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GM Retirees Polled on Possible Pension Buyouts
5/15/2012Polling firm Gallup Inc. has been contacting some General Motors Co. salaried retirees to ask whether they would accept a lump-sum pension buyout if the carmaker were to offer it, Automotive News reports.
Supplier-OEM Relations Converge in U.S.
5/14/2012Toyota and Honda still have the best supplier relationships in North America.
Industrial Production Slips in EU
5/14/2012Industrial output in the 17-country eurozone, which climbed an upwardly revised 0.8% from January to February, declined 0.3% in March, according to Eurostat, the EU statistical agency.
GM Eyes Ally Financial’s International Unit
5/14/2012CEO Dan Akerson tells Bloomberg News that General Motors Co. is interested in buying Ally Financial Inc.'s international operations.
GM Adds Small Crossovers to Global Lineup
5/14/2012General Motors Co.'s Chevrolet brand says it will debut a new small SUV call the Trax at the Paris auto show in September.
UPDATE: GM Unveils Some of its Opel Restructuring Plans
5/14/2012General Motors Co.'s Adam Opel unit says it aims to boost output at its underutilized assembly plants in Europe by building vehicles for export and perhaps making Chevrolet vehicles at Opel factories.
UPDATE: Opel Unveils Restructuring Plans
5/14/2012General Motors Co.'s Adam Opel unit says it aims to boost output at its underutilized assembly plants in Europe by building vehicles for export and perhaps making Chevrolet vehicles at Opel factories.
Suppliers Give Toyota Top Marks, But Detroit Narrows Gap
5/14/2012Supplier relations with U.S.-based automakers in North America continue to improve even as their relationships with top-ranked Toyota and second-place Honda keep deteriorating, says Birmingham, Mich.-based Planning Perspectives Inc.
U.S. EV Battery Company Forecast Big Loss
5/14/2012Lithium-ion battery producer A123 Systems Inc. has warned investors that it expects to report a net loss of $125 million for the first quarter of this year compared with a $54 million loss in the same period of 2011.
Porsche Scraps Plan for Lower-Cost Sports Car
5/14/2012CEO Matthias Mueller says Porsche AG has dropped plans to develop a relatively inexpensive sports car for its lineup.