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>> GENERAL MOTORS Latest News

MAR 21, 2015 - Forbes

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Despite GM's Retreat, Automakers Seem Ready To Stick It Out In Russia

General Motors Co.'s near-total pullout of the Russian car market stunned auto experts, who wonder whether the problem was Russia's or GM's. "It is an almost unprecedented decision for a major global automaker to abandon a major regional market in such a way, especially an automaker which was a leading player and selling over [...]

Tags: Despite GM's Retreat, Automakers Seem Ready To Stick It Out In Russia,  General Motors Latest News

MAR 19, 2015 - Russia Today

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?Global carmakers suspend supplying Russia on ruble slide

The biggest US vehicle maker General Motors and the fourth largest South Korean automaker SsangYong are to suspend deliveries to Russia, saying they are “changing the business model” in the country to adjust to the falling ruble.

Tags: ?Global carmakers suspend supplying Russia on ruble slide,  General Motors Latest News

MAR 18, 2015 - Cleveland Plain Dealer

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Stocks rebound sharply; Starbucks plans stock split; Adobe Systems shares fall: P.M. Business News Links

Also, European stocks finish higher; oil prices rebound on Federal Reserve news; Target extending return policy on some items; Federal Reserve removes promise to be patient on raising interest rates; General Motors pulling Opel brand in Russia; and Google's self-driving cars director wants vehicles standard within five years.

Tags: Stocks rebound sharply; Starbucks plans stock split; Adobe Systems shares fall: P.M. Business News Links,  General Motors Latest News

MAR 18, 2015 - BBC

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General Motors pulls Opel in Russia

US car giant General Motors is to pull its Opel brand out of Russia after plummeting sales, and significantly cut back Chevrolet production in the economically troubled country.

Tags: General Motors pulls Opel in Russia,  General Motors Latest News

MAR 18, 2015 - Financial Times

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General Motors to halt Opel drive into Russia

Brand to be withdrawn and St Petersburg factory closed as car group seeks to cut its losses

Tags: General Motors to halt Opel drive into Russia,  General Motors Latest News