General Motors Co on Tuesday posted a nearly 12 percent gain in U.S. February sales, boosted by a doubling in sales to fleet operators and relatively strong demand for newer crossovers like the Chevy Equinox.
Carmakers are bracing for lower sales in Europe this year as incentive programs end, while elsewhere companies are seeing opportunities in their competitors' product recalls.
General Motors has tripled its funding of European arm Opel and cut its request for state aid in a bid to win over European governments and labor.
General Motors Co is recalling 1.3 million compact cars in North America to address a power steering problem that has been linked to 14 crashes and one injury, the company said on Tuesday.
General Motors will discuss making further investments at its European unit Opel, a person familiar with the matter said on Monday.
General Motors has approached previous bidders for its Hummer unit after a deal to sell the brand to an obscure Chinese firm collapsed.
General Motors has approached previous potential bidders for its Hummer unit after a deal to sell the brand to an obscure Chinese firm collapsed.
General Motors Co is considering two offers for its Hummer brand after plans to sell it to China's Sichuan Tengzhong Heavy Industrial Machinery failed
Auto finance company GMAC has largely been stabilized, but an initial public stock offering that will reduce the taxpayers' stake is probably at least a year away.
General Motors Co will wind down its iconic but tarnished Hummer brand after Chinese regulators rejected a $150 million bid by an obscure Chinese machinery maker to buy the money-losing SUV line.
ral Motors Co will wind down its Hummer SUV line after failing to complete a deal to sell the brand to China's Sichuan Tengzhong Heavy Industrial Machinery, the automaker said on Wednesday.
China's Tengzhong could use an offshore vehicle to buy General Motors' Hummer brand if it fails to win Chinese regulatory approval.
China's Tengzhong could use an offshore vehicle to buy General Motors' Hummer brand if it fails to win Chinese regulatory approval for the ambitious but controversial plan that has met with cooling government appetite.
General Motors Co [GM.UL] said on Monday that Stephen Girsky, special adviser to Chief Executive Ed Whitacre, has been appointed vice chairman in charge of corporate strategy and business development.
General Motors should raise its share of the reorganization costs for its European arm Opel in order to get state aid from Germany, Handelsblatt newspaper reported on Monday, citing German government sources.
A German government advisory panel has raised doubts about whether General Motors' reorganization plan for European arm Opel deserves crucial state aid.
General Motors Co's growing output of vehicles capable of running on ethanol-gasoline blends won't help cut polluting emissions or U.S. dependence on foreign oil until a slim network of stations dispensing ethanol is greatly expanded, GM Vice Chairman Tom Stevens said.
Foreign automakers enjoying success in China may be gearing up to take on local players in the high-volume but competitive low-end market, following General Motors' recent roll-out of a model priced as low $8,300.
Shareholders in Spyker have approved the $74 million purchase of Swedish automaker Saab from General Motors, Chief Executive Victor Muller said on Friday.
Dutch sports car maker Spyker Cars on Monday said it has secured the financing to close its purchase of the Swedish auto brand Saab from General Motors, but still has not secured the funds for a required subsequent payment.
Once Li Shufu, head of China's Zhejiang Geely Holding Group, closes the deal to buy Ford Motor's Volvo unit for up to $2 billion, the sedate, safety-conscious Swedish brand may be in the running to replace the Audi A6 as Chinese state officials' car of choice.
Ford Motor Co posted a 24 percent increase in U.S. sales for January and outsold Toyota Motor Corp as the Japanese automaker was sent reeling by a massive recall of some of its top-selling vehicles.