The number of U.S. companies filing for bankruptcy has plunged and financing is easier to get, but restructuring experts see plenty of trouble ahead in corporate America.
Will MTV's controversial teen-age based drama Skins be taken off air amid advertiser and ratings woes as well as ire from media watchdog group?
Automobile major General Motors Thursday said that it plans to bring iconic budget friendly sports car Camaro to India.
General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles on its own.
General Motors Co has withdrawn its application for $14 billion in subsidized loans from the U.S. Department of Energy, saying it has the financial strength to fund investment in more fuel-efficient and electric vehicles on its own.
The U.S. Treasury could sell all of its stock in General Motors Co. within the next year, the Wall Street Journal reports, citing an unidentified Treasury official.
It is realistic that the U.S. Treasury will sell all of its General Motors Co stock within a year, the Wall Street Journal reported on Wednesday, citing an unnamed Treasury official.
Americans' trust in institutions of all kinds dropped last year as persistently high unemployment sapped people's confidence in business and government, a newly released study found.
Toyota has issued a recall of 1.7 million cars, its largest ever, mainly in its Lexus brand
President Barack Obama will deliver his State of the Union address for 2011 tonight at 9 pm ET in the chamber of the United States House of Representatives. The president is expected to focus on 'competitiveness', and high energy costs are routinely a concern of U.S. businesses and consumers. Healthcare, taxes and the deficit tend to loom larger.
General Motors plans to add 750 jobs at its Flint Assembly, Michigan to produce Chevrolet Silverado and GMC Sierra heavy-duty pickups.
Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.
General Motors Co. (NYSE: GM) said it sold more vehicles in China than it did in the U.S. in 2010, making it the first time in the automaker’s 102-year history that sales in a foreign country surpassed domestic sales.
Coda Automotive Inc., an electric car company based in Santa Monica, California, has named industry veteran and former executive of GM China, Phil Murtaugh, as its new CEO.
Toyota Motor Corp <7203.T> kept its spot at the top of the global sales ranking in 2010, outselling General Motors Co by less than 30,000 units as the U.S. rival achieved faster growth in the world's two biggest markets.
Auto industry executives are expected to see a rise in investment in new powertrain technology, new plants, alternative fuel technologies and high growth markets, merger and acquisition activity over the next five years, according to the 12th annual global automotive survey conducted by KPMG LLP.
Executives at MTV say they will tweak the controversial show Skins
General Motors will invest $540 million to build fuel-efficient engines at its plant in central Mexico.
The future of the United Auto Workers likely depends on whether it can unionize factories in the United States run mainly by Asian carmakers, the group's president said on Sunday.
Australia's University of New South Wales has broken the Guinness land speed record for a solar-powered car - about 55 miles per hour.
The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report issued on Thursday.
The Chinese government is said to be looking to prepare at least 10 million car parking spots for electric vehicles by 2020 in a new comprehensive policy due to be announced soon, a top executive at a local automaker said on Thursday.
