General Motors News

Its TV and print ads poke fun at the bait-and-switch tactics of other banks. Its interest rates on CDs have been the most generous in the industry.

The European chief of General Motors , Carl-Peter Forster, may switch to Indian car manufacturer Tata, German media reported Saturday.

General Motors abruptly ended negotiations on the sale of its European unit, Opel, to a consortium of Magna and Sberbank, scuttling a deal that the Russian government hoped would help rescue its auto industry and further integrate its economy with the West.

U.S. car sales were pretty weak throughout 2008, but it wasn't until October of that year that bottom truly fell out .

A former General Motors Corp. executive who was a fugitive abroad for more than a year returned to the United States yesterday and pleaded guilty today to federal charges relating to a kickback and fraud scheme involving GM's sale of bulk aluminum to third parties.

At the new GM, the buck now stops with the board. The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job.

Terry Kline likes Windows 7, the iPhone, a PC on a USB drive and cloud computing services.

DETROIT: Ford has been riding a wave of positive public sentiment since it avoided bankruptcy and did not take federal bailout money - unlike General Motors and Chrysler.

Adam Opel GmbH , the German carmaker being sold by General Motors Co. , won a commitment from labor leaders to reduce expenses by 265 million euros , helping pave the way for a purchase by Magna International Inc.

Union members have rejected a deal to grant Ford Motor Co. concessions awarded to rivals General Motors and Chrysler, the United Auto Workers said on Nov.

U.S. vehicle sales for October edged higher compared with a year ago for many carmakers, including Nashville-based Nissan North America, helping the industry rebound from a sharp drop in demand after the so-called Cash for Clunkers program ended.

The Troy, Mich., auto parts supplier has also tapped General Motors executive Gary Cowger for a seat.

One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two years.

General Motors released a batch of new images of the Chevrolet Corvette Stingray Concept.

October's new vehicle sales were set to be announced on Tuesday amid expectations of an increase from September's levels, which were hurt by a Cash for Clunkers hangover.

November 2, 2009 - Edmunds.com , the premier online resource for automotive information, has prepared the following materials to support journalists covering this week's announcements from the country's biggest automakers.

Ford reported net income of nearly US$1-billion in its latest quarter on Monday, including its first pretax profit in North America in four years.

In its bid to win a bailout from the American government, General Motors announced plans to slash the number of brands it brings to market.

This Nov. 2, 2005 file photo shows General Motors headquarters in Detroit. General Motors Co.

A performance Mustangs is displayed on a raiser in the lot of a Ford dealership in Wexford, Pa.