3 result(s) displayed (1 - 3 of 3):

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

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

GE betting on battery maker A123Systems (from Corporate Dealmaker)

Billions of dollars are headed into the hybrid/electric car business and into the devices that will run them. General Electric Co. invested $30 million in A123Systems Inc., bringing its total investment to $55 million, or 9%, in the Watertown, Mass., lithium ion batter maker. A123 claims that unlike standard...

Posted on October 22, 2008 4:33 PM