SEC

0-60 time is the gold standard in automotive performance. It's the first thing an enthusiast looks at when presented with a car's stats, and typically trumps all others. Top speed is all but completely irrelevant in most cases, while the quarter mile is only valued in drag-racing circles. Attempts ...

The accountants over at Ford have cleaned off their desks looking for every available financial number between 2001 and 2005 and discovered the company had actually made more money than it originally reported to the Securities and Exchange Commission (SEC). In fact, the $5.8 billion net loss the ...

We don't want to bore you with all the financial details, so here's the short and (not-so) sweet of it.Capital Research and Management Co. is the second-largest shareholder of General Motors. At the end of June, they held over 60 million shares of the General's stock, or almost 11-percent. ...

Despite the fact that Wall Street is giddy about General Motor's performance in the second quarter of 2006, the automaker still lost $3.2B due mostly to write-downs associated with employee buyouts. Or, rather, make that $3.4B, according to a filing with the Security and Exchange commission. The ...

Presumably, the fact that "target letters" have been sent to seven ex-Delphi executives by the Securities and Exchange Commission is not a welcome sign for those on the receiving end of that particular communiqué. It's likely that the letters are a step towards civil ...

General Motors has revised its first quarter earnings statement to show a profit of $445 million, rather than the $323 million reported earlier this month. GM says the change is based on conversations the company had with SEC regulators regarding whether or not it could write off the settlement ...

Ford’s shareholders are to reportedly consider changing the company’s equal employment policy language to exclude any mention of sexual orientation. The move is expected after the U.S. Securities and Exchange Commission (SEC) rejected the automaker’s bid to keep the matter from ...

With the Securities and Exchange Commission a bit curious about some of General Motors' accounting practices as it relates to the automaker's price concessions negotiated with suppliers, Lear now finds itself on the receiving end of a subpoena of its financial records. Lear 'fessed up to its ...