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SEOUL (Reuters) - South Korea's finance minister said on Wednesday the country will limit General Motors' right to sell shares and assets in its South Korean unit so that the U.S. automaker is kept from leaving the nation for at least 10 years......»»

CARACAS/VALENCIA (Reuters) - Venezuelan President Nicolas Maduro blasted U.S.-based cereal maker Kellogg Co on Tuesday for pulling out of the country due to the economic crisis and vowed to hand over the company's factory to workers......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

General Motors’ profit fell 4.5% in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly air bag recall. Buyers bought more expensive trucks and SUVs and loade.....»»

Lucid Motors is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle manufacturing facility in the country, the fund’s Governor Yasir Al-Rumayyan told the Financial Times. read more.....»»

General Motors Co's South Korean unit plans to sharply cut output this month at a factory producing its new Trailblazer sport-utility vehicle (SUV), as the coronavirus outbreak weighs on its U.S. exports and also disrupts parts supplies......»»

The manager of the General Motors engine plant in Tonawanda is retiring and will be replaced by a longtime company employee from just across the border who also happens to be a Buffalo Bills' fan. GM confirmed that Ram Ramanujam is leaving as head .....»»

Precision Valve joins General Motors, Ford and Tesla's Elon Musk as manufacturers around the country search for ways to help the United States treat patients and get the coronavirus under control......»»

General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production plants in the country, a government official said on Wednesday......»»

General Motors said on Monday it would restart production in from Feb. 15 in China, where the country is dealing with a coronavirus epidemic which has killed more than 900 people......»»

Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters......»»

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday......»»

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, the No.1 U.S. automaker said in a statement on Monday......»»

General Motors Co confirmed on Monday it agreed to loan $40 million to an electric vehicle start-up to facilitate the acquisition of its shuttered Lordstown Assembly plant in Ohio......»»

Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM's presence in car assembling in the country......»»

General Motors Company (NYSE: GM) could form a joint venture with South Korean chemical company LG Chem Ltd. 0 read more.....»»

At first glance, it may seem like a paradox: Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in C.....»»

At first glance, it may seem like a paradox: Even as the economy rides a 10-year winning streak, tens of thousands of workers across the country, from General Motors employees to teachers in C.....»»

Factory level union officials will meet to decide if they'll approve the deal (DETROIT) — A tentative four year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signin.....»»

Jaymi Jendon assembles parts at a General Motors Co. engine plant in Romulus, Michigan......»»