Red hot auto sales under the U.S. government's
Red hot auto sales under the U.S. government's cash for clunkers incentive began to cool as dealer inventories tightened and showroom traffic showed signs of leveling off from its frantic pace of a week ago.
Red hot auto sales under the U.S. government's cash for clunkers incentive began to cool as dealer inventories tightened and showroom traffic showed signs of leveling off from its frantic pace of a week ago.
General Motors Co GM.UL has no intention of reopening the sale process for its European Opel operations and remains intent on reaching a deal with one of the two remaining bidders as quickly as possible.
The Chevrolet Volt, the electric car General Motors Co is counting on to revitalize its lineup, is on track to achieve an unprecedented fuel economy rating of 230 miles per gallon in city driving, GM said on Tuesday.
The Chevrolet Volt -- the electric vehicle General Motors Co [GM.UL] is counting on to recharge its image with consumers -- is on track to hit an unprecedented fuel economy rating of 230 miles per gallon in city driving, the automaker said on Tuesday.
(Corrects name in paragraph 7 to Krebs instead of Kreb)
German Chancellor Angela Merkel said on Tuesday that she was ready to intervene personally to support auto parts group Magna's bid for carmaker Opel.
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy new vehicles online, the companies said on Monday.
After General Motors said today its plug in electric car, the Chevy Volt, would have a range of 230 miles per gallon in city driving, interest grew about whether its price tag of around $40,000 will truly bring savings to consumers savings on a daily basis.
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Cuts=Productivity; Clinching a Big Insurer Deal, 230 miles per gallon
General Motors' Chevrolet Volt electric car has been given an official EPA rating of more than 230 miles per gallon of gasoline in city and a combined city-highway driving, the automakers Chief Executive Officer Fritz Henderson said on Tuesday.
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy new vehicles online, the companies said on Monday.
General Motors Co and eBay Inc are launching a test program in California that will allow consumers to negotiate with dealers and buy vehicles online, the companies said on Monday.
GMAC Inc on Monday said it will resume offering leases on select vehicles in most U.S. states, a year after curtailing the practice.
Chief executives of General Motors and autoparts maker Magna made some progress in Friday talks on the sale of GM's Opel unit, but key barriers remain, Opel's top labor leader and board member said on Saturday.
General Motors Co plans to sell shares in an initial public offering before the one-year anniversary next July of its exit from bankruptcy, the carmaker said in a regulatory filing on Friday.
Magna International Inc , one of the bidders vying to buy carmaker Opel from General Motors , reported a quarterly loss on Friday given a decline in global auto production.
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
U.S. employers cut 247,000 jobs in July, far less than expected and the least in any month since last August, according to a government report on Friday that provided the clearest evidence yet that the economy was turning around.
LG Chem Ltd will have the capacity to build battery cells that could support up to 250,000 electric vehicles in the United States when its first U.S. plant becomes fully operational in 2013, the chief of the U.S. unit said on Thursday.