Stocks General Motors Co

  • General Motors world headquarters, Detroit, Michigan

    General Motors sold fewer cars globally than Toyota last year, as the Japanese automaker passed the Detroit company for the first time.

  • Stocks opened higher Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.

  • General Motors world headquarters, Detroit, Michigan

    The target date for General Motors to get its second installment of government loans passed last week, but a top company executive says he expects the money to arrive in the next several days.

  • U.S. stock index futures pointed to a higher open for Wall Street Wednesday as investors hope President Barack Obama's economic team will bring clarity to the markets.

  • Here's what the new president needs to do if he wants to get the American economy back on track.

  • 090119_Buffett_Brokaw_Seate.jpg

    Download a PDF transcript of Warren Buffett and Tom Brokaw's complete interview focusing on Barack Obama for Dateline NBC.

  • Deal, Handshake

    Like a Clint Eastwood spaghetti western, the alliance between Chrysler and Fiat is an intriguing piece of work that leaves you scratching your head.

  • UPDATED WITH VIDEO CLIPS.  Dateline NBC aired portions last night (Sunday) of an interview with Warren Buffett by Tom Brokaw.  Buffett tells Brokaw that Barack Obama is the right "commander in chief for the economy" but warns that no one should expect a "miracle" turnaround in the next few months.   The two men also covered many other topics, including Obama's leadership style, excessive executive compensation, the challenges facing Detroit's automakers, China, and the role of greed in good times and bad.  This is the first part of the complete transcript of that interview, as provided by NBC News.

  • Dateline NBC aired portions tonight (Sunday) of an interview with Warren Buffett by Tom Brokaw. Buffett tells Brokaw that Barack Obama is the right "commander in chief for the economy" but warns that no one should expect a "miracle" turnaround in the next few months. The two men also covered many other topics, including Obama's leadership style, excessive executive compensation, the challenges facing Detroit's automakers, China, and the role of greed in good times and bad. This is the complete transcript of that interview, as provided by NBC News.

  • GM logo, General Motors logo

    Less than a month from today, GM and Chrysler will have to give the federal government an update on how they are doing in restructuring their companies.

  • webxtra_thumb.jpg

    "The last time they sold so few autos, there weren't highways across America," says Jeff Macke. In this Web Extra find out if that could signal a bottom.

  • On Friday, the US markets managed to close in positive territory for the day, however, they turned in their second-down-week in a row losing almost 3% or greater across the board, led by the S&P 500 Index.

  • GM logo, General Motors logo

    If you thought the auto industry and economy might be close to bottoming out and getting some traction, think again. The world's two largest auto makers are sending fresh signs that things will remain as bad, if not worse in 2009.

  • Gas-guzzlers

    If there was ever a time to take the plunge and by that new, or at least newer car, this could be it. Congress is considering a "Cash for Clunkers" bill and in my opinion this is the ultimate win/win for buyers, dealers, and the auto makers.

  • Yesterday's 250 point sell-off in the Dow was the sixth day in a row of losses, the longest losing streak since October 10, 2008 when the Dow lost 22% over an eight day stretch.  Since the start of the year, the Dow is down 6.6%, its worst Jan 1 - Jan 14 stretch ever.

  • Chrysler

    What do you think will happen to Chrysler? That question was flying around the Detroit Auto Show this weekend, and trust me, some of the predictions I heard in Detroit were doozies.

  • Cadillac Converj Concept

    I get the same question every year at the Detroit Auto Show: What was your favorite new car? My answer is almost always a model with an aggressive design and often it's a concept. This year, the Cadillac Converj stole my heart.

  • The Big Three

    The auto show is under way in Detroit. But this year it's about far more than just having good-looking models and high mileage. The auto industry faces an even bigger battle with perception.

  • The automobile industry may be rolling out electric cars in attempt to save their companies, but consumers have no incentive to buy the cars if an energy policy and a gas tax are not implemented soon, said Mike Jackson, CEO of AutoNation.

  • capital_money.jpg

    The Treasury Department is developing tools to measure whether banks that receive funds from the $700 billion financial industry rescue program are increasing lending.