General Motors Co said on Tuesday it will invest $100 million in a New York parts plant that the company and union officials say was kept from closing because workers there agreed to second-tier wage levels designed to keep U.S. automakers competitive.
Amazon has dropped the price of its popular e-book reader by $25 to $114, a signal that the company is moving towards a $99 version.
General Motors Co said on Friday that its U.S. sales rose 11.4 percent in March as higher gasoline prices drove demand for smaller, more fuel-efficient vehicles.
General Motors Co U.S. sales in March came in below expectations on Friday as the automaker eased off the generous incentives it offered car buyers over the first two months of the year.
Ally Financial has filed to offer shares to the public in a first step for the U.S. government to sell down its majority stake in the former General Motors credit arm.
United Auto Workers membership rose for the first time in six years in 2010, helped by a recovering U.S. auto industry and expanding to include workers outside that industry, the UAW said in a federal filing on Thursday.
General Motors Financial Co. Inc., a unit of automaker General Motors Co. (NYSE:GM), said it agreed to acquire FinanciaLinx Corp. to expand its product offerings in Canada.
General Motors Co said on Wednesday its Chevrolet Cruze small car was on track to exceed 50,000 U.S. sales in the first quarter, aided by demand in markets usually dominated by imports.
Fisker, the hybrid-car start-up aiming to market a four-door, four-passenger luxury plug-in hybrid, Karma, has finally started production.
The United Auto Workers will seek a commitment from General Motors Co to build new products at two idled plants in Tennessee and Wisconsin in upcoming contract negotiations, a top union official said.
General Motors Co and Chrysler Group LLC have sued Allied Systems Holding Inc , accusing the auto hauler of holding hostage more than 2,400 new cars and trucks.
General Motors Co sold its preferred shares in auto lender Ally Financial Inc for $1 billion in what the automaker on Tuesday called a step to strengthen its balance sheet.
Japan automakers in the first two weeks after the March 11 earthquake and tsunami will lose about 65 percent in light vehicle production, industry consultant IHS Automotive Insight said Monday in a report.
General Motors Co has suspended all nonessential spending and global travel while the automaker assesses the impact of the crisis in Japan on the company, a GM spokesman said on Saturday.
General Motors Co will only learn the impact of Japan's earthquake and nuclear crisis on its supply chain within a week or two, Chief Executive Daniel Akerson said on Friday, as shortages of components and other supplies deepen.
General Motors Co said it would temporarily idle its pick-up truck plant in Louisiana due to a parts shortage stemming from the crisis in Japan.
General Motors' (NYSE: GM) chief financial officer chief is quitting, reportedly after he was passed over for the CEO job.
General Motors is recalling 10,179 of its 2011 Buick LaCrosse sedans and Cadillac SRX crossovers because a software glitch could cause the defrosters to stop working.
Corrects closing share price and day of the week, paragraph 2
A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
U.S. auto sales rose more than 20 percent in February as the lure of discounts from automakers led by General Motors Co (NYSE: GM) outweighed concerns about higher oil prices.