General Motors Co.

Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have both started off the year strong, seeing double-digit gains. GM stock rose 20% from where it started at the beginning of 2021. Ford stock saw similar movement, surging up 35% and then settling at around 23%. Both...

General Motors Co. (NYSE: GM) confirmed the sale of its shuttered Lordstown Assembly complex in northeast Ohio to startup Lordstown Motors Corp., which plans to build a battery-powered electric pickup truck focused on fleet customers. Neither Lordstown Motors Corp. founder Steve Burns nor GM would...

Data out on Monday showed that the Japanese economy fell into a recession in the third quarter, an unexpected report as most analysts were expecting to see 2.1 percent growth. Instead, the figures showed that Japanese GDP declined by an annualized 1.6 percent from July to September, a worrying...

The crisis in Ukraine took a new turn on Wednesday after Russian news agency RIA reported that the Defense Ministry announced that troops had begun to move away from the Ukrainian border. On Monday, Russian President Vladimir Putin claimed that he had ordered his troops to withdraw, but US...

A resurgence in demand for trucks, coupled with a desire to cut operating costs on the part of commercial fleet buyers, led Ford Motor (NYSE: F) to announce that later this year it will begin selling an F-150 pickup modified to run on compressed natural gas, according to The Wall Street Journal...

When was the last time you heard anyone discussing “hydrogen fuel cells?” Been awhile, hasn’t it? Well, get ready, they’re back! So said Bloomberg, reporting the news that Toyota Motor Corporation (NYSE: TM) plans to roll out a hydrogen fuel cell powered car in 2015. Hydrogen fuel cells have...

Demand for cars and trucks is up. U.S. automakers have noticed and are responding. Bloomberg noted Wednesday that number two U.S. automaker, Ford Motor Co. (NYSE: F), will add the capacity to build 200,000 more vehicles a year in North America. All this based on increased demand for Ford’s F-...

General Motors(NYSE: GM) Chairman and CEO Dan Akerson told The Detroit News Wednesday he's expecting April auto sales to be about the same as those posted in March. Among Akerson’s concerns – low consumer confidence in the U.S. and weak sales and a weak economy in Europe. GM lost $1.8 billion...

Apparently tweeting the fact that you are updating your Facebook (NASDAQ: FB) status while checking your location on satellite image GPS all at the same time isn’t such a good idea. At least not while driving down the freeway at 70 mph. So said the Transportation Department in non-binding...

Give shock jock Howard Stern credit. Despite a five-year deal worth $500 million, Stern felt he was owed another $330 million in stock bonuses from Sirius XM (NASDAQ: SIRI) – and went to court over it. Stern had claimed that Sirius should count subscribers to the former XM Satellite Radio,...

The Wall Street Journal reports that when General Motors Co. relists its stock next month, the United States will reduce its ownership stake to 35%. New projects say that GM could have a stock-market value at $50 billion, which is roughly the same as Ford Motor Company (NYSE: F). However, for the U...

General Motors sales are up 21% this month, in comparison to March of 2009. Along with other companies such as Toyota (NYSE: TM), GM's incentives have car buyers flocking to their lot. The result? An increase in sales for most dealers. Although GM is in the process of phasing out of selling...

General Motors Co. could be turning over a new leaf in 2010 according to the Chief Financial Officer (CFO). CFO Chris Liddell, former employee of Microsoft Corp. (NASDAQ: MSFT), said the company could turn a full-year profit in 2010 as auto sales begin to recover since the economic downturn....