4 result(s) displayed (1 - 4 of 4):

Leaked GM memo details organizational changes (from Corporate Dealmaker)

A memo detailing a plethora of organizational changes at General Motors Co., leaked to jalopnik.com, shows the once bankrupt company will focus on more global alliances. It names seven people, including current director of global business development Greg Hagy, that will "support the executive committee in long-term strategy development" and...

Posted on August 17, 2009 4:14 PM

New tech key for new GM (from Corporate Dealmaker)

News of General Motors Corp. exiting bankruptcy at a breakneck pace, creating a leaner greener company majority-owned by the U.S. government, flooded financial news outlets Friday morning. What got less press was a giant state-of-the-art research facility opening in Michigan.How will GM compete with rivals in the hybrid and electric...

Posted on July 10, 2009 9:47 AM

LG Chem spends $799M on batteries (from Corporate Dealmaker)

LG Chem Ltd., the South Korean chemicals giant that bankrupt General Motors Corp. chose to supply it with lithium-ion batteries for its Chevrolet Volt plug-in, will invest W1 trillion ($799 million) to build a battery plant near Seoul.The money in the electric car battery plant will be invested over...

Posted on June 10, 2009 10:04 AM

GM signs MOU for Hummer sale (from Corporate Dealmaker)

General Motors Corp. signed a preliminary agreement with an unnamed buyer to sell its Hummer brand, the symbol of gas guzzling excess that helped push it into bankruptcy. The automaker filed for Chapter 11 on Monday and received permission to sell some assets. GM says the deal is expected...

Posted on June 2, 2009 8:27 AM