General Motors Co and Ford Motor Co both reported weaker-than-expected U.S. sales gains in June as they again dialed back deals for car buyers despite the shaky economy.
Ford Motor Company posted strong sales results for June, up 10 percent from the same month one year ago. General Motors also showed a June sales increase, but its numbers were below analyst expectations.
General Motors Co on Friday reported a weaker-than-expected gain in June U.S. sales and tempered its full-year forecast for the industry as some consumers were still holding back on buying cars.
General Motors sales increased more than 10 percent in June, but the results reported today are lower than analyst expectations.
General Motors Co announced two separate recalls on Friday affecting a little more than 10,000 pickup trucks, predominantly in North America.
General Motors has unveiled the new design for the 2012 Transformers 3: Dark of the Moon Special Edition Chevrolet Camaro muscle car to imitate the movie’s version of the autobot, Bumblebee.
An analyst says the U.S. government should not yet sell its shares in General Motors. The government wants out for political reasons.
The top pre-market NASDAQ Stock Market gainers are: Westport Innovations, ICAgen, SIGA Technologies, Spreadtrum Communications, and OmniVision Technologies. The top pre-market NASDAQ Stock Market losers are: Swisher Hygiene, JA Solar Holdings, Logitech International, ASML Holding, and Aixtron.
General Motors India showcased the electric version of its small car, 'Beat', as part of a global demonstration of the technology.
Ford's $1 billion investment in Lincoln is a direct attack on Toyota's luxury Lexus brand
J.D. Power and Associates forecast that June U.S. auto sales will rise 8 percent from a year ago and 2.6 percent from last month, in line with statements earlier this week from General Motors Co and Ford Motor Co executives.
Union official says they'll push the Swedish automaker into bankruptcy if necessary if unpaid wages are not honored
The Treasury has a clear path to selling its remaining stake in General Motors Co shares, a senior Obama administration official is expected to say on Wednesday.
American carmaker General Motors plans to invest $32 million in its Spring Hill plant and $33 million in Tonawanda Powertrain plant that will help together create or retain 163 jobs in the United States.
Just pages into his book, Damon Vickers gets going at warp speed, declaring that the United States is not a going concern.
General Motors Co said on Friday it would invest $65 million in existing engine plants in New York and Tennessee.
General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.
General Motors Chief Executive Daniel Akerson assured the CEO of Opel that the U.S. carmaker was not in talks to sell the European arm to a rival, a German newspaper reported.
General Motors will invest $47 million in its Defiance Powertrain plant Ohio to purchase tooling and equipment to increase volume of components for the fuel-efficient Ecotec 1.4L engine.
General Motors Ventures LLC will invest $6 million in zero-emission commercial transit bus maker Proterra, the company said in a statement on Monday.
MTV Skins, the racy teen series, will not be aired anymore. The network pulled the plug on the racy teen series just shy of a second season, MTV confirmed on Thursday.
General Motors is considering putting Opel up for sale again as management loses confidence its European arm will return to profitability, two German magazines reported.
