Automaker's shares out-performing the Dow Jones Industrial Average this year
General Motors' independence from the U.S. government is progressing ahead of schedule as the U.S. Treasury is selling off 30 million of its shares this week just as the automaker gets reinstated to the Stand & Poors 500 Index.
Long-awaited pickup could provide big boost to GM's bottom line
While General Motors has recovered since its epic 2009 bankruptcy, and its passenger cars are better than they have ever been, the company remains dependent on sales of pickup trucks and SUVs for its profits.
Cheaper welds, inferior materials, scant safety features all lead to higher profits
The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of Brazil's new middle class. The shiny new Fords, Fiats, and Chevrolets tell the tale of an economy in full bloom that now boasts the fourth largest auto market in the world.
Lower losses in Europe and a new pickup truck improve outlook
General Motors' net income fell 14-percent in the first quarter, weighed down by losses in Europe and weaker earnings in North America. But its performance was better than many analysts expected, so shares were trading higher on Thursday.
Global sourcing of parts and vehicles makes it tough for consumers to "Buy American."
A new survey shows consumers view Ford as the "Most American" company in the United States. But it might not even be the most American car company, says an annual study, let alone the most American overall company.
Title cements company's comeback after Japan's crisis
Now it's official: Toyota is once again the world's top automaker.
Toyota Motor Corp. released its tally for global vehicle sales for last year Monday at a record 9.748 million vehicles - a bigger number than the estimate it gave last month of about 9.7 million vehicles.
The auto industry rescue is key to winning a critical battleground state
A new TV ad produced by the Romney-Ryan campaign, running in Ohio heading into the last week of the Presidential campaign, severely distorts the facts of the auto bailout in the hopes of swaying independent voters.
Consumers, especially those favoring Ford and General Motors vehicles, pulled back in July as an increasing amount of bad news about the economy, some driven by overblown election year politics, dampened enthusiasm for spending on big-ticket cars and trucks.
A would-be Corvette beater goes to auction after being owned by the Shah of Iran and found in war-torn Beirut
RM Auctions will sell the 1960 Plymouth XNR next month in Monterey, Calif. around the festivities of the annual Concourse d'Elegance, perhaps adding another adventure for the storied car with a fascinating history.
The concept car penned by legendary Chrysler designer Virgil Exner was meant to take on the likes of the Chevrolet Corvette. It's high performance six-cylinder engine could create 250 horsepower and had a top speed of 150 mph.
Former GM executive blasts criticsm of electric vehicle
The continued uninformed, childish and unfounded attacks on the Chevrolet Volt have finally riled up staunch conservative and retired automotive guru Bob Lutz, who took a bite out of Bill O'Reilly and the gang of neo-cons dead-set on bashing this range-extended hybrid into oblivion.
General Motors CEO Dan Akerson told San Francisco-area Chevrolet Volt owners that the automaker will continue to invest in and expand production of the extended-range plug-in vehicle, according to Green Car Reports.