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Spokane, Washington  Est. May 19, 1883
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Detroit’s automakers, sensing a threat, embrace mobility

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.

Cadillac moving headquarters to NYC to court luxury buyers

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.

GM: Incompetence, negligence led to delayed recall

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.

Gov’t report says US lost $11.2B on GM bailout

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.

U.S. selling stake in GM

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.

Despite successful year, GM may face difficult road in 2012

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.