees only Toyota, VW, Ford as merger candidates
April 15, 2016 by elegant · Leave a Comment
By Agnieszka Flak AMSTERDAM (Reuters) – Toyota , Volkswagen and Ford are the only remaining potential merger candidates for Fiat Chrysler , since its attempt to join up with GM was rebuffed, Chief Executive Sergio Marchionne said on Friday. Marchionne has long called for mergers of big players in …
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Fiat Chrysler CEO sees only Toyota, VW, Ford as merger candidates
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GM recalls 1.04 million pickup trucks worldwide to repair seat belts
April 15, 2016 by admin · Leave a Comment
General Motors Co said Friday it is recalling nearly 1.04 million newer pickup trucks for a seat belt flaw. GM said the recall in the United States includes 895,232 vehicles and a stop-sale of approximately 3,000 new 2014 and 2015 model year pickups still on dealer lots. GM said the recall was prompted by warranty data that showed the flexible steel cable that connects the seat belt to
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GM recalls 1.04 million pickup trucks worldwide to repair seat belts
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U.S. judge rejects motion to review GM ignition switch deal
February 10, 2016 by admin · Leave a Comment
The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused a lawyer leading federal litigation over the switch, Robert Hilliard, of mismanaging the cases and negotiating a multimillion dollar settlement primarily to benefit his own clients, rather than all plaintiffs. Cooper had asked U.S. District Judge Jesse Furman in Manhattan, who oversees the federal switch litigation…
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U.S. judge rejects motion to review GM ignition switch deal
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Volkswagen to offer generous compensation for U.S. customers: paper
February 7, 2016 by publisher · Leave a Comment
Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg told Frankfurter Allgemeine Sonntagszeitung. Volkswagen in December asked Feinberg — who earlier headed the compensation funds for the…
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Volkswagen to offer generous compensation for U.S. customers: paper
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Ford, Toyota ally to counter Silicon Valley in dashboard war
January 4, 2016 by admin · Leave a Comment
By Joseph White LAS VEGAS (Reuters) – Toyota Motor Corp and Ford Motor Co said on Monday they will adopt the same software to link smartphone apps to vehicle dashboard screens and invited other automakers to join them to counter Apple Inc and Google's push to control cars of the future. Toyota, the world's largest automaker by vehicle sales, and…
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Ford, Toyota ally to counter Silicon Valley in dashboard war
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Oil rises as market ponders scale of future Iran exports
January 4, 2016 by creative · Leave a Comment
By Amanda Cooper LONDON (Reuters) – Oil prices rose on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi Arabia, the world's biggest oil exporter…
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Oil rises as market ponders scale of future Iran exports