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GM bosses discuss bankruptcy plan  Senior executives at General Motors are meeting to discuss proceedings for expected filing for bankruptcy protection GM ponders future as deal fails  General Motors' battle to avoid bankruptcy has suffered a blow as bondholders have rejected a key part of the carmaker's restructuring plan Chrysler 'to file for bankruptcy'  Chrysler is to enter bankruptcy protection after failing to persuade a number of hedge funds to write off its debts GM to cut total of 21,000 US jobs  General Motors is to phase out its Pontiac brand, as it aims to meet a 1 June deadline to revamp its business GM chairman to leave car maker
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Leaner GM emerges from bankruptcy  General Motors says it has emerged from bankruptcy protection after creating a 'new GM' made up of the carmaker's best assets GM enters bankruptcy protection
  GM recalls 220,000 cars over brake defect  General Motors has recalled more than 220,000 cars to correct a brake defect that could increase the risk of fire   GM recalls more cars over ignition  General Motors is recalling 3.16 million more cars in the US because of ignition switch problems, and will change or replace keys on the car...   GM accepts 'troubling' recall report  General Motors has accepted the findings of a 'brutally tough, deeply troubling' report into recalls of its Chevrolet Cobalt over ignition p... General Motors fined $35m over recall  Washington: The US government fines General Motors $35m for delays in recalling small cars with faulty ignition switches Ford announces new chief executive  Ford chief executive Alan Mulally is retiring in July and will be replaced by chief operating officer Mark Fields GM adds 824k cars to ongoing recall   General Motors is making an ongoing recall over defective ignition switches that have caused some engines to shut off and to disable airbags   GM names first-ever woman CEO  US car giant General Motors has promoted product development chief Mary Barra to the post of chief executive. She replaces Daniel Akerson Chrysler to recall 840,000 vehicles  US carmaker Chrysler has said that it will recall nearly 840,000 vehicles. 490,000 vehicles which may have a potentially faulty component for... Detroit defaults on some debts  The city's financial manager he set out a proposal to creditors that would see them take a drastic cut on the money they are owed GM unveils record profit for 2011 GM returns as top vehicle maker Ford recalls 1.2m pick-up trucks $74 million deal saves Saab. Netherlands GM plans to cut 10,000 Opel jobs  General Motors has confirmed that it plans to cut 10,000 jobs across its European car unit Opel General Motors cancels Opel sale


year 2014 Top ^

Sep.21
Jun.16
Jun.5
May.16
May.1
Mar.28


year 2013 Top ^

Dec.10
Jul.3
Jun.14


year 2012 Top ^

Feb.16
Jan.19


year 2011 Top ^

Aug.2


year 2010 Top ^

Jan.26


year 2009 Top ^

Nov.4
Nov.3
  GM has cancelled plans to sell a majority stake in its European car business Opel, including its UK brand Vauxhall
Jul.10
Jun.1
  New York: Car giant General Motors has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history
 General Motors had seen its losses widen following a steep fall in sales in recent years. US government expected to take a 60% stake in the company

May.31
May.27
Apr.30
Apr.27
Mar.29
  The chief executive of struggling General Motors - Rick Wagoner - has agreed to step down immediately at the request of the White House
Mar.9 Ford staff accept working changes Mar.5 'Substantial doubt' for GM future Feb.17   Chrysler and GM seek further aid  Troubled carmaker Chrysler has asked for another $5bn from the US government, saying it plans to axe 3,000 jobs and cut three car models Jan.29 Ford reports record yearly loss

year 2008 Top ^

Dec.11 US car bail-out fails in Senate
  U.S. Senate: A $14bn bail-out package for the beleaguered US car industry has died after failing to get enough support in a procedural vote
Nov.18 US car firms ask for $25bn aid
  U.S. Congress: The bosses of Ford, GM and Chrysler, have asked Congress for a $25bn bail-out and warned of broader risks to the US economy
 The United Auto Workers is willing to make key concessions to help the Detroit Three carmakers secure vital aid US House backs car industry plan White House cool on car bail-out US car bail-out fails in Senate


year 2007 Top ^

Feb.14   DaimlerChrysler cuts 13,000 jobs   Germany: The German-US group would close one Chrysler factory as it continues efforts to turn around the struggling US operation

year 2001 Top ^

Jan.29   DaimlerChrysler to cut 26,000 jobs  Company to idle 6 plants at money-losing North American unit



