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Last month, U.S. auto sales were expected to drop 7 percent to 1.5 million cars and trucks, according to car shopping site Kelley Blue Book.
People who bought or leased 2016 General Motors SUVs with overstated gas mileage on the window sticker will be getting compensated, the automaker says.
For Detroit, the days of simply making cars are over. Automakers are facing multiple threats to their business from nimble tech firms like Apple and Uber. In response, carmakers are reinventing themselves as “mobility” companies that can accommodate all the different ways people get around.
A New York City jury has found that a flawed General Motors ignition switch was not to blame in a 2014 accident on an icy New Orleans bridge.
General Motors is recalling nearly 6,300 police cars in the U.S. because the electric power-assisted steering can fail.
Weeks after the first New York trial over General Motors’ faulty ignition switch controversy ended prematurely, a new one is set to start.
General Motors is recalling about 200,000 Saab and Saturn cars in the U.S. and Canada to replace the Takata driver’s air bag inflators.
The United Auto Workers union has reached a tentative contract agreement with Ford, a sign that union leaders expect General Motors workers to approve a similar four-year deal.
The United Auto Workers union and General Motors Co. have reached a tentative agreement on a new four-year contract, avoiding a strike for now.
DETROIT – Cadillac wants a jolt from the city that never sleeps. General Motors’ 112-year-old luxury car division, founded in Detroit and named for the city’s founder, is moving its headquarters to New York.
General Motors’ safety crisis worsened on Monday when the automaker added 8.2 million vehicles to its huge list of cars recalled over faulty ignition switches.
General Motors is recalling 3.2 million more cars in the U.S. because of ignition switch problems.
WARREN, Mich. — General Motors says a pattern of incompetence and neglect, not a larger conspiracy or cover-up, is to blame for a long-delayed recall of defective ignition switches.
NEW YORK — A new report says taxpayers lost $11.2 billion on the government’s bailout of General Motors. The estimate comes from a quarterly report to Congress by a government watchdog that oversees the bailout, and is up from a previous estimate of $10.5 billion.
DETROIT — The U.S. government’s short stint in the auto business is coming to an end. The Treasury Department said today that it will sell its remaining stake in General Motors by early 2014, writing the final chapter of a $50 billion bailout that saved the auto giant but stoked a heated national debate about the government’s role in private industry.
DETROIT — General Motors earned its largest profit ever in 2011, two years after it nearly collapsed.
General Motors (NYSE: GM) had a solid 2011, with domestic sales up 14 percent, well above the industry’s 10 percent and reflecting a gain in market share. That’s great for a company that some say should have died three years ago, but GM may find 2012 to be tougher, even if the economy continues to improve. December sales showed Buick sales down 12 percent over last year and Cadillac off by 3 percent. But that’s largely due to the phase-out of the Lucerne and the DTS, respectively. Chevy numbers were better, with Cruze sales strong and Camaro sales up 20 percent. Even the Volt posted record sales.