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Dan Akerson

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  • WASHINGTON, Jan 31- The White House on Thursday disbanded President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to spur employment growth, even as 12 million Americans remain out of work. White House spokesman Jay Carney said the council was set up with a two-year lifespan that was now expiring.

  • Bentley GT Speed Convertible

    At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.

  • General Motors Co and Chrysler, which along with Ford Motor Co gave the Motor City its identity, survived near-death experiences after filing for bankruptcy during the financial crisis. Now, Detroit itself is edging closer to a similar precipice, only unlike the automakers, its chances of getting a federal bailout are almost nonexistent.

  • DETROIT, Jan 23- General Motors Co's North American president, Mark Reuss, was considered for the top job at the U.S. automaker in 2010 before his lack of seasoning led the board to the current chief executive, Dan Akerson, according to an excerpt from a forthcoming book by GM's former CEO, Ed Whitacre.

  • *GM sees product push driving Opel recovery. DETROIT, Jan 15- General Motors Co vowed to stick with a gradual approach to Opel restructuring despite mounting skepticism about its chances and signs of French pressure for a more transformative tie-up with PSA Peugeot Citroen.

  • DETROIT, Jan 15- General Motors Co said on Tuesday that it expects its operating profit to rise "modestly" this year with improved results anticipated in each region because of new vehicles and greater demand in the United States and China.

  • PARIS, Jan 15- French Finance Minister Pierre Moscovici said on Tuesday he would not confirm or deny reports that carmaker PSA Peugeot Citroen could buy alliance partner General Motors' troubled Opel unit in Europe.

  • Jan 14- General Motors CEO reiterated its Opel unit was not for sale, following a French media report that PSA Peugeot Citroen could take over the troubled European arm of the U.S. automaker. "Opel is not for sale," CEO Dan Akerson told reporters at the Detroit auto show. "

  • Jan 14- General Motors CEO reiterated its Opel unit was not for sale, following a French media report that PSA Peugeot Citroen could take over the troubled European arm of the U.S. automaker. "Opel is not for sale," CEO Dan Akerson told reporters at the Detroit auto show. "

  • PARIS/ DETROIT, Jan 11- The U.S. car market's rebound may be slowing- but it still looks like the best bet to many of the global industry's top brass as they converge on Detroit for the 2013 auto show.

  • *Boeing says overcharging can lead to battery fire. *Boeing designed 787 to prevent overcharging, contain fires. DETROIT/ NEW YORK, Jan 9- An electrical fire on Boeing's new 787 Dreamliner is drawing renewed scrutiny for lithium-ion batteries, an increasingly important component in planes and hybrid cars.

  • Jan 9- Boeing Co rolled out the Dreamliner's chief engineer to try to quell concerns about the new jet following three mishaps in as many days, including an electrical fire that caused severe damage to a plane.

  • Jan 9- Boeing Co rolled out the Dreamliner's chief engineer to try to quell concerns about the new jet following three mishaps in as many days, including an electrical fire that caused severe damage to a plane.

  • *No near-term catalysts for Canada to sell GM stake. BURLINGTON, Ontario, Dec 19- Political considerations are likely to keep Canada from following Washington's lead and selling its stake in General Motors Co, industry experts say, potentially until after the next general election, scheduled for 2015..

  • *Flaherty says GM stake will be sold eventually. BURLINGTON, Ontario, Dec 19- Canada has no immediate plans to sell its stake in General Motors Co, Finance Minister Jim Flaherty said on Wednesday following news the U.S. We are not interested in the long term in being shareholders in private corporations, "Flaherty told reporters in Burlington, Ontario.

  • Nov 28- General Motors Co and its Chinese joint-venture partners said on Wednesday they plan to build a $1 billion auto assembly plant in the city of Chongqing as the GM group bids to remain the leader in the world's largest auto market.

  • *GM wouldn't waste money if it planned Opel bankruptcy- CEO. FRANKFURT, Nov 15- General Motors will not sell its loss-making European unit Opel or ``simply close up shop and leave'' it, the U.S. carmaker's Chief Executive told more than 5,000 staff in Germany.

  • FRANKFURT, Nov 15- General Motors will neither sell its loss-making European unit Opel nor ``simply close up shop and leave'', Chief Executive Dan Akerson told more than 5,000 staff in the brand's headquarters in Ruesselsheim on Thursday. There's room for Chevrolet in Europe but Opel fulfills that role,'' he said in a copy of a speech.

  • FRANKFURT, Nov 15- General Motors will neither sell its loss-making European unit Opel nor ``simply close up shop and leave'', Chief Executive Dan Akerson told more than 5,000 staff in the brand's headquarters in Ruesselsheim on Thursday. There's room for Chevrolet in Europe but Opel fulfills that role,'' he said in a copy of a speech.

  • SAN FRANCISCO, Nov 14- General Motors Co aims by 2017 to buld up to 500,000 vehicles a year that include some form of electric power in the engine, including cars like the Chevrolet Volt plug-in hybrid, a top executive said on Wednesday.