General Motors Co


  • That hour of sleep you lost this weekend thankfully was not over the stock market's performance last week. After starting Monday on the edge of what could have been an ugly precipice, Wall Street by Friday recovered some of its losses and a good deal of confidence.

  • Chrysler Recalls SUVs After Dozens of Reported Fires Sunday, 11 Mar 2007 | 1:10 PM ET

    Chrysler Group said it would recall almost half a million vehicles, including recent models of the Jeep Liberty and Dodge Durango after reported fires and its new Dodge Avenger sedan because of faulty door latches.

  • Video Roundup: Going Green at Geneva Auto Show Friday, 9 Mar 2007 | 12:55 PM ET
    The new Subaru R1e Electric vehicle with rapid electricity charger is shown during the press day  at the 77th Geneva International Motor Show, Tuesday, March 6, 2007, in Geneva, Switzerland. The Motor Show will open its gates to the public from March 8 to 18. (AP Photo/Keystone, Martial Trezzini)

    The 77th International Auto Show in Geneva, Switzerland this year will no doubt be remembered by the presence of automakers exhibiting alternative powered technology.

  • On The Road To Cult Status Friday, 9 Mar 2007 | 11:04 AM ET
    1967 Ford Mustang

    Cult cars emerge regardless of marketing efforts and BMW's MINI is on the verge of joining the Ford Mustang and a select group of other autos that captured the imagination of car lovers.

  • Geneva Eye Candy, GM's Subprime Worries Wednesday, 7 Mar 2007 | 10:35 AM ET
    Diatto 2007

    If you've seen as many auto show's as I have, you rarely are impressed by the new models, displays, and "shows" put on by the automakers. Well, Geneva has changed that.

  • Daimler CEO Says Chrysler Won't be Auctioned: Paper Wednesday, 7 Mar 2007 | 6:05 AM ET

    DaimlerChrysler  will not auction off loss-making U.S. division Chrysler and could decide to keep the business at the end of a strategic review, Chief Executive Dieter Zetsche told a German paper.

  • DaimlerChrysler Chief Executive Dieter Zetsche said last month's announcement that all options are on the table for Chrysler has hurt the U.S. car maker's sales, CNBC's Phil LeBeau reported. "Yes, we have seen an impact," Zetsche told LeBeau in a 30-minute interview at the Geneva Motor Show.

  • GM CEO: Emerging Markets Encouraging for 2007 Tuesday, 6 Mar 2007 | 11:48 AM ET

    General Motors CEO Rick Wagoner told CNBC's "Worldwide Exchange" he predicts robust global sales growth in 2007, crediting the positive outlook to a strong product pipeline and solid performance in the emerging markets.

  • GM CEO: Emerging Markets Encouraging for 2007 Tuesday, 6 Mar 2007 | 9:55 AM ET
    This West Chester, Ohio-based steel company struggled in the first half of the year, posting a 37% decline year-to-date. Cramer didn't like this stock at first because it's not a vertically-integrated steel maker, meaning it doesn't have its own mines and needs to buy its primary raw materials. In other words, AK Steel's operating costs were very high.But Cramer thinks this stock could be poised for a turnaround, as those costs have since plummeted. He also likes the company's management, who reduced the employee headcount by 30% while maintaining the same production capacity. At the same time, the company has used more than $2 billion of internally generated cash to shore up its balance sheet. It has also managed to muddle through the recession without selling equity, issuing debt or cutting its small dividend, which has a 1.4% yield.

    General Motors CEO Rick Wagoner told CNBC's "Worldwide Exchange" he predicts robust global sales growth in 2007, crediting the positive outlook to a strong product pipeline and solid performance in the emerging markets.

  • What Traders Are Saying Behind Closed Doors Monday, 5 Mar 2007 | 8:36 PM ET

    The talk today is about Blackstone, Palm, Honeywell making flat panel TV's and more.  Find out what top traders say is the "real" word here.

  • The new warranty periods cover thousands of parts, from spark plug wires to crate engines, and will be applied to GM Performance Parts crate engines, transmissions and components installed in or bought after March 1, 2007, and is transferable to subsequent owners.

  • Blackstone in Hunt for Chrysler: Report Monday, 5 Mar 2007 | 10:10 AM ET

    Private equity firm Blackstone Group has emerged as a leading contender to buy the troubled U.S. division of German automaker DaimlerChrysler, The Detroit News reported on its Web site on Saturday, citing people familiar with the situation.

  • GM, Toyota Post U.S. Sales Increases for February Thursday, 1 Mar 2007 | 2:57 PM ET

    General Motors said on Thursday that its U.S. sales rose 3.4% in February, with an 11% increase in retail sales offsetting a reduction in fleet sales to daily rental companies. GM's Japanese rival Toyota Motor, meanwhile, reported a 12.2% sales spike for the month.

  • GM Requests SEC Extension for Filing Annual Report Thursday, 1 Mar 2007 | 11:57 AM ET

    The automaker said that it would not be able to file the 2006 financial report by the initial deadline of Thursday without "unreasonable effort or expense."

  • Why Not Tracinda? Wednesday, 28 Feb 2007 | 3:14 PM ET
    Dieter Zetsche, DaimlerChrysler CEO

    Two weeks after DaimlerChrysler CEO Dieter Zetsche said all options are on the table for a possible sale of the Chrysler Group, speculation about potential buyers is increasingly focused on private equity investors. Sources tell CNBC the two private equity firms showing the most interest so far are Blackstone and Cerberus Capital.

  • Retail Auto Sales-Troubling Trends for Big 3 Wednesday, 28 Feb 2007 | 10:39 AM ET

    As we wait for the February auto sales and word of whether or not foreign automakers will pass 50% market share in the U.S. for the first time ever, there's another number to watch. It's retail auto sales.

  • Wall Street took its worst beating in four years, as a sell off in the Chinese stock market triggered a global stock selling spree and raised fears of a slowdown in the world economy. "Asia sneezed and we all picked up a global chill," Frederic Dickson, Chief Market Strategist at D.A. Davidson, told CNBC.com.

  • Toyota Expands While Big Three Pay More Tuesday, 27 Feb 2007 | 10:25 AM ET

    Ever since I've started this blog, I've heard from a number of readers who think I'm biased in favor of Toyota. Well, if you are one of those people, you are not going to like today's post. Later today, Toyota will announce plans to build it's 8th North American final assembly plant. It will be located just outside Tupelo, Mississippi and should open in early 2010.

  • Chrysler Sale Options Monday, 26 Feb 2007 | 10:21 AM ET

    As DaimlerChrysler begins to move forward with the possible sale of it's Chrysler division , two things are clear. First, there are a number of options for selling off the American automaker. Second, the leaks out of Europe continue to push GM as the most likely buyer.

  • Your Car's Mileage Estimates/New Interest In Chrysler Friday, 23 Feb 2007 | 12:50 PM ET

    If you are in the market for a new car or truck, your may have been wondering why the sticker's on the windows show MPG estimates that are not overwhelming. In fact, they are lower than the previous estimates. It's the change brought on by the EPA's new system for estimating mileage...