GENERAL MOTORS

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Carmaker Tesla's stock zooms 40 percent on first day

Electric carmaker Tesla Motors Corp's initial public offering zoomed ahead on Tuesday with shares rallying more than 40 percent as investors bet that electric cars would define the future of transportation.

GM trumpets its turnaround to investors

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General Motors has revamped the way it operates, with sharply lower costs, stronger brands and gains in key emerging markets like China, Chief Executive Ed Whitacre said in a pitch for the company's planned IPO.

Pre-IPO GM pitches gains in turnaround

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General Motors , in the year since emerging from bankruptcy, has revamped the way it operates, with sharply lower costs, stronger brands and gains in key emerging markets like China, Chief Executive Ed Whitacre told potential investors on Tuesday.
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GM bans use of Chevy brand name internally

General Motors Co has banned the use of the popular Chevy nickname for its flagship Chevrolet brand internally but would more than welcome if a customer calls his or her car Chevy.
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GM recalls 1.5 million vehicles on fire risk

General Motors Co on Tuesday announced a recall of about 1.5 million trucks, crossovers and cars from model years 2006-2009 because the unit that heats the windshield washer fluid could catch fire.
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GM and Chrysler real chance for growth: Obama adviser

General Motors and Chrysler are reasonably positioned for growth after U.S. intervention saved the companies last year, and government support for the auto sector will begin to be pulled back, the manufacturing adviser to the president said on Thursday.
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Auto sales tick higher but caution lingers

Ford Motor Co and General Motors Co posted double-digit sales gains for May that outpaced growth for Toyota Motor Corp as U.S. auto sales rose 19 percent from the depressed levels of a year earlier.
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Treasury hires Lazard for GM IPO

The U.S. Treasury Department has hired Lazard Ltd to advise the government on an initial public offering of General Motors Co, a source familiar with the matter said on Friday.
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GM posts profit as production snaps back

General Motors Co posted a first-quarter profit as demand steadied in the United States and sales boomed in China, a turnaround the automaker said could put it on track for its first full-year profit since 2004.
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GM posts first-quarter profit

General Motors Co posted a first-quarter profit on Monday and said it is making progress toward a turnaround expected to put it on track toward its first full-year profit since 2004.
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U.S. to hire adviser for GM IPO: report

The Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.
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Treasury to hire adviser for GM IPO: report

The U.S. Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.
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Chrysler watching GM financing moves closely

Chrysler Group LLC would need time to find a permanent and stable replacement for providing auto loans if it loses access to bank financing it shares with General Motors Co, Chrysler Chief Executive Sergio Marchionne said on Thursday.
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Ford's task -- convince investors that peak not past

Ford Motor Co executives at the annual meeting Thursday in Wilmington, Delaware, will have to make the case that the No. 2 U.S. automaker can outperform rivals in a recovering U.S. market as it did during the crushing downturn in auto sales that began in 2008.

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