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General Motors Chairman and CEO Dan Akerson speaks to the media after a June 2013 GM shareholders meeting in Detroit.
The Treasury Department sold its final shares of the Detroit auto giant on Monday, recovering $39 billion of the $49.5 billion it spent to save the dying automaker at the height of the financial crisis five years ago.
The U.S. government sold its last shares of General Motors Co on Monday, leaving taxpayers saddled with a total shortfall of about $10 billion on the automaker's 2009 bailout.
Alicia Boler-Davis, GM's senior vice president for global customer experience and product quality.
The Center for Automotive Research study - called " The Effect on the U.S. Economy of the Successful Restructuring of General Motors" - found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010.
There's no American family name more associated with the automobile than Ford, In a wide-ranging interview, Bill Ford - Henry's great-grandson and executive chairman of Ford Motor Company - says car companies need to be more like tech companies.
Fiat SpA plans to invest as much as 9 billion euros on new models to end European losses in three years and revive nearly empty Italian factories, two people familiar with the matter said.
Global automotive companies, having discovered the power of films, vie to have their vehicles appear in Hollywood movies or TV shows.
Many jealous wives or girlfriends often make their partners choose between them and the object of their jealousy, whether it's another person or a thing.
Auto major Tata Motors plans to hike prices of its passenger vehicles by about 1 per cent from next month.
Mustangs, government bailout, Detroit bankruptcy and anti-union sentiment were squeezed into a tongue-in-cheek interview with Ford CEO Alan Mulally who was a guest Thursday night on the Colbert Report.
SAE Foundation announced today that it will honor Mary T. Barra with its Industry Leadership Award at the 2013 SAE Foundation Celebration Dinner.
Connie Champagne and Katya Smirnoff-Skyy and both beloved icons on the local cabaret scene.
Ford Motor CEO Alan Mulally has been topping lists as the most desirable candidate to take the reins from Steve Ballmer at Microsoft, but the odds are going down on the 68-year-old executive leaving the automaker.
Charlotte, Michigan-based Spartan Chassis Inc., a subsidiary of Spartan Motors, Inc. displayed its K3 and Mountain Master GT chassis along with several innovations during the Recreation Vehicle Industry Association's 51st Annual National RV Trade Show in Louisville, Kentucky, December 3-5.
CITY POLICE NEWS RELEASES *************************** On the 6th December 2013, police were called to the area of Dacey Rd. regarding a domestic dispute.