General Motors CEO Rick Wagoner resigns

General Motors CEO Rick Wagoner resigns

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General Motors CEO Rick Wagoner has submitted his resignation.
He spoke about the decision to resign: “On Friday I was in Washington for a meeting with Administration officials. In [...]

General Motors to cut 10,000 salaried jobs this year

General Motors to cut 10,000 salaried jobs this year
US based auto giant General Motors has announced that they would cut around 10,000 salaried positions in the company this year.
GM said that they have to cut more jobs to meet the government restructuring deadline as they take on the worst downturns in the company’s history.
GM [...]

GM to setup a new engine plant in Flint Michigan

GM to setup a new engine plant in Flint Michigan
US based automaker General Motors has announced that they are going to setup a new engine manufacturing plant in Flint, Michigan.
The company said that this new plant would manufacture four cylinder engines. It would also be building powerplants for their upcoming model Chevrolet Volt.
In addition, it [...]

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