GM, South Korea to invest $4.35 billion in troubled unit
General Motors and South Korea agreed to inject $4.35 billion into the company's unprofitable local arm to keep it afloat after it came close to seeking bankruptcy protection.
Lear raises outlook on rising seating, electronics sales
Lear raised its outlook for sales and earnings for the year after reporting record first-quarter results. It was the first earnings report for the supplier under new CEO Ray Scott
GM Q1 operating profit falls 27% on lower pickup output; net falls 59%
GM's net income and operating profit fell sharply in the first quarter due to planned downtime of full-size pickup output, a restructuring in Korea and other costs. GM's earnings before interest and taxes declined 27 percent.
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