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General Motors Co

Chrysler freezes pension plan for 8,000 employees
Chrysler Group LLC said Friday that it is freezing the pensions of roughly 8,000 U.S. salaried employees at the end of the year. The U.S.
GM's Opel unit to start building cars in Belarus
General Motors Co.'s European Opel unit says it will start assembling cars for Russia and other eastern markets in Belarus next year.
US investigates Honda minivans for air bag trouble
U.S. safety regulators have added about 320,000 older model Honda Odyssey minivans to a widening probe of faulty air bags that affects at least three ...
US Treasury sets price for GM stock shares
The U.S. Treasury Department on Thursday set a price of $34.41 per share for the sale of 30 million shares of General Motors stock. Treasury said the ...
GM CEO says dividend, share buyback possible
General Motors CEO Dan Akerson says the company's finances are sound enough to consider paying a dividend or even buying more of its stock from the U.
Treasury to sell 30 million shares of GM stock
The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering on Thursday as it speeds up efforts to divest ...
Futures sink in light trading; all eyes on jobs
Stock futures fell in light trading volume Wednesday as a private payroll company provided what may be a hint as to what to expect when the Labor ...
US safety agency may expand GM air bag recall
U.S. safety regulators are checking to see if up to 400,000 General Motors cars should be added to two recalls for defective air bags. The probe ...
US auto sales roar back in May, led by pickups
Full-size pickups once again dominated U.S. auto sales in May, as small businesses — increasingly confident in the economy — raced to replace the ...
GM unveils reworked Chevy Malibu
General Motors is hoping that a hurry-up makeover of the Chevrolet Malibu will move it from also-ran to a top performer in the key midsize car segment
Cheap leases offered to spur electric car sales
Auto companies are hoping lower lease prices can put a charge into sluggish electric car sales. Honda announced Thursday that it's slashing the ...
Trailblazing Israeli electric car company to close
It was an audacious idea that came to symbolize Israel's self-described status as "Start-Up Nation," a company that believed it could replace most ...
Ford to end auto production in Australia in 2016
Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs ...
US auto factories cutting back on summer downtime
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' ...
Ex-Saab executives arrested on accounting charges
A Swedish prosecutor says three former executives of automaker Saab Automobile AB have been arrested on accounting fraud charges. Prosecutor Olof ...
GM stock rises above $33 for first time in 2 years
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more ...
US factory output falls 0.4 percent in April
U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other ...
GM's supercomputers will keep recalls in check
General Motors Co. says a new supercomputing data center and a fledgling shift to bring software development in-house should help it limit the size ...
AP IMPACT: Cars made in Brazil are deadly
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 ...
China's April auto sales rise 13 percent
China's auto sales rose 13 percent in April despite concern about a weak economic recovery and Japanese brands suffered less severe declines, an ...
Toyota profit more than doubles on yen, cost cuts
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add ...
GM says China approves new Cadillac factory
General Motors Co. said Wednesday its main Chinese joint venture has received government approval to build a Cadillac factory as part of GM's efforts ...
China's struggling automakers jump on SUV boom
BYD is known for electric cars but this year's flagship model is the S7, a gasoline-powered SUV. It comes with an interior air purifier, radar to help ...
Wal-Mart Stores takes back top spot in Fortune 500
Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in ...
GM recalls 38,197 cars for battery control defect
General Motors Co. is recalling 38,197 Chevrolet Malibu Eco, Buick LaCrosse and Buick Regal sedans in the U.S. because a defective battery control ...