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General Motors Co

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  • June 2- U.S. stocks eased on Tuesday as a jump in bond yields hit utilities and other top dividend payers, but energy gains and optimism Greece is near a deal with creditors limited losses. "Today the utilities are way underperforming, obviously because people are thinking rates are going to go up sooner rather than later," said Uri Landesman, president of Platinum...

  • Factory orders fall 0.4 percent in April. WASHINGTON, June 2- New orders for U.S. factory goods fell in April on weak demand for transportation equipment and other goods, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. Households are gradually boosting their spending on manufactured goods, "said Gus...

  • June 2- U.S. stocks dipped late Tuesday afternoon as a jump in bond yields weighed on utilities, but gains in energy shares and optimism that Greece may be close to a deal with its creditors limited losses. "Today the utilities are way underperforming obviously because people are thinking rates are going to go up sooner rather than later, but almost everything else...

  • *Factory orders fall 0.4 percent in April. WASHINGTON, June 2- New orders for U.S. factory goods fell in April as demand for transportation equipment and other goods weakened, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector. Households are gradually boosting their spending on manufactured goods, "...

  • Cramer: Autos may be the next big play Tuesday, 2 Jun 2015 | 10:57 AM ET
    Chevrolet vehicles for sale on the lot at Phillips Chevrolet car dealership in Frankfort, Illinois.

    CNBC's Jim Cramer explains why investors should bet on autos.

  • May auto sales hit strongest pace in nearly decade Tuesday, 2 Jun 2015 | 10:51 AM ET
    A salesperson, left, shows vehicles to a shopper at the Toyota of Deerfield dealership in Deerfield Beach, Fla.

    The US auto industry remained on track for a record year as consumers bought cars and trucks in May at the fastest pace in almost a decade.

  • DETROIT, June 2- The U.S. auto industry remained on track for the best sales year in a decade as consumers bought cars and trucks in May at the fastest pace in almost a decade. General Motors Co forecast industry U.S. sales to finish May at a seasonally adjusted annualized rate of 17.6 million vehicles, the strongest pace since January 2006. GM sales rose 3 percent in...

  • Subaru led automakers with a 12 percent sales gain. General Motors' sales rose 3 percent, Fiat Chrysler was up 4 percent and Honda rose 1 percent. Honda sold more than 6,300 HR-V small SUVs in the first two weeks it was on sale.

  • DETROIT, June 2- Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, according to suppliers familiar with the company's plans. FCA Chief Executive Sergio Marchionne is shuffling product plans even as he seeks a partner for his company, the seventh largest global automaker.

  • For UAW members, two-tier wage issue is personal Tuesday, 2 Jun 2015 | 1:00 AM ET

    KANSAS CITY, Kansas, June 2- For United Auto Workers union members Jermaine and Akema Austin, a two-tier wage system at General Motors Co is not just business, it's personal. Detroit automakers, which pushed for and won the two-tier system in negotiations with the union, say the freedom to hire workers at lower wages has helped them recover from near-death in the...

  • DETROIT— The death toll from faulty ignition switches in small cars made by General Motors has reached 109.. Victims' families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. GM paid $200 million to settle claims filed with Feinberg as of March 31.

  • WYOMING, Mich.— General Motors Co. plans to invest $119 million in tools and equipment to support production of future vehicle components in western Michigan. The automaker said Monday that the plans for its Grand Rapids Operations in the Grand Rapids suburb of Wyoming will create about 300 jobs. The investment in the GM Components Holdings LLC plant is part of...

  • GM recalls heavy duty trucks with Takata air bags Friday, 29 May 2015 | 5:02 PM ET

    DETROIT, May 29- General Motors Co is recalling about 375,000 heavy duty pickup trucks equipped with passenger-side air bag inflators made by Takata Corp, the U.S. automaker said. Subaru will expand its recall of 2004 and 2005 model Impreza compact cars with Takata air bags to about 80,000 from 20,000, the unit of Japan- based Fuji Heavy Industries also said on...

  • DETROIT— General Motors and Subaru are adding vehicles to the growing list of models being recalled by 11 automakers due to potentially exploding air bags. The U.S. government's National Highway Traffic Safety Administration released the model information on Friday. The vehicles are equipped with air bag inflators made by Takata Corp. of Japan that can...

  • This stock is no longer in the Top 20 most held Friday, 29 May 2015 | 11:51 AM ET
    Traders work on the floor of the New York Stock Exchange.

    New data provided to CNBC from eVestment shows the most popular stocks held by institutional funds.

  • May 28- What happens to an industry which develops a new offering so fantastic that ownership of its product is cut in half? That will lead to a more than doubling in annual mileage per car over the next 25 years but bring vehicles per household down by nearly 50 percent, argues Barclays auto analyst Brian Johnson. To' survive,' General Motors would need to cut North...

  • New ride for the rich: Super-luxury SUVs Thursday, 28 May 2015 | 1:33 PM ET
    The Lamborghini SpA Urus SUV.

    There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.

  • Analyst says GM may consider merger or big partnership Thursday, 28 May 2015 | 12:59 PM ET

    NEW YORK— General Motors may need to consider big strategic changes like a merger or partnership with a competitor, a Morgan Stanley analyst said Thursday. Analyst Adam Jonas noted that GM is returning lot of cash to shareholders, but its stock has made only small gains this year and it's little changed since the company's November 2010 IPO.

  • Automakers, gov't reveal models in expanded Takata recall Thursday, 28 May 2015 | 10:46 AM ET

    DETROIT— Car owners are beginning to find out if their cars or trucks are included in a big expansion of a recall of air bags made by Takata Corp.. Automakers, as well as Canadian and U.S. safety regulators, are posting documents that spell out the vehicles being recalled to replace air bag inflators that can explode with too much force, spewing shrapnel into the...

  • Ford to give other automakers access to its EV tech Thursday, 28 May 2015 | 9:10 AM ET
    A Ford Focus electric concept car with a home charging unit on display at the 2013 North American International Auto Show in Detroit, Michigan, January 15, 2013.

    Ford said it would give other automakers access to its electric vehicle technologies to accelerate research and development of such vehicles.