DETROIT, Dec 10- General Motors Co on Tuesday said Chief Executive Officer Dan Akerson would step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a major U.S. automaker.» Read More
Dec 10- General Motors Co. will name Mary Barra as chief executive to succeed Daniel Akerson, marking the first time a woman has run the world's No. 2 auto maker, Bloomberg reported on Tuesday.
JAKARTA, Dec 10- General Motors Co, the world's second-biggest car maker, is trying to break the Japanese stranglehold on the popular family car market in Indonesia, where it sees the next auto boom after China, a senior executive said.
JAKARTA, Dec 10- General Motors Co, the world's second-biggest car maker, is trying to break the Japanese stranglehold of the popular family car market in Indonesia, where it sees the next auto boom after China, a senior executive said.
MELBOURNE, Dec 10- General Motors Co said on Tuesday it has made no decision on whether to stop making cars in Australia after 2016, provoking an angry reaction from the Australian government which demanded that the U.S. automaker clarify its plans.
WASHINGTON, Dec 9- The U.S. government sold its last shares of automaker General Motors Co on Monday, marking an end to a historic bailout of one of America's most storied companies. The money pumped into the industry came from a $700 billion pool of funds Congress had assembled to shore up the banking system and fight a growing panic on Wall Street.
MELBOURNE, Dec 10- General Motors Co said on Tuesday it has made no decision on whether to stop making cars in Australia after 2016, but added that it would need assistance from the Australian government to survive long term.
The US government ended up losing $10.5 billion on the General Motors bailout, but it says the alternative would have been far worse.
Did a luxury sports car dealership in California actually accept bitcoins in a Tesla Model S sale?
U.S. auction sales of collectible cars are set to reach an all-time high in 2013. Plus, why a car sold for $100 million is within reach.
General Motors is dropping Chevy as its No. 1 brand for mass-market vehicles in Europe and is making Opel its primary mainstream line.
Shares of General Motors rose to their highest level since re-entering public markets more than two years ago, as investors continue to await a sale of the rest of the GM stake owned by the U.S. government. THE ANALYSIS: Morgan Stanley analyst Adam Jonas said the company must be cautious about returning too much cash to shareholders in the form of buybacks.
DETROIT, Dec 6- General Motors Co's decision to pull the plug on Chevrolet in Europe is one of several calculated moves the U.S. automaker appears to be making around the world that analysts and investors say are long overdue if the automaker wants to boost profits in line with its rivals.
Partnering up with Can-AM Spyder, Nascar race car driver Danica Patrick tells CNBC's Jane Wells she felt comfortable and confident as soon as she sat on the 3-wheeled roadster. Nascar's leading lady also talks the Sprint Cup.
Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers.
Meggan Bailey of CNBC's "The Car Chasers" says bad paperwork is one of many mistakes people can make after purchasing a car.
NEW YORK, Dec 6- Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all year.
*Australia, S.Korea just signed free trade agreement. SEOUL/ SYDNEY, Dec 6- General Motors Co may consider shipping more South Korean-made cars to Australia, a source said on Friday, as part of a global restructuring that will see its Chevrolet brand in Europe dropped and production in Australia potentially scrapped.
*Announcement due this week but deferred to February 2014- ABC. SYDNEY, Dec 6- General Motors Co has decided to pull out of vehicle production in Australia as early as 2016, local media reported on Friday, in what would be a major blow to the struggling industry.
DEARBORN, Mich./ SHANGHAI, Dec 5- Ford Motor Co unveiled its 50th anniversary Mustang sports car in its first global launch on Thursday, with a sleek redesign aimed at enhancing the brand's status outside the United States.
Hedge fund manager Kyle Bass said his bet on J.C. Penney went south because he wasn't able to predict that the retailer's vendors would change terms.
GM is dropping Chevy as its primary brand for mass-market vehicles in Europe and making Opel its mainstream line.
And Ford is targeting the global market: The newest Mustang was unveiled in six cities around the world on Thursday.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.