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Chrysler workers arrested for alleged drug use

Three workers from a high-profile Chrysler plant that makes a crucial new Jeep model were arrested recently for alleged drug use during the workday, the company and police said.

Gold dips on data, earnings

Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.

US auto sales off to roaring start in January

American car owners gave a confidence boost to auto manufacturers, as General Motors, Ford, Chrysler and Toyota posted double digit gains in January US auto sales.

Chrysler idles Windsor plant due to parts shortage

Chrysler Group LLC plans to temporarily shut down its plant in Windsor, Ontario next week due to a shortage of parts, a spokeswoman said on Friday. The plant, which is expected to reopen on February 7

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Post-Market News Wrap (GM, F, SONC, LNDC, MOS, MTSN, TRID, CTL, Q, NURO)

The corporate news that impacted the market during Tuesday session are: General Motors, Ford Motor, Chrysler Group, Motorola, Motorola Mobility Holdings, Motorola Solutions, and Macy's. The companies that reported earnings news after the market close are: Sonic, AngioDynamics, Landec, Team, and Mosaic. The companies that reported guidance revision news after the market close are: Mattson Technology, and Trident Microsystems.

Auto bailout under Bush due to lax Congress: Issa

The 2008 and 2009 bailout of the U.S. auto industry would not have taken place if Congress had been more specific in how then President George W. Bush could spend the money it gave him, a lawmaker tasked with government oversight said on Sunday.

Chrysler drops F-bomb on Twitter, apologizes

Chrysler to recall 150,000 vehicles

Chrysler Group is recalling 150,000 trucks, crossover wagons and SUVs in three separate campaigns over steering, stalling and airbag concerns.

GM Shares Gain After Analysts Give Thumbs Up

Shares of General Motors rose more than 2 percent Tuesday after a slew of analysts advised buying shares of the automaker, which has raised $23 billion recently in the world's largest IPO.

Toyota Motor to recall 51,000 Tundra trucks

Major car recalls in 2010

2010 will be remembered as the worst year for automobile industry. A number of leading car makers including Toyota, Honda, GM, BMW, Hyundai, Nissan, Ford, Chevrolet recalled lakhs of vehicles because of various defects and safety problems.

Hyundai Motor to recall 190,000 cars in US

Hyundai, Volkswagen top insurance industry safe car list

South Korean automakers Hyundai and Kia Motors and German auto mobile giant Volkswagen won more top safety pick awards than any other brands in 2010, the Insurance Institute for Highway Safety said.

TD Bank to acquire Chrysler Financial for $6.3 bln

Toronto-Dominion Bank has agreed to buy Chrysler Financial from private equity firm Cerberus Capital Management, L.P. (Cerberus) for $6.3 billion in cash, part of a major expansion of Canadian banking behemoths into the United States.

File photo of WikiLeaks founder Julian Assange

World reacts against TIME’s choice to snub Assange and honor Zuckerberg

World reacts against TIME magazine’s choice to snub Wikileak's founder Julian Assange and honor Facebook's Mark Zuckerberg as the 2010 Person of the Year title.

A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado

GM repays $2.1 bln to US tax payers

General Motors has paid $2.1 billion to complete the repurchase of preferred shares issued under a federal government bailout, the U.S. Treasury said on Wednesday. With this the auto maker has brought the total sum recouped by taxpayers to more than 23 billion dollars.

More than half of GM plants are landfill-free

UBS Starts GM with 'neutral' rating

UBS initiated coverage of General Motors with a 'neutral' rating and $37 price target, saying that the automaker has no near-term catalysts to move the stock.

Chrysler recalls 76,000 Ram truck over brake issues

Chrysler recalls 76,000 Ram trucks over brake issues

Chrysler is recalling 76,000 Dodge Ram pickup trucks to fix a power steering issue that could make brake pedals return slowly after the driver applies them.

Chrysler US sales surge 17 pct in Nov

Chrysler Group LLC on Wednesday reported that its US auto sales surged 17 percent over last year, as demand for pickup trucks and sport-utility vehicles gained momentum.

General Motors executives are seen outside the New York Stock Exchange building as GM's common stock begins trading publicly again

Take the other side of govt's trade and buy GM: Cramer

Jim Cramer said investors should purchase newly-privatized General Motors (NYSE:GM) shares because it's a good idea to buy from the federal government whenever it has a privatization up its sleeve.

GM shares soar after landmark IPO

Shares of automaker General Motors opened at $35 in its first trading day on the NYSE after recovering from a government funded bailout. The opening price was an increase of 2 percent from its IPO price of $33.

A message welcoming General Motors is seen on the Morgan Stanley stock ticker at their world headquarters in New York

GM Back On Road with Blockbuster IPO; But Is That Enough?

GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.

General Motors Vice Chairman Tom Stephens speaks in Baltimore, Maryland

GM's IPO could be the world's largest

General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.

GM, Chrysler reorganizations undermined legal principles: Experts

Two University of Illinois experts in bankruptcy law are saying that the legal principles applied in the bankruptcy reorganizations of GM and Chrysler were misguided, and have ultimately undermined the distributional norms of bankruptcy reorganizations.

GM, Chrysler recalling 30,000 vehicles in US

General Motors is recalling 14,245 Cadillac DTS and Buick Lucerne cars with V8 engines from the 2010 and 2011 model year to address potential problems with the power steering, while Chrysler is recalling 16,229 Jeep Liberty models over faulty windshield wipers.