GM offers incentives to closed dealers' customers
General Motors Co. is offering 45-day discounts of as much as $2,000 a vehicle to 950,000 customers of the company's closed dealerships -- a move criticized as “inappropriate” by a leader of a group of rejected dealers. 2:10 pm U.S. ET | Nov. 23
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GM to present plan to restructure Opel this week
GM will present a rescue plan for Opel to European governments by the end of the week and EU officials will discuss possible aid on December 4. GM Europe CEO Nick Reilly said GM needs 3.3B euros($4.9 billion) for Opel and would find it difficult to fund the sum itself. 11:00 am U.S. ET | Nov. 23 | UPDATED: 11/23/09 1:15 p.m. ET
GM, Chrysler bailouts still keep lawmakers bickering
Months since Chrysler Group and General Motors Co. emerged from bankruptcy protection with a government ownership stake in the companies in exchange for the billions of dollars they received in federal loans, Democrats and Republicans are still bickering over the auto bailout. All last week Rep. Gary Peters, D-Mich., and Sen. John McCain, R-Ariz., traded barbs. 12:01 am U.S. ET | Nov. 23
2009 LOS ANGELES AUTO SHOW
Cadillac's CTS coupe heads to L.A.
Cadillac will unveil the sleek 2011 CTS coupe next week at the Los Angeles Auto Show. General Motors says the car was designed to become the centerpiece of Cadillac's rev ...
Lexus GX 460 gets new features, starts dealer tour
Twenty teams of Lexus specialists will hit the road on Jan. 13 -- the start of a month-long process to prep dealership personnel on how to create buzz for the redesigned ...
JCI deal averts threat to Chrysler
Workers at a Johnson Controls Inc. factory in Canada that makes components for Chrysler minivans voted overwhelming in favor of a new contract over the weekend, averting ...
Ex-Ford director plans Volvo bid soon, report says
A group led by a former Ford director will make an offer for Volvo next week, rivaling a bid from China's Geely, a Swedish newspaper reported today. Media reports put the ...
Senators seek answers on auto dealer closures
Nearly two dozen members of the U.S. Senate sought answers today from General Motors and Chrysler on efforts to resolve complaints from dealers who lost business with the ...
Ford trade-secret suspect may face new charges
A Chinese engineer arrested on suspicion of stealing Ford Motor Co. trade secrets will likely face additional charges after more secret data was found on his computer, U. ...
GM expects China sales growth to slow in 2010
General Motors Co. expects its China sales growth to drop dramatically in 2010 as the carmaker nears the end of a year of government stimulus-fueled growth in the fast-gr ...
Volvo bidder Geely predicts 2010 growth in China
Changan Ford Mazda 2009 China sales zoom
Chrysler beefs up holiday incentives, marketing
Chrysler Group, seeking to boost sales after a dismal October, launched a major new incentive campaign today. Chrysler timed the announcement for this morning so dealers ...
Electric carmaker Tesla preparing IPO, sources say
Silicon Valley electric sports car maker Tesla Motors is planning to go public soon, two people familiar with the situation said, outlining plans to sell stock and cash i ...