Posted by Reuters: Business News on February 1, 2012
DETROIT (Reuters) – Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its largest rival General Motors Co lost ground in a month marked by modest growth.
Posted by Reuters: Business News on January 31, 2012
WASHINGTON (Reuters) – Just when Americans have largely forgotten about the Treasury’s controversial bailout program, the Congressional Budget Office on Tuesday blamed it for an anticipated $23 billion widening in the government’s deficit.
Posted by Reuters: Business News on January 20, 2012
DETROIT/TOKYO (Reuters) – General Motors Co regained its title as the world’s top-selling automaker in 2011, less than three years after its 2009 taxpayer-funded bankruptcy under the Obama administration.
Posted by Reuters: Business News on
DETROIT/TOKYO (Reuters) – General Motors Co regained its title as the world’s top-selling automaker from Japanese rival Toyota Motor Corp in 2011, but the U.S. company faces a challenge to stay on top this year as Toyota rebuilds its disaster-struck business.
Posted by Reuters: Business News on January 19, 2012
(Reuters) – General Motors Co reclaimed its title as the world’s top selling automaker for the first time since 2007, after sales of more than 9 million vehicles globally in 2011.
Posted by Reuters: Business News on January 5, 2012
(Reuters) – General Motors Co said on Thursday it has developed a proposed fix to the battery pack for the Chevrolet Volt to eliminate the risk of a fire being triggered days after a crash.
Posted by Reuters: Business News on December 19, 2011
STOCKHOLM (Reuters) – Sweden’s Saab faced an end to more than 60 years of car making on Monday after its Dutch owner abandoned repeated attempts to find financing and filed for its bankruptcy.
Posted by Reuters: Business News on December 7, 2011
DETROIT (Reuters) – General Motors Co is closing in on a package of proposed fixes for the Chevrolet Volt battery pack that engineers believe would eliminate the risk of a fire being triggered days after a crash, two people with knowledge of the situation said on Tuesday.
Posted by Reuters: Business News on December 5, 2011
FRANKFURT (Reuters) – General Motors has declared its strategy for turning around its European carmaking unit Opel a failure, Financial Times Deutschland reported on Monday, citing GM Vice Chairman Steve Girsky.
Posted by Reuters: Business News on November 25, 2011
(Reuters) – U.S. auto safety regulators are opening a formal investigation into fire risks in General Motors’ Volt vehicles, the National Highway Traffic Safety Administration said on Friday.
