general motors gm

Ford's dramatic turnaround has captured the attention of investors and car buyers alike. The only major American automaker to ride out the crisis without government assistance, Ford has returned to solid profitability with a slew of impressive new products. Investors take note.

When General Motors has its initial public offering, its shares will likely price at $20 to $25 each, according to chairman Ed Whitacre.

An auto plant in Fremont, Calif. that may have saved the U.S. auto industry when it reorganized in 1984 is closing this week, giving its 3,700 union workers an average $54,000 severance as it lays them off. The 4,700-employee plant, called the New United Motor Manufacturing Inc., or NUMMI, is...

Last fall, I suggested