GENERAL MOTORS

General Motors Corp. reduced its vehicle sales forecast on 2009 Thursday citing ongoing uncertainty of global market conditions.

Rick Wagoner, CEO of General Motors Corp, said Sunday that the company may seek further loans from the U.S. government at the North American International Auto Show in Detroit.

Chrysler LLC on Friday received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival General Motors Corp.

Republican John McCain told Ohio autoworkers on Friday he supports free-trade agreements while many of them say cost American jobs in a time of economy slow down.

Amid soaring crude oil prices and weak demand, General Motors, Toyota, Ford, and Chrysler reported declining sales in May but Honda sales jumped.

General Motors Corp. said Tuesday it would close four North American plants, amid a steep drop in U.S. sales of pickup trucks and sport-utility vehicles as fuel prices continue to soar, increasing investment in smaller cars and passenger vehicles.

General Motors Corp. is expected to unveil steps on Tuesday to conserve cash and cut production of slower-selling models but is not likely to cut its dividend as part of its overall restructuring effort, the Wall Street Journal reported in its online edition late Monday, citing people familiar with the company's plan.

General Motors Corp. shares fell almost 5 percent on Friday after the automaker said the three-month strike by the United Auto Workers at American Axle & Manufacturing Holdings AXL is expected to cost $1.8 billion after leaving production.

As oil prices surge, a new risk looms for Detroit: the future may be slipping out of its control.

Workers at General Motors Corp. ratified a new local contract with the company on Friday afternoon ending a strike in one important factory producer of popular crossover vehicles.

General Motors Inc, said on Thursday it gave $200 million to parts supplier American Axle Manufacturing Holdings Inc to help it settle a 10-week strike by union workers.

Ford Motor Co. and the Canadian Auto Workers ratified a three-year labor contract that their union plans to use as a pattern for negotiations with General Motors Corp. and Chrysler LLC.

General Motors Corp. and Ford Motor Co., the two leading U.S. automakers said sales in April fell 16 percent and 12 percent respectively as high gasoline prices lower demand for trucks.

General Motors Corp., the world's biggest automaker, reported a net loss of $3.25 billion in the first quarter as its North American division continues to struggle. The results beat Wall Street expectations of a bigger loss, sending the company's stock up more than 8 percent in early trading.

General Motors Corp., citing rising gas prices and a slowing economy, said on Monday it will cut back its production of large trucks and sport-utility vehicles at several plants, resulting in about 3,500 hourly employee job cuts.

Toyota Motor Corp., which came very close to beating rival General Motors last year for total car sales, took the lead from its American counterpart during the first 3 months of 2008.

United Auto Workers walked off the job at General Motors Corp.'s Delta Township plant at 10 a.m. on Thursday after a deadline passed with no deal on a local contract.Around 2,300 union employ...

A U.S. bankruptcy judge on Friday said Delphi Corp can proceed with an exit financing deal

General Motors Corp will offer buyouts or early retirements to all 74,000 U.S. hourly workers represented by the United Auto Workers in a sweeping deal with the union intended to clear the way for GM to hire lower-cost replacements.

Microsoft Corp. named former Disney and General Motors executive Tony Scott as chief information officer on Thursday, after it ousted its previous executive in November under mysterious circumstances.

Major automakers reported lower U.S. sales for December led by a 9 percent slide at Ford Motor Co as the industry closed out its weakest year in over a decade and faced the prospect of deeper declines in 2008.