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    • GM CEO Akerson defends tenure as his exit nears

      In one of his final appearances as CEO, Akerson celebrated the exit last week of the US Treasury as a shareholder more than four years after the automaker's bankruptcy restructuring and USD 49.5 billion federal bailout. He also told reporters that the depressed European auto market is now 'starting to show life'.

    • GM ties up loose ends as reign of new CEO nears

      With product chief Mary Barra set to take over as CEO next month after Dan Akerson's retirement, the No. 1 U.S. automaker has been tending to financial matters that will allow her to focus on operational issues and on shoring up the money-losing European operations.

    • GM planning to build entry-level Corvette sports car

      General Motors Co is planning to build an entry-level Chevrolet Corvette that would cost less than USD 50,000 and widen the iconic sports car brand's appeal, people familiar with the plans said.

    • GM paid $11.1m to CEO Akerson in 2012

      General Motors Co gave Chief Executive Dan Akerson an USD 11.1 million pay package last year, a GM official familiar with the matter said on Wednesday.

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