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GM's chief gets $9 million

General Motors chairman and chief executive, Ed Whitacre, Jr. will receive a compensation package worth $9 million, the automaker said Friday.

 

US Auto Sales Up, Ford, GM Surge While Toyota Falls

US auto sales rose in January but were tempered by Toyota Motor Corp. (TM), which suffered a sales slide late in the month from a recall that led the auto maker to halt sales of more than half its vehicles.

 

Saab Still Hopes for Saving Bid

Saab Still Hopes for Saving Bid

GM's Swedish brand remains hopeful a sale can be agreed to keep it alive, even though it is still preparing to wind down operations.

 

GM names Microsoft exec as new CFO

GM names Microsoft exec as new CFO

GM said Monday it had hired Chris Liddell, the chief financial officer of Microsoft, as its new finance chief, filling a key position with the automaker's highest-profile hire since its July bankruptcy.

 

G.M. Plans to Close Saab After Talks Collapse

G.M. Plans to Close Saab After Talks Collapse

With a narrow, though loyal, customer base, Saab has proved too small to lure the world’s big automakers.

 

GM to repay bailout loans

GM to repay bailout loans

Automaker will repay $6.7B in taxpayer-funded loans by end of June, new chief executive says.

 

General Motors Management Shake-Up Continues

General Motors Management Shake-Up Continues

Edward E. Whitacre Jr., G.M.’s new chief executive, assigned numerous executives to new roles as he looked to strengthen the carmaker’s revival effort.

 

GM agrees to reconsider dealership closings

General Motors says it will reconsider its decision to close some dealerships as part of a compromise to scuttle federal legislation that would require it to keep dealerships open.

 

CEO of General Motors unexpectedly steps down

CEO of General Motors unexpectedly steps down

Fritz Henderson leaves government-owned automaker just months after his predecessor was forced to resign by a White House task force.

 

G.M. Is Said to Soon Begin Paying U.S. Debt

G.M. Is Said to Soon Begin Paying U.S. Debt

General Motors, which received $50 billion in taxpayer help, will begin paying back its debt to the U.S. and Canadian governments earlier than expected.

 

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