Europe Car Sales Collapse in May — GM Needs to Leave
In another sign that the recession in Europe has hit consumer spending, car sales there fell in May and reached their lowest level in that month since 1993. The data ...Read Full Story »
General Motors (NYSE:GM)
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General Motors Adds 194,000 SUVs to Recall
General Motors Co. (NYSE: GM) has added about 194,000 SUVs to a recall first issued in August 2012 to fix a condition that could lead to an short circuit and ...Read Full Story »
States with the Fastest Growing Economies
U.S. gross domestic product (GDP) grew by 2.5% in 2012 after growing 1.6% in 2011, the most the economy has grown since 2006. Nationally, manufacturing, trade and the finance and ...Read Full Story »
Car-Buying Public Still Shuns Chevy Volt: GM Cannot Give It Away
There has been plenty of evidence in the past that the car buying public does not want anything to do with General Motors Co.'s (NYSE: GM) Chevy Volt. Buyers have ...Read Full Story »
Cadillac, Porsche, Mazda Top U.S. Car Buyer Brand Loyalty
Brand loyalty among U.S. car buyers rose to 51.5% in the first quarter of 2013, up two points compared with the first quarter of 2012. Cadillac from General Motors Corp. ...Read Full Story »
Why Berkshire Hathaway Likely Bought More GM Stock
General Motors Company (NYSE: GM) is back on track according to Wall Street and Main Street alike. For that matter, things are good enough that it has now been allowed ...Read Full Story »
The 11 Best Warren Buffett Stocks to Buy Within Berkshire Hathaway Portfolio
Now that stocks have started to sell off and now that interest rates have begun to rise, many investors are looking for bargains out there in the stock market. Investors ...Read Full Story »
U.S. Treasury to Sell More GM Stock
The U.S. Treasury said this morning that it will sell another 30 million shares of stock in General Motors Co. (NYSE: GM) in conjunction with GM’s addition to the S&P ...Read Full Story »
GM New Car Sales Hold Slim May Market Share Lead Over Ford
Yesterday’s reports on new vehicle sales in the U.S. underscored a well-known fact: U.S. drivers really love pickup trucks. And they like their trucks big: three full-size pickups sold more ...Read Full Story »
General Motors Europe Auto Sales Forgottent as It Rejoins S&P
General Motors Co. (NYSE: GM) posted two pieces of very good news yesterday. It will rejoin the S&P 500, from which it has been absent since its bankruptcy. And it ...Read Full Story »
Automobile Sales at Five-Year High for General Motors
Automaker General Motors Co. (NYSE: GM) said today that May automobile sales rose 3% this year, compared with May of 2012. The company sold a total of 252,894 vehicles in ...Read Full Story »
May Auto Sales at Chrysler and Ford Rise on Truck Sales
Auto sales numbers for May are due out from most U.S. and foreign automakers today, and last month’s unexpected drop at Chrysler Group is in the rear-view mirror. Chrysler, which ...Read Full Story »
GM Plans to Boost Exports from China
General Motors Co. (NYSE: GM) will use its huge position in China's car manufacturing industry to press into emerging markets. GM is the largest U.S. car company in the People's ...Read Full Story »
Most Important Business Stories: Microsoft Windows Woes, GM in China
Shaky Global Markets Markets across the world continue sharp drops on concerns about regional recessions, slow growth in formerly fast-growing regions and worries that rising rates will undercut the value ...Read Full Story »
Ford Hits 52-Week High: Still Little Presence in China
Ford Motor Co. (NYSE: F) shares reached a 52-week high, which is a sign Wall Street is willing to forgive the company's atrocious performance in Europe. The trend also is ...Read Full Story »
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