Stories tagged with "general motors corp"

Old GM hearing set on retirees benefits by indystar

Old General Motors Corp., now formally named Motors Liquidation Co., has a Nov. 12 hearing in New York for approval of a settlement which will terminate its liability for ongoing... – Oct 30, 2009 at 10:19 AM in Business

Car dealership that survived Great Depression calls it quits by Josh Duke

A Brownsburg car dealership launched 81 years ago — a year before the stock market crash that signaled the Great Depression — has closed, a victim of the latest... – Jul 11, 2009 at 1:00 AM in Brownsburg

GM, Chrysler fight reopening of closed dealerships by indystar

WASHINGTON — General Motors and Chrysler urged lawmakers Thursday to block legislation that would prevent them from consolidating their dealership networks, warning it would... – Jul 10, 2009 at 1:00 AM in Business

Bankruptcy judge OKs GM sale plan by indystar

NEW YORK — A bankruptcy judge said late Sunday that General Motors Corp. can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from... – Jul 06, 2009 at 2:52 AM in Business

Bad credit, good sales by Dana Hunsinger

Used-car chain enjoys steady demand As new car sales plummet, unemployment rises and the economy remains in a recession, J.D. Byrider Systems is flourishing — selling used... – Jul 05, 2009 at 2:23 AM in Retail/Real Estate

GM waits for judge's ruling on sale plan by indystar

NEW YORK — The judge in the General Motors Corp. bankruptcy case adjourned a three-day hearing without indicating when he will rule on the company’s plan to sell its good... – Jul 02, 2009 at 8:00 PM in Business

Forth Wayne Foundry closing 2 plants by indystar

FORT WAYNE Fort Wayne Foundry Corp. has told the state it will close plants in Fort Wayne and Columbia City, idling 461 workers. Foundry President Michael Lombardi says the company... – Jun 06, 2009 at 1:00 AM in Business

Penske strikes deal to buy Saturn by indystar

General Motors Corp. this morning announced a tentative deal for renowned Detroit businessman Roger Penske to acquire GM’s struggling Saturn brand and distribution network.... – Jun 05, 2009 at 11:31 AM in Business

Military versions of Hummer excluded from GM sale by indystar

DETROIT — The U.S. Army is assuring people that General Motors’ deal to sell its Hummer brand to a Chinese company has nothing to do with the military version of the... – Jun 04, 2009 at 8:04 PM in Business

GM studying more temporary shutdowns by indystar

DETROIT — General Motors Corp. is evaluating the temporary closure of more factories — possibly including an Indiana plant — in the third quarter as it tries to... – Jun 04, 2009 at 8:23 AM in Business

Hummer sale may save Indiana jobs by indystar

DETROIT — General Motors Corp. took a key step toward its downsizing today, striking a tentative deal to sell its Hummer brand, while also revealing that it has potential buyers... – Jun 02, 2009 at 3:01 PM in Business

GM plans to speed up plant closure by indystar

General Motors Corp. said Monday it will shutter nine more plants, including the Indianapolis stamping center that already was targeted for closing. The closures, part of a... – Jun 02, 2009 at 1:00 AM in Business

Changes and the GM family by indystar

General Motors Corp.’s Chapter 11 bankruptcy will have consequences for everyone from its suppliers to customers to dealers. Here’s a look at what it means for each of... – Jun 02, 2009 at 1:00 AM in Business

Indy stamping plant among GM casualties by indystar

DETROIT — General Motors Corp. said today that it will permanently close nine more plants — including the Indianapolis stamping center — and idle three others to trim production... – Jun 01, 2009 at 2:57 PM in Business

Obama defends U.S. intervention in GM by indystar

WASHINGTON — President Barack Obama is defending the government’s intervention in the auto industry, saying the collapse of GM and Chrysler would have been devastating for the... – Jun 01, 2009 at 1:15 PM in Communities

Timeline of General Motors by indystar

Sept. 16, 1908:General Motors Company founded by William C. Durant, incorporating Buick Motor Co. Oldsmobile joins GM in November. 1909- GM sells 25,000 cars and trucks. Acquires... – Jun 01, 2009 at 2:12 AM in Business

Timeline of General Motors by indystar

Sept. 16, 1908:General Motors Company founded by William C. Durant, incorporating Buick Motor Co. Oldsmobile joins GM in November. 1909- GM sells 25,000 cars and trucks. Acquires... – Jun 01, 2009 at 1:00 AM in Business

AP sources: GM to file bankruptcy by indystar

DETROIT — With the clock ticking on today’s deadline to restructure, General Motors worked feverishly Sunday to shore up its global businesses to clear the way for a... – Jun 01, 2009 at 12:50 AM in Business

Bankruptcy looms for GM; Chrysler awaits fate by indystar

DETROIT (AP) — General Motors Corp. has pulled together many of the pieces needed to complete government-ordered restructuring, but its board still is likely to decide... – May 30, 2009 at 4:43 PM in Business

GM sets news conference for Monday by indystar

DETROIT — General Motors Corp. has cleared a couple of key roadblocks on the ailing automaker’s route to an almost certain bankruptcy filing Monday. Early today in Berlin,... – May 30, 2009 at 12:16 PM in News