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Stock Market & Financial Investment News

News Breaks
February 28, 2013
08:23 EDTGMGM to increase plug-in production by 20% this year, Bloomberg says
General Motors (GM) plans to build 1,500-3,000 Chevrolet Volts and other plug-in hybrids a month in 2013, or as many as 36K total, which would be up 20% from last year, reported Bloomberg, citing people familiar with the plans. Reference Link
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May 7, 2013
07:14 EDTGMGM recalling hybrid cars due to electrical problem, WSJ reports
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05:53 EDTGMGM staying in South Korea, seeks to resolve labor issues, Reuters reports
General Motors won't pull out of South Korea but will discuss labor problems with South Korean President Park Geun-hye, CEO Dan Akerson was quoted as saying by its Korean union, a move that could complicate already troubled relations with its local workforce, reports Reuters. .Reference Link
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