GeneralMotors

General Motors Is Making Profitable Progress in U.S., China

Thanks to strong new products, hard work, and the American taxpayer, GM continued its profitable ways in the first quarter. The world's largest automaker reported a profit of $1 billion on the strength of its operations in the U.S. and China.

Government Motors: Why Won't D.C. Sell Its GM Stock?

Thanks to TARP loans that saved GM, the Treasury ended up with a major stake in the world's largest automaker, and it still holds 500 million shares -- 32% of the company. Here's the reason it won't be selling them any time soon.

Tomorrow's Camaro: How GM Will Tone Up Classic Muscle Car

General Motors really wants you to love the Chevy Volt, but the GM car everyone actually lusts after is the Camaro. Now, with automakers under pressure to improve fuel economy, GM faces a challenge -- how to update a gas-guzzling icon for a greener world.

What Today's Booming Auto Sales Mean for Car Shoppers

U.S. car sales just hit their highest level in four years, and that's good news for economy watchers. Falling unemployment, more cooperative lenders, and rising consumer confidence all contributed to the boom. So if you're looking to buy, what does this all mean for you?

GM Posts Record Earnings: Is It Ready to Repay Bailout?

2011 was the most profitable year in General Motors' history. Thanks in large part to the $50 billion government-assisted restructuring it received, GM's U.S. operation is in good shape. So is it ready to fully pay back Washington now? Well, that depends on Europe.

New Cadillac ATS Takes Bold Aim at BMW 3 Series

BMW's 3 Series is the undisputed global king of the entry-level luxury sedans, but GM is looking to stage a bit of a coup with its Cadillac ATS. The car has all the right moves, inside and out -- but there's one thing missing.

Car Wars: Why GM's a Better Buy Than Ford

It's an obvious, inevitable question: GM or Ford? On one view, Ford -- with its solid line of hit products and bailout-free balance sheet -- is the fiscally responsible choice. But the company known until recently as "Government Motors," trading right now in the low $20 range, is turning itself around and qualifies not only as a buy, but a steal.

The Best Used Car Deals are Made in the USA

The market for used cars is white-hot, and lists of the best models tend to favor brands like Toyota, Lexus, and Honda. But there are better bets for those who don't want to pay a premium for a reliable ride -- if they're willing to buy American: Increased quality plus compromised reputation equals value.

Soaring Oil Sends Stocks Sliding and Gold to a Record

The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to suffering broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news.

Loyalists Hope Spyker Gives Saab Story a Happy Ending

Less than a year after Saab was given up for dead when GM couldn't find a buyer, and five months after it was acquired by Dutch automaker Spyker, the quirky Swedish car's biggest fans are feeling a bit more optimistic about the brand's future.

Does the latest GM recall affect you?

General Motors announced very early this morning that it is recalling 1.3 million compact cars in North America due to a power steering problem...

Stick a fork in General Motors

Auditors aren't always right, but if they have even a small clue right now, General Motors is almost done. GM filed its most recent annual report...

Caterpillar cutting pay at the top

I don't know how much money it will save, but at least Caterpillar Inc. is making a move that might improve employee morale by announcing it will cut...

AIG execs getting large payouts

American International Group, the insurer getting a $152 billion federal bailout, disclosed it will pay approximately $3 million to several...