GO
Loading...

General Motors Co

More

  • Maine woman sues GM after suffering burn Monday, 18 Aug 2014 | 6:41 AM ET

    YARMOUTH, Maine— A Maine woman who says she suffered a third-degree burn from a heated seat in Chevrolet Suburban has sued General Motors. Emma Verrill says in her suit filed in U.S. District Court in Portland, Maine, that GM failed to adequately test the rear seat heaters to prevent them from reaching "dangerously high temperatures that would burn human flesh."

  • China says Mercedes guilty of price abuses Monday, 18 Aug 2014 | 12:40 AM ET

    BEIJING— China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry.

  • Trying to get by on the sharing economy Sunday, 17 Aug 2014 | 12:00 AM ET
    Starting a long day around 4 a.m., Jennifer Guidry, who earns money by offering transportation or services through a variety of apps like Uber, Lyft and TaskRabbit, applies makeup in her home office.

    If sharing economy companies are creating jobs of the future, it doesn't mean decent wages and benefits are part of the bargain for workers.

  • Final Glance: Autos companies Friday, 15 Aug 2014 | 6:16 PM ET

    Ford Motor Co. fell$. 12 or. 7 percent, to $17.31. General Motors Co. fell$. 11 or. 3 percent, to $33.84. Honda Motor Co. fell$. 14 or. 4 percent, to $33.96.

  • NEW YORK, Aug 15- A U.S. judge has appointed two lawyers who led cases against Toyota Motor Corp and a plaintiffs' attorney from Texas to lead litigation against General Motors Co related to a faulty ignition switch that prompted the recall of millions of vehicles this year.

  • Correction: Berkshire Hathaway Investments Friday, 15 Aug 2014 | 3:45 PM ET

    OMAHA, Neb.— In a story Aug. 14 about changes to Berkshire Hathaway's stock portfolio, The Associated Press reported erroneously the company had reduced its stake in engineering and construction firm Chicago Bridge& Iron Co. by 1.1 million shares. Berkshire Hathaway has increased its position in Chicago Bridge& Iron by 1.2 million shares.

  • Midday Glance: Autos companies Friday, 15 Aug 2014 | 1:15 PM ET

    Ford Motor Co. fell$. 16 or. 9 percent, to $17.27. General Motors Co. fell$. 22 or. 6 percent, to $33.74. Honda Motor Co. fell$. 25 or. 7 percent, to $33.85.

  • How David Tepper played 'nervous time' market Friday, 15 Aug 2014 | 12:16 PM ET
    David Tepper, founder of Appaloosa Management

    Tepper, who made an eye-popping $3.5 billion in 2013, shed multiple positions in the second quarter.

  • Early Glance: Autos companies Friday, 15 Aug 2014 | 11:21 AM ET

    Ford Motor Co. fell$. 02 or. 1 percent, to $17.41. General Motors Co. fell$. 09 or. 3 percent, to $33.86. Honda Motor Co. fell$. 04 or. 1 percent, to $34.06.

  • Three-wheeled Elio gets closer to going on sale Friday, 15 Aug 2014 | 3:00 AM ET

    Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same length as a Honda Fit but half the weight. Phoenix- based Elio plans to start making the cars next fall at a former General Motors plant in Shreveport, Louisiana.

  • Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.

  • Buffett's firm invests in Charter Communications Thursday, 14 Aug 2014 | 5:06 PM ET

    OMAHA, Neb.— Billionaire Warren Buffett's company has revealed a new stake in Charter Communications Inc. and made several other tweaks to its $108 billion U.S. stock portfolio. Berkshire Hathaway Inc. filed an update on its portfolio with the Securities and Exchange Commission Thursday.

  • Buffett's Berkshire adds Charter Comm. stake Thursday, 14 Aug 2014 | 4:13 PM ET
    Berkshire Hathaway Chairman and CEO Warren Buffett arrives at the Berkshire Hathaway shareholders meeting in Omaha, Neb.

    Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.

  • BRASILIA, Aug 14- General Motors Co will invest 6.5 billion reais in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday, reaffirming the automaker's long-term plans despite a sharp downturn in the local market.

  • US auto loans hit 8-year high, fueled by subprime Thursday, 14 Aug 2014 | 2:47 PM ET
    A customer looks at a sale price tag for a Cadillac Escalade Hybrid at a dealership in San Francisco.

    Auto loans jumped this spring, fueled by a big increase in lending to risky borrowers, according to a new report by the New York Fed.

  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • NY Fed: US auto loans soar to highest in 8 years Thursday, 14 Aug 2014 | 11:15 AM ET

    WASHINGTON— U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York. This spring, banking regulators at the Office of the Comptroller of the Currency said that "signs of increasing risk are evident" in auto lending.

  • GM to invest $2.8 bln in Brazil in five years-CEO Thursday, 14 Aug 2014 | 11:15 AM ET

    BRASILIA, Aug 14- General Motors Co will invest 6.5 billion reais in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday. Speaking to reporters in Brasilia after meeting President Dilma Rousseff, Barra said the new investment will spent on new products, technology and maintaining plants.

  • Eurozone recovery grinds to halt amid Ukraine fear Thursday, 14 Aug 2014 | 1:31 AM ET

    The European Central Bank, with a further monetary stimulus? Or governments in France and Italy, which have dragged their heels in making their economies more business-friendly? Especially if the Ukraine crisis mushrooms with a Russian invasion that would scare off business investment even more— and extend one bad quarter into an outright recession.

  • European companies slam Chinese antitrust probes Wednesday, 13 Aug 2014 | 8:42 PM ET

    European companies have lashed out at the Chinese government, saying that they have been subject to "intimidation tactics" by officials.