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Detroit defaults on some debts  The city's financial manager he set out a proposal to creditors that would see them take a drastic cut on the money they are owed Ford announces new chief executive  Ford chief executive Alan Mulally is retiring in July and will be replaced by chief operating officer Mark Fields   GM names first-ever woman CEO  US car giant General Motors has promoted product development chief Mary Barra to the post of chief executive. She replaces Daniel Akerson GM chairman to leave car maker




Detroit, Business Financial Timeline ... See World Financial timeline Top ^
2013
Jun.14




Detroit, Business Business Leaders Timeline ... See World Business Leaders timeline Top ^
2014
May.1
2013
Dec.10
2009
Mar.29
  The chief executive of struggling General Motors - Rick Wagoner - has agreed to step down immediately at the request of the White House




Detroit, Business Automobile Business Timeline ... See World Automobile Business timeline Top ^
2014 Sep.21   GM recalls 220,000 cars over brake defect  General Motors has recalled more than 220,000 cars to correct a brake defect that could increase the risk of fire Jun.16   GM recalls more cars over ignition  General Motors is recalling 3.16 million more cars in the US because of ignition switch problems, and will change or replace keys on the car... Jun.5   GM accepts 'troubling' recall report  General Motors has accepted the findings of a 'brutally tough, deeply troubling' report into recalls of its Chevrolet Cobalt over ignition p... May.16 General Motors fined $35m over recall  Washington: The US government fines General Motors $35m for delays in recalling small cars with faulty ignition switches Mar.28 GM adds 824k cars to ongoing recall   General Motors is making an ongoing recall over defective ignition switches that have caused some engines to shut off and to disable airbags 2012 Feb.16 GM unveils record profit for 2011 Jan.19 GM returns as top vehicle maker 2011 Aug.2 Ford recalls 1.2m pick-up trucks 2010 Jan.26 $74 million deal saves Saab. Netherlands 2009 Nov.3 General Motors cancels Opel sale
  GM has cancelled plans to sell a majority stake in its European car business Opel, including its UK brand Vauxhall
Mar.9 Ford staff accept working changes Mar.5 'Substantial doubt' for GM future Feb.17 Chrysler and GM seek further aid  Troubled carmaker Chrysler has asked for another $5bn from the US government, saying it plans to axe 3,000 jobs and cut three car models Jan.29 Ford reports record yearly loss 2008 Dec.11 US car bail-out fails in Senate
  U.S. Senate: A $14bn bail-out package for the beleaguered US car industry has died after failing to get enough support in a procedural vote
Nov.18 US car firms ask for $25bn aid
  U.S. Congress: The bosses of Ford, GM and Chrysler, have asked Congress for a $25bn bail-out and warned of broader risks to the US economy
 The United Auto Workers is willing to make key concessions to help the Detroit Three carmakers secure vital aid US House backs car industry plan White House cool on car bail-out US car bail-out fails in Senate




Detroit, Business Recall Timeline ... See World Recall timeline Top ^
2013 Jul.3 Chrysler to recall 840,000 vehicles  US carmaker Chrysler has said that it will recall nearly 840,000 vehicles. 490,000 vehicles which may have a potentially faulty component for...



Detroit, Business Job Cut Timeline ... See World Job Cut timeline Top ^
2009 Nov.4 GM plans to cut 10,000 Opel jobs
  General Motors has confirmed that it plans to cut 10,000 jobs across its European car unit Opel Apr.27 GM to cut total of 21,000 US jobs  General Motors is to phase out its Pontiac brand, as it aims to meet a 1 June deadline to revamp its business 2007 Feb.14 DaimlerChrysler cuts 13,000 jobs   Germany: The German-US group would close one Chrysler factory as it continues efforts to turn around the struggling US operation 2001 Jan.29 DaimlerChrysler to cut 26,000 jobs  Company to idle 6 plants at money-losing North American unit



Detroit, Business Bankruptcy Timeline ... See World Bankruptcy timeline Top ^
2009 Jul.10 Leaner GM emerges from bankruptcy  General Motors says it has emerged from bankruptcy protection after creating a 'new GM' made up of the carmaker's best assets Jun.1 GM enters bankruptcy protection
  New York: Car giant General Motors has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history
 General Motors had seen its losses widen following a steep fall in sales in recent years. US government expected to take a 60% stake in the company
May.31 GM bosses discuss bankruptcy plan   Senior executives at General Motors are meeting to discuss proceedings for expected filing for bankruptcy protection May.27 GM ponders future as deal fails  General Motors' battle to avoid bankruptcy has suffered a blow as bondholders have rejected a key part of the carmaker's restructuring plan Apr.30 Chrysler 'to file for bankruptcy'  Chrysler is to enter bankruptcy protection after failing to persuade a number of hedge funds to write off its debts