courtesy of General MotorsPeugeot, though in desperate need for a cash infusion, will not try to bolster its fortunes through a merger with General Motors Co.’s (NYSE: GM) Opel division, according to…
Trey Thoelcke Frank Golhen, via Wikimedia CommonsNo Peugeot-Opel Marriage Peugeot, though in desperate need for a cash infusion, will not try to bolster its fortunes through a merger with General Motors Co.’s (NYSE: GM)…
Douglas A. McIntyre courtesy of General MotorsProfit-sharing bonuses for United Auto Workers’ members at Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) are expected to be at least as large as last…
General Motors Co. (NYSE: GM) has notified the National Highway Traffic Safety Administration that the company is recalling 119,000 Chevy Colorado and GMC Canyon vehicles built in model years 2010 to 2012.…
Paul Ausick courtesy of AOL, IncResearch In Motion Ltd. (NASDAQ: RIMM) and Nokia Corp. (NYSE: NOK) settle disputes over wireless technology. (Reuters) Apple Inc. (NASDAQ: AAPL) continues to press for a ban on the…
Wikimedia CommonsIn the light of a decision by the U.S. Treasury to sell the remainder of its shares in General Motors Co. (NYSE: GM) at a loss of $12 billion to taxpayers, proponents of…
U.S. equity markets opened flat to higher this morning but the good vibe didn’t last long. In Europe, the Bank of England made no changes either to interest rates or its bond…
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) announced this morning that it will purchase 200 million shares of its stock currently held by the U.S. Treasury for a total of $5.5 billion, or…
Paul Ausick courtesy of General MotorsDespite the launch of a number of new models, Cadillac’s share of luxury car sales in the United States continues to be less than modest, as the sales of…
ThinkstockHSBC China Manufacturing Purchasing Managers’ Index posted a better-than-expected number of 50.9 for December. The manufacturing sector of the People’s Republic is on the mend. At the same time, the Bank of…
Wikimedia CommonsWhatever hope car companies had that economies in Europe might mend in 2013, which would help their fortunes, has disappeared. Sales figures for the region in November tumbled from a year…
thinkstockEuropean leaders say they will take additional steps to end the economic crisis in the region. (Reuters) Softbank puts an upper limit on what Sprint Nextel Corp. (NYSE: S) may pay to…
ThinkstockLess than five years ago, economic Armageddon appeared at the door. Lehman Brothers failed. Merrill Lynch was sold to Bank of America Corp. (NYSE: BAC) and J.P. Morgan Chase & Co. (NYSE:…
ThinkstockU.S. new car sales in November rose 15% year-over-year to a seasonally adjusted annual rate of 15.54 million. Compared with October, sales rose 4.7% to 1.14 million units sold according to data…
courtesy Ford Motor Co.The average price of all cars, light trucks, and SUVs sold in the United States is slightly above $30,000. Read: The 10 Cheapest Cars for Sale But several vehicles…
