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Rick Wagoner

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Rick Wagoner steps down as GM CEO

General Motors' Rick Wagoner on Monday said he has stepped aside as the chief executive officer of the company after US White House officials asked him to leave the ailing auto maker. "On Friday I......

CEOs sacked left and right in US

The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once......

US bank bosses could be fired

US Treasury Secretary Timothy Geithner has said he would not rule out the option of forcing out chief executives of banks which have received taxpayers' money but are not performing well. Geithner......

India to be 2nd-fastest growing car market: GM

General Motors, the world's biggest carmaker, wants to consolidate its presence in India as it expects the country will emerge as the second-fastest growing automobile market globally in the next......

General Motors may dump staff, close plants

Slammed by a deep decline in auto sales, General Motors is expected to announce cutting of thousands of salaried jobs and closing of additional plants, a media report said on Tuesday. GM Chairman......

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