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General Motors Co


  • Greek, French, Italian shares fall in thin trading Monday, 25 May 2015 | 4:44 AM ET

    LONDON, May 25- European equities fell on Monday, tracking Friday's losses on Wall Street and as a Greek minister said Athens cannot make debt repayments next month unless Greece reaches a deal with its creditors. Greece's ATG index fell 2.5 percent on the comments by Interior Minister Nikos Voutsis during a weekend TV show. The benchmark French CAC 40 index was...

  • French, Spanish and Italian stock markets fall Monday, 25 May 2015 | 3:23 AM ET

    Trading volumes in Europe were expected to be thin as several markets in countries including the United Kingdom, Germany and the United States were shut for holidays. Spain's IBEX fell 1 percent after the ruling People's Party took a battering in regional and local elections on Sunday after voters punished Prime Minister Mariano Rajoy for four years of...

  • Having taken the helm of the National Highway Traffic Safety Administration in January, Mark Rosekind has wasted no time in forcing reluctant companies into recalling millions of defective vehicles. In the past week alone, the agency announced the biggest recall in history, involving nearly 34 million vehicles with potentially deadly Takata Corp air bags.

  • May 23- As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday. During his presentation on April 29, Marchionne said that if traditional...

  • GM facing criminal charges over ignition woes Saturday, 23 May 2015 | 12:00 PM ET
    General Motors Chief Executive Officer Mary Barra

    Federal prosecutors have identified criminal wrongdoing in G.M.'s failure to disclose a switch defect, the NYT reports.

  • DETROIT— Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.. On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata to declare millions of its air bag inflators defective and expand the recall from 17 million to 33.8 million.

  • These 7 stocks are like giant piggy banks Friday, 22 May 2015 | 5:19 PM ET

    Seven stocks in the S&P 500 have cash and investments account for 40% or more of their stock prices, USA Today reports.

  • Tech unicorns flock south to Code Conference Friday, 22 May 2015 | 12:25 PM ET
    Unicorn disruptors

    Top execs at billion-dollar start-ups Airbnb, Houzz, Pinterest, Slack and Snapchat are among the keynote speakers for the Code Conference.

  • TOKYO— Toyota President Akio Toyoda vowed to help get to the bottom of the problems with Takata air bags, the recalls for which have ballooned to nearly 34 million vehicles, stressing that regaining consumer trust is an industry-wide concern. Doubts are growing about whether Japanese supplier Takata Corp. has the financial muscle to deal with all the defects, a...

  • DETROIT— Out of concern for the safety of drivers, the U.S. government may step in to manage a giant recall of air bags made by Takata Corp.. Takata agreed this week to declare millions of air bag inflators defective. That added 17 million cars and trucks to existing recalls by 11 manufacturers— BMW, Fiat Chrysler, Ford, General Motors, Daimler Trucks, Honda, Mitsubishi,...

  • US DOT extends federal oversight of General Motors Thursday, 21 May 2015 | 5:03 PM ET
    General Motors GM

    The U.S. Department of Transportation plans to extend federal oversight over General Motors' safety proceedings for another year.

  • NHTSA extends federal oversight of GM   Thursday, 21 May 2015 | 3:43 PM ET
    NHTSA extends federal oversight of GM

    CNBC's Phil LeBeau reports NHTSA announced it will extend its federal oversight of General Motors' vehicle safety program.

  • WASHINGTON, May 21- A current and a former executive of Japan's NGK Spark Plug Co Ltd were indicted on Thursday on charges of fixing the prices of spark plugs and oxygen sensors, the U.S. Justice Department said. Norio Teranishi, a former executive, and Hisashi Nakanishi, a current employee of NGK Spark Plug, were accused of conspiring to fix the prices of parts sold to...

  • Ford sales growth mainly from Asia in next decade - exec Thursday, 21 May 2015 | 12:52 PM ET

    DEARBORN, Mich, May 21- Ford Motor Co sees most of its corporate sales growth over the next decade coming from the Asia Pacific region despite the recent slowdown in China auto demand, a top executive said Thursday. China and India will be the big engines for growth, Schoch said. Ford sees China industry sales hitting 32 million vehicles in 2020, up from 23 million in...

  • BOWLING GREEN, Ky.— General Motors announced Thursday it will spend $439 million to upgrade the Kentucky plant that makes the Chevrolet Corvette sports car. The project includes a new 450,000- square-foot paint shop that is almost half the size of the current production facility in Bowling Green. "The Corvette is one of Kentucky's most-cherished icons,"...

  • Detroit is the latest major city to see an influx of whites who may not find the suburbs as alluring as their parents and grandparents did in the last half of the 20th century. "For any individual who wants to build a company or contribute to the city, Detroit is the perfect place to be," said Bruce Katz, co-director of the Global Cities Initiative at the Washington-...

  • *Some automakers explore Takata's rivals for replacement parts. *Takata shares fall 10 pct in Tokyo. DETROIT, May 20- Takata Corp's record U.S. recall of potentially deadly air bag inflators could take years to complete, industry experts and safety advocates said, as automakers scrambled to line up replacement parts, some not from Takata.

  • Cramer Remix: Absolute worst thing in the market Wednesday, 20 May 2015 | 7:06 PM ET
    Jim Cramer on the set of Mad Money

    Jim Cramer’s telling you to be afraid. Be very afraid.

  • Cramer: One automaker silently beating competition Wednesday, 20 May 2015 | 6:35 PM ET
    2014 Ferrari La Ferrari.

    Jim Cramer has his eye on one U.S. automaker that has been coming back with a vengeance—and you don't even know it.

  • Compromise floated on currency rules in U.S. Senate Wednesday, 20 May 2015 | 1:07 PM ET

    WASHINGTON, May 20- Senior U.S. senators on Wednesday urged colleagues to support a compromise on boosting rules against currency manipulation in trade legislation key to a Pacific trade pact. Republican Orrin Hatch and Democrat Ron Wyden, the senior members of the Senate Committee on Finance, offered a joint amendment to legislation creating a fast track for...