tag General Motors

Peugeot Buying Opel is Good for Iran

EghtesadOnline: PSA Group’s announcement this week that they are looking to purchase the Opel/Vauxhall brands from General Motors is hardly surprising to many who know the European car market and its flagging sales pattern. But for the Iranian market, which still has limited exposure to European brands, it could mean an entirely new firm entering with force.
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Publish Date:19/February/2017 | 14:59

GM and Canada union far apart on product as strike looms

EghtesadOnline: Canada's autoworkers' union Unifor and General Motors Co made little progress resolving the key issue of new investment in contract talks late on Sunday, the union's president said, just over 24 hours ahead of a strike deadline.
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Publish Date:19/September/2016 | 05:37

No significant progress in auto talks with GM: Canada Unifor union

EghtesadOnline: General Motors Co and the Canadian union Unifor have not yet made any significant progress in their talks to hammer out a new contract, the labor group's President Jerry Dias said on Saturday as the sides entered the final stretch of negotiations.
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Publish Date:18/September/2016 | 09:06

GM remains most valuable U.S. car company, Tesla is No. 2

EghtesadOnline: Tesla Inc, whose market capitalization passed that of Ford Motor Co on Monday, still trailed General Motors Co as the most valuable U.S. auto firm in mid-day trade on Tuesday.
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Publish Date:05/April/2017 | 05:44

Peugeot poised to buy GM's Opel, creating European car giant

EghtesadOnline: France's PSA Group is set to announce a deal to buy Opel from General Motors on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition.
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Publish Date:05/March/2017 | 05:27

Lyft rebuffs acquisition interest from GM: report

EghtesadOnline: Ride hailing company Lyft rebuffed acquisition interest from General Motors Co and will raise a new funding round instead, technology website The Information reported on Friday, citing two people familiar with the situation.
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Publish Date:13/August/2016 | 07:35