Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
The federal government’s stake in banking-giant Citigroup presents a conflict of interest in General Motors’ pending initial public offering, the automaker said Thursday.
Continue reading GM Says Government’s S…
China’s SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM’s stakeh…
Officials from Chrysler Group unveiled a new midsized sedan at an event with some 1,800 dealers Tuesday in Florida as the struggling automaker continues to revamp its aging fleet of cars and trucks.
The new Chrysler 200 sedan, which replaces the slow…
Akerson, who assumed the post Sept. 1, will also receive a portion of his salary in the form of stock, totaling $5.3 million, which will be paid out over three years beginning September 2011.
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