GM

According to CNBC, GM CEO, Dan Akerson, said today in a press conference that he wants the company to be more aggressive and move faster in the future. Akerson did not comment on the GM IPO.

ExxonMobil (NYSE: XOM) signed an agreement to continue as the lubricants supplier for the U.S. General Motors’ dealer network for the next five years. In addition, ExxonMobil announced that a number of its key products, including Mobil 1, are now officially dexosTM licensed worldwide. The new...

It may turn out that China is not the Holy Grail for multinational car companies that they believed it would be. The world’s largest car market was supposed to offer the opportunity for corporations like Ford (NYSE: F) and GM to post 40% or 50% sales increases per month. The number of light...

The initial public offering market is beginning to warm from recession lows, and with big name deals such as General Motors and Toys R Us looming on the horizon large IPOs appear to be gaining momentum. According to analytical firm Dealogic, 2010 year to date has brought $138.74 billion in priced...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Beware New Checking Account 'Opt-In' Rules Federal Reserve rules on checking accounts started this past weekend, and some Americans may be surprised by the changes, especially this one: Overdraft protection is no...

The U.S. Department of the Treasury today announced that it has agreed to be named as a selling shareholder of common stock in General Motors Company's (GM) registration statement on Form S-1 filed with the Securities and Exchange Commission for a proposed initial public offering. Treasury will...

General Motors Company today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of its Series B...

Despite their less than attractive status back in 2008, automaker stocks are coming back in a big way in 2010. For the past week, Wall Street has been abuzz over the scuttlebutt that General Motors could be days away from filing an IPO, the first step toward becoming a publicly traded company once...

Between December 2007 (when the recession officially began) and last month, more than 8 million Americans have lost their jobs, according to the government. Of those job losses, 700,000 stem from layoffs at just 25 companies, according to 24/7 Wall Street's analysis of data from employment...

General Motors (NYSE: GM) IPO filing could be filed with the SEC as soon as Friday, according to CNBC's David Faber. The bankers want to get it done before they head out on their summer vacation.

General Motors Co.’s European division has entered into a labor deal which would save it $331 million in costs every year. The deal will also clear the path for the division’s request for state aid. According to the Wall Street Journal, political parties in Europe are livid about supporting the U.S...

Chrysler's CEO has announced that the company may go public in 2011. He also said that he expects 2010 to be a better year than anticipated earlier. CEO Sergio Marchionne told reporters that he thinks there is plenty of room for public offerings by both General Motors and Chrysler. He said, “I...

General Motors Co. has collaborated with Google Inc. (NASDAQ: GOOG) for its new offering, Chevrolet Volt. The automaker will use Google Android OS in conjunction with its OnStar technology system. Chris Preuss, OnStar President, said, “There can be a technological tour de force beyond just vehicle...