Buick

Lexus Tops Consumer Reports' Brand Report Card

Lexus topped the rankings in Consumer Reports's 2013 automotive brand report card. Detroit automakers didn't fare very well -- Cadillac's 14th place tie was the best for U.S. brand -- while Japanese automakers again dominated, taking eight of the top 10 spots.

China Slams the Brakes on GM's Accelerating Car Sales

Even when GM was in trouble at home, it was still the No. 1 automaker in what's now the world's largest car market: China. Its market share there continues to grow, and China is a key to GM's global strategy -- which is why new policies there will hurt GM more than its rivals.

Total Recall: GM, Phillips and Miss Bonnie's

General Motors has called back thousands of Impala and LaCrosse sedans for potential fire hazards and stability-control systems. Meanwhile, Philips calls back a compact fluorescent light that can cut. And Miss Bonnie's Gourmet warns that its cheese spread could be contaminated with salmonella.

Joe Mantegna of Cars 2 Is Driven to Be Money-Smart

Actor Joe Mantegna has made a living at make-believe for more than 40 years. But though he could probably afford to splurge, he swears by a get-real financial credo. "Always live within your means," said Mantegna, the voice of Grem the mobster in "Cars 2," which opens Friday.

GM Drives Toward Profits in Growing China Market

The Chinese auto market is growing at a blistering pace despite concerns about the withdrawal of government incentive programs and the supply chain disruption from the tragic Japanese tsunami. Trefis thinks GM will be one of the main beneficiaries of this growth.

February's Sales Put Carmakers in the Fast Lane

It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.

GM's February Gain Outpaced Forecasts

Consumers snapped up new GM models despite the steadily rising price of gas. GM said Tuesday that it sold 207,028 vehicles during the month, exceeding analyst expectations. The increase was driven largely by a 70% jump in retail, or individual consumer, sales.

February Auto Sales Likely Kept Zipping Along

Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago as consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.

General Motors Sales Rose 22% in January

General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, "crossover" vehicles and trucks, the automaker said Tuesday. Each of the automaker's four divisions recorded higher sales for the month.

January Auto Sales Should Build on 2010's Momentum

A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.

No Longer the 'Big Three,' but They've Stopped Shrinking

With U.S. automotive dominance waning, a new moniker has emerged: the "Detroit Three." But don't count out Ford, GM or Chrysler -- their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can be profitable selling fewer cars.

Ford and Toyota Debut New Electric and Hybrid Vehicles

New models from Ford and Toyota drew the hottest interest Monday as the North American International Auto Show opened in Detroit: Each announced several electric and hybrid vehicles, including an electric Focus and a plug-in Prius.

Upbeat Consumers Push Auto Sales Higher

The nation's automakers ended 2010 on an upbeat note with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting car dealer showrooms in December, likely propelling auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.

U.S. November Auto Sales Show Plenty of Zip

It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.

Trucks and SUVs Should Fuel November Auto Sales

Rising confidence among U.S. consumers is expected to translate into healthier numbers for the nation's automakers when they report November sales figures Wednesday. Domestic automakers fared better than their foreign counterparts as sales rebounded further from last year's anemic levels, according to analysts.

General Motors Shares Priced at $33 for IPO

After months of anticipation General Motors has priced its stock at $33 a share in its initial public offering slated to begin official trading Thursday in New York. The figure is at the high end of the offer, which in recent days saw its range rise from the initial range of $26 to $29 a share. The Detroit automaker is looking to raise nearly $23 billion through the sale of a combination of both common and preferred shares.

GM's IPO: Recovery -- Not the End of the Road

Considering where the iconic carmaker has been in recent years, the pending IPO -- and robust investor demand for shares -- is a remarkably positive step. But GM still has plenty of problem spots that will need fixing if this historic event is to have lasting meaning.

GM Recalling 14,245 Vehicles to Fix Potential Fire Problem

General Motors will recall 14,245 Cadillac DTS and Buick Lucerne cars with V8 engines because of a potential problem with the starter and alternator cables that can cause fires. The cables can come into contact with the power steering return line, GM said in a statement. This can lead to a leak in power-steering fluid, battery drain and a hole in the line.

GM Earnings Preview: A Third Straight Profit?

After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to report a third profitable quarter Wednesday.

October Car Sales Point to an Auto Rebound

Buoyed by consumers' increased confidence in the U.S. economy, automakers with few exceptions reported higher sales of cars and trucks in the U.S. during October compared to a year ago.

October Auto Sales: Is the Market Improving?

Automakers on Wednesday are expected to report a mixed picture for October: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year sales forecasts of 11.5 million to 12 million units is reachable.

Deadline Looms for Laid-Off GM Workers to Claim Ohio Jobs

Autoworkers laid off from a General Motors plant in Orion Township, Mich., have until the end of the day Tuesday to decide whether to take jobs at the automaker's Lordstown assembly plant, some 250 miles away in neighboring Ohio.

Auto Industry Cruises on Slow, Steady Demand

Though vehicle sales have underperformed some analyst expectations in recent months, results are much improved compared to those of a year ago. The industry is seeing a broad trend that is benefiting nearly all automakers.

GM Unveils Plans for New Compact Buick Sedan

General Motors unveiled plans Thursday to build a new compact Buick sedan at an idled plant in Michigan that once built Pontiacs. The automaker will invest $145 million to retool the Orion Assembly plant, which will build the new Buick Verano sedan as well as a yet-unnamed small Chevrolet car, GM said during a press briefing at the plant, about 40 miles north of Detroit.