The venture capital arm of General Motors Co. (NYSE: GM) has invested an undisclosed amount in a Series C round of financing for lightweight steel maker NanoSteel Co. GM joins seven other…
Paul Ausick Dutch auto maker Spyker said Monday in a statement that it will sue General Motors Co. (NYSE: GM) for $3 billion on behalf of its subsidiary Saab. Spyker accuses the U.S. automaker…
Trey Thoelcke Subject: Eight Cheap Cars the Richest Americans Drive The wealthiest Americans are cheapskates, as least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…
Toyota Motor Corp. (NYSE: TM) made a lot of money last quarter, at about the same time that Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) were battered by problems…
General Motors Corp. (NYSE: GM) has just reported second-quarter net income attributable to common stockholders of $1.5 billion, or $0.90 per fully diluted share. That compares to $1.54 per share in the…
Trey Thoelcke San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp.…
New car sales for July in the US have slowed from the solid growth pace of the first six months of the year. General Motors Co. (NYSE: GM) reported sales down by…
Chrysler Group LLC is profitable again and the report may be creating some envy for Ford Motor Co. (NYSE: F) and General Motors Corporation (NYSE: GM). While Chrysler was in perhaps the…
GM (NYSE: GM) fired Joel Ewanick, its chief of global marketing. The car company said he “failed to meet expectations the company has for its employees”. The Wall Street Journal reported that…
General Motors (NYSE: GM) fires its marketing head because of a deal he set for soccer sponsorships. (Reuters) HSBC (NYSE: HBC) is under U.S. investigation over Libor manipulation. (Reuters) The Apple (NASDAQ: AAPL)…
The week ahead is going to be a busy week. There are many traditional events to watch, but by now the market participants and investors have learned that they have to pay…
Auto industry research firm truecar.com released its sales and incentives forecast for July today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of new car…
The Volkswagen Group posted first half earnings. Despite trouble with European sales, the figures were impressive and show that VW may top General Motors (NYSE: GM) and Toyota (NYSE: TM) in global…
A senior economist at Citigroup, Willem Buiter, wrote a report in which he argues that there is a 90% chance that Greece will leave the eurozone over the next year to year-and-a-half.…
