general motors corp

General Motors Corp. , for decades the No. 1 car seller in the world, has been derided in recent years as 'Government Motors.' Meanwhile, fellow Big Three Detroit auto maker Chrysler was all but left for dead.

A person familiar with the negotiations says General Motors Corp. is in talks to sell parts of Saab Automobile's technology to Beijing Automotive Industry Holdings and the rest of the company to a second buyer.

About 37 percent of U.S. Saab dealers will close as part of General Motors Corp.'s planned sale of the ailing Swedish car brand to Koenigsegg Group AB, a GM spokeswoman said Saturday.

Penske Automotive Group Inc. says it has ended talks with General Motors Corp. to acquire Saturn, citing concerns of whether GM could continue to supply vehicles.

China's Beijing Automotive Industry Holdings has struck a preliminary deal to become a minority stakeholder in Koenigsegg Group AB's takeover of Saab Automobile from General Motors Corp.

A labor union representing thousands of retired autoworkers in Ohio and Mississippi says it has reached a tentative agreement with General Motors Corp. to provide baseline health-care coverage for retirees.

General Motors Corp. on Tuesday said it has signed a final agreement to sell all shares in its unit Saab Automotive to Sweden's Koenigsegg Group AB, confirming the preliminary deal revealed in June.

General Motors Corp. says its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving.

Toyota Motor Corp. is likely to close the Fremont plant it has operated with General Motors Corp. for the past 25 years, according to a report this week.

Shares in the old General Motors Corp. dropped more than 50 percent Wednesday after the stock symbol was changed to reflect the company's new name, Motors Liquidation Co.