General Motors Co., a new company majority-owned by the U.S. government, emerged from the remains of bankrupt General Motors Corp. by taking over the best assets of the biggest U.S. automaker. GM now consists of four U.S. brands, has about ...

Tagged with: GM

The loser in a General Motors Corp. bankruptcy would be Main Street, not Wall Street, said a lawyer who represented Chrysler’s dissident lenders and is trying to organize bondholders who hold up to $7 billion in GM’s debt. A separate ...

Tagged with: bondholders Chrysler Fritz Henderson GM mutual funds pension Thomas Lauria

General Motors Corp., already trimming its salaried work force by 14 percent, is planning a new set of cuts this month that may be similar in severity in some units, people familiar with the talks said. The Detroit automaker won’t ...

Tagged with: Fritz Henderson General Motors GM Tom Wilkinson United Auto Workers

Wentzville officials are starting to contemplate what was once unthinkable: the permanent shutdown of the General Motors van-assembly plant. This summer General Motors will shut down its Wentzville assembly plant for seven weeks. The automaker said the plant will close ...

Tagged with: Don Holt General Motors GM Greg Prestemon Paul Lambi van-assembly plant Wentzville

The local economy will take another hit this summer with General Motors’ recent announcement that its Wentzville van-assembly plant will shut down for a total of seven weeks. Just how much of a ripple effect the extended closure will have ...

Tagged with: automakers David Robbins General Motors GM Wainwright Industries Wentzville