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General Motors Co

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  • DETROIT, Aug 1- The U.S. auto industry hasn't appeared so healthy for years. And yet, a minority on Wall Street and in the autos business are seeing reasons to be wary. Among those seeing a glass half empty is Morgan Stanley auto analyst Adam Jonas who says we may be heading towards what he terms "peak auto."

  • RIO DE JANEIRO/ BRASILIA, July 31- Argentina's debt default threatens to worsen trade tensions in South America, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.

  • Final Glance: Autos companies Thursday, 31 Jul 2014 | 6:03 PM ET

    Ford Motor Co. fell$. 44 or 2.5 percent, to $17.02. General Motors Co. fell$. 49 or 1.4 percent, to $33.82. Honda Motor Co. fell$. 96 or 2.7 percent, to $34.88.

  • NEW YORK, July 31- Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say.

  • Midday Glance: Autos companies Thursday, 31 Jul 2014 | 1:33 PM ET

    Ford Motor Co. fell$. 36 or 2.0 percent, to $17.11. General Motors Co. fell$. 40 or 1.2 percent, to $33.91. Honda Motor Co. fell$. 70 or 2.0 percent, to $35.14.

  • DETROIT, July 31- Delphi Automotive Plc reported stronger-than-expected second-quarter profit on Thursday, but offered a forecast for the third quarter that could fall short of analysts' expectations, and shares fell 0.4 percent in morning trading.

  • Final Glance: Autos companies Wednesday, 30 Jul 2014 | 6:02 PM ET

    Ford Motor Co. rose$. 02 or. 1 percent, to $17.46. General Motors Co. fell$. 14 or. 4 percent, to $34.31. Honda Motor Co. fell$. 18 or. 5 percent, to $35.84.

  • AP Top Extended Financial Headlines At 12:18 p.m. EDT Wednesday, 30 Jul 2014 | 12:18 PM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers US stocks turn lower, erasing an early gain; Genworth Financial, Goodyear Tire& Rubber sink Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears

  • AP Top Extended Financial Headlines At Noon EDT Wednesday, 30 Jul 2014 | 11:55 AM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers Small businesses step up hiring pace as healthier economy boosts revenue Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Texas lawyer sues GM over ignition switch defects on behalf of 658 plaintiffs Republicans block Senate bill that would curb tax breaks for firms moving operations overseas Dubai, European airlines diverting flights that once flew over Iraq out of security fears Major markets little changed after report of stronger US growth; Twitter flies high

  • Lawyer sues GM on behalf of 658 plaintiffs Wednesday, 30 Jul 2014 | 11:45 AM ET

    DETROIT— A Texas lawyer has filed a lawsuit against General Motors on behalf of 658 people who were injured or killed in crashes allegedly caused by faulty ignition switches. The lawsuit filed Tuesday in U.S. District Court in Manhattan in New York City names 29 people who were killed in crashes and 629 who were hurt.

  • Early Glance: Autos companies Wednesday, 30 Jul 2014 | 10:42 AM ET

    Ford Motor Co. rose$. 13 or. 7 percent, to $17.57. General Motors Co. fell$. 03 or. 1 percent, to $34.42. Honda Motor Co. fell$. 23 or. 6 percent, to $35.79.

  • Fiat 2Q profits drop by 55 percent Wednesday, 30 Jul 2014 | 9:57 AM ET

    MILAN— Italian carmaker Fiat SpA, which controls Chrysler, on Wednesday said second-quarter profits dropped by more than a half due to lower performance in North and Latin America. Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros, compared with 435 million euros in the same period last year.

  • Superior Industries to shutter Rogers plant Wednesday, 30 Jul 2014 | 9:28 AM ET

    ROGERS, Ark.— Superior Industries International Inc. announced Wednesday it would shutter its manufacturing plant in Rogers, eliminating 500 jobs. Work done at the Rogers plant will be shifted to other Superior facilities in Fayetteville and in Chihuahua, Mexico, the company said.

  • AP Top Extended Financial Headlines At 9:19 a.m. EDT Wednesday, 30 Jul 2014 | 9:19 AM ET

    US economy grew at strong 4 percent rate in second quarter after sharp contraction in winter Revised figures show US economy grew at fastest pace in 10 years in last year's 2nd half Fed widely expected to make sixth reduction in bond purchases at this week's meeting Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers European shares drift ahead of US data, Asia gains on earnings reports Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Hyundai recalling 883,000 Sonata midsize cars to fix problem with gear shift levers Drop in e-cigarette sales hurts Lorillard's 2nd- quarter profit Goodyear 2 Q profit increases 18 percent

  • AP Top Extended Financial Headlines At 7:14 a.m. EDT Wednesday, 30 Jul 2014 | 7:14 AM ET

    US economy expected to post solid second-quarter growth after dismal winter Hilton CEO Chris Nassetta talks about the future of room service, Wi-Fi and younger travelers European shares drift ahead of US data, Asia gains on earnings reports India's largest online retailer Flipkart raises $1 billion in fresh capital as Amazon looms Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM WellPoint 2nd- quarter profit falls on higher expenses, but still tops Wall Street projections Twitter posts stronger-than-expected 2nd- quarter results, stock flies high Thai junta approves budget for rail upgrade, plans high-speed high links to China Russia's central bank promises support for targets of new sanctions Nintendo reports worse-than-expected quarterly loss as Wii U sales momentum picks up slowly

  • AP Top Extended Financial Headlines At 5:32 a.m. EDT Wednesday, 30 Jul 2014 | 5:32 AM ET

    India's largest online retailer Flipkart raises $1 billion in fresh capital as Amazon looms Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high European shares down ahead of US data, Asia gains on US earnings reports Russia's central bank promises support for targets of new sanctions Nintendo reports worse-than-expected quarterly loss as Wii U sales momentum picks up slowly Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Barclays chief applauds claw-back idea on bonuses as income in its investment bank falls Fed widely expected to make sixth reduction in bond purchases at this week's meeting Spanish economy expanded 0.6 percent during second quarter— fastest rate since 2007

  • AP Top Extended Financial Headlines At 1:33 a.m. EDT Wednesday, 30 Jul 2014 | 1:33 AM ET

    Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high Asia stock markets rise on earnings, await US economic growth report Eyeing weakness in Russian economy, West seeks to inflict more pain on Moscow Small cars fare poorly in new frontal crash tests, Mini Cooper Countryman gets top rating Fed widely expected to make sixth reduction in bond purchases at this week's meeting Growing demand for travel, mostly in developing nations, to pose safety challenge for airlines Key questions about Argentina's fight with US hedge funds over outstanding debt US consumer confidence rises to 90.9 in July, strongest reading since October 2007 American Express second-quarter profit increases 9 percent, tops estimate

  • AP Top Extended Financial Headlines At Midnight EDT Tuesday, 29 Jul 2014 | 11:57 PM ET

    Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high Asia stock markets rise on earnings, await US economic growth report US, European Union order tough new economic, energy, defense sanctions on Russia over Ukraine Fed weighs key questions this week on reversing its low-rate policies but may reveal little Growing demand for travel, mostly in developing nations, to pose safety challenge for airlines Key questions about Argentina's fight with US hedge funds over outstanding debt US consumer confidence rises to 90.9 in July, strongest reading since October 2007 American Express second-quarter profit increases 9 percent, tops estimate More than a third of Americans reported to collection agencies for unpaid bills and debts

  • AP Top Extended Financial Headlines At 11:08 p.m. EDT Tuesday, 29 Jul 2014 | 11:08 PM ET

    Toyota remains No. 1, at top in global vehicle sales after first 6 months, beating VW and GM Twitter posts stronger-than-expected 2nd- quarter results, stock flies high Asia stock markets rise on earnings, await US economic growth report US, European Union order tough new economic, energy, defense sanctions on Russia over Ukraine Fed weighs key questions this week on reversing its low-rate policies but may reveal little Growing demand for travel, mostly in developing nations, to pose safety challenge for airlines Key questions about Argentina's fight with US hedge funds over outstanding debt US consumer confidence rises to 90.9 in July, strongest reading since October 2007 American Express second-quarter profit increases 9 percent, tops estimate More than a third of Americans reported to collection agencies for unpaid bills and debts

  • UPDATE 1-VW closes in on Toyota as global auto leader Tuesday, 29 Jul 2014 | 10:50 PM ET

    *VW expected to overtake Toyota this year with China growth. TOKYO, July 30- Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China- the world's biggest auto market- while Toyota curbs growth to focus on shoring up quality.