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  • CARACAS, April 28- The Venezuelan division of General Motors Co has sacked 13 percent of its workforce and the local Ford Motor Co plant has halted operations as a shortage of hard currency has left the companies unable to acquire parts, a union leader said on Tuesday. A representative for General Motors de Venezuela said the company had no comment.

  • Midday Glance: Autos companies Tuesday, 28 Apr 2015 | 1:50 PM ET

    Ford Motor Co. fell$. 11 or. 7 percent, to $15.80. General Motors Co. fell$. 12 or. 3 percent, to $35.66. Honda Motor Co. fell $2.93 or 8.1 percent, to $33.29.

  • Early Glance: Autos companies Tuesday, 28 Apr 2015 | 10:39 AM ET

    General Motors Co. fell$. 28 or. 8 percent, to $35.50. Honda Motor Co. fell $2.32 or 6.4 percent, to $33.90. Toyota Motor Corp. rose $1.57 or 1.1 percent, to $142.23.

  • Seeking answers to getting recalled cars fixed quickly Tuesday, 28 Apr 2015 | 9:45 AM ET

    Mark Rosekind, head of the National Highway Traffic Safety Administration since December, wants to get that repair rate to 100 percent. General Motors, fined $35 million by NHTSA for moving too slowly to recall about 2.6 million small cars with faulty ignition switches, was praised for using new methods to reach owners. The defective switches caused numerous...

  • Ford Motor misses on top and bottom line Tuesday, 28 Apr 2015 | 8:06 AM ET
    An employee walks past a Ford logo in the yet-to-be-completed engine production line at a Ford factory on January 13, 2015 in Dagenham, England.

    Ford delivered earnings fell short of analysts' expectations, as it sold fewer vehicles in North America due to the rollout of the F-150 pickup truck.

  • April 28- Ally Financial Inc, the largest U.S. auto lender, reported a quarterly profit that more than doubled, helped by a one-time after-tax gain of about $400 million, related to a stake sale in its joint venture with a Chinese auto lender. Net income rose to $576 million, or $1.06 per share, for the first quarter ended March 31, from $227 million, or 33 cents per share, a...

  • DETROIT— Ally Financial, the former lending arm of General Motors, said its quarterly profit more than doubled, thanks mainly its sale of a stake in an auto-loan company in China. The results beat Wall Street's expectations, and drove the lender's stock up 49 cents, or 2 percent, to $20.80 in early trading Tuesday morning. The average estimate of eight analysts...

  • April 28- Ally Financial Inc, the largest U.S. auto lender, reported a quarterly profit that more than doubled, helped by a one-time after-tax gain of about $400 million, related to a stake sale in its joint venture with a Chinese auto lender. Net income rose to $576 million, or $1.06 per share, for the first quarter ended March 31, from $227 million, or 33 cents per share, a...

  • But the Dearborn automaker says the picture should improve as the year progresses, and it's still aiming for a full-year pretax profit of $8.5 to $9.5 billion, up from $6.3 billion in 2014.. First-quarter earnings of 23 cents per share compared with earnings of 25 cents per share in the same quarter a year ago. Revenue fell by 5 percent, or $2 billion, to $33.9 billion.

  • Final Glance: Autos companies Monday, 27 Apr 2015 | 6:06 PM ET

    Ford Motor Co. rose$. 13 or. 8 percent, to $15.90. General Motors Co. rose$. 19 or. 5 percent, to $35.78. Honda Motor Co. fell$. 14 or. 4 percent, to $36.22.

  • NEW YORK, April 27- Bankruptcy lawyer Harvey Miller, who led Lehman Brothers through its record-breaking Chapter 11 case starting in 2008, has died at 82 after a battle with ALS, his law firm, Weil Gotshal& Manges, announced on Monday. After joining Weil in 1969, Miller built the firm's bankruptcy practice into a global powerhouse, playing key roles in the...

  • Midday Glance: Autos companies Monday, 27 Apr 2015 | 1:50 PM ET

    Ford Motor Co. rose$. 15 or 1.0 percent, to $15.92. General Motors Co. rose$. 25 or. 7 percent, to $35.84. Honda Motor Co. rose$. 01 or percent, to $36.37.

  • VW chairman quits, but questions over future remain Monday, 27 Apr 2015 | 12:05 PM ET

    FRANKFURT, Germany— Volkswagen's patriarch has left the building. Ferdinand Piech shaped the company's destiny for more than 25 years. Piech had criticized CEO Martin Winterkorn in an interview with Germany's Der Spiegel magazine, saying he was "at a distance" from him.

  • Early Glance: Autos companies Monday, 27 Apr 2015 | 11:25 AM ET

    Ford Motor Co. rose$. 08 or. 5 percent, to $15.85. General Motors Co. rose$. 15 or. 4 percent, to $35.74. Toyota Motor Corp. fell$. 21 or. 1 percent, to $141.00.

  • GM ignition switch death toll rises to 90 Monday, 27 Apr 2015 | 11:03 AM ET

    DETROIT— Families of at least 90 people killed in crashes caused by defective General Motors ignition switches will get compensation from the automaker. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday. The fund received 4,342 claims by the Jan. 31 deadline. Twenty-three percent are still under review.

  • Volkswagen looks beyond boardroom struggle Monday, 27 Apr 2015 | 4:43 AM ET
    Volkswagen AG Chairman Martin Winterkorn speaks at the company's annual press conference to announce financial results, March 13, 2014, in Berlin.

    Volkswagen said in a statement that Ferdinand Piëch would resign as chairman of the automaker's supervisory board.

  • HAMBURG/ FRANKFURT, April 25- Ferdinand Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown he had provoked with Chief Executive Martin Winterkorn, ending an era at the iconic German carmaker. Piech, the 78- year-old grandson of the inventor of the Volkswagen Beetle Ferdinand Porsche, had...

  • Final Glance: Autos companies Friday, 24 Apr 2015 | 8:08 PM ET

    Ford Motor Co. rose$. 01 or. 1 percent, to $15.77. General Motors Co. fell$. 33 or. 9 percent, to $35.59. Honda Motor Co. rose$. 26 or. 7 percent, to $36.36.

  • Midday Glance: Autos companies Friday, 24 Apr 2015 | 1:36 PM ET

    Ford Motor Co. rose$. 00 or percent, to $15.76. General Motors Co. fell$. 34 or. 9 percent, to $35.59. Honda Motor Co. rose$. 26 or. 7 percent, to $36.36.

  • Most active New York Stock Exchange-traded stocks Friday, 24 Apr 2015 | 1:36 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 1 percent to $34.27 with 24,327,600 shares traded. Bank of America Corp. fell. 3 percent to $15.65 with 22,512,500 shares traded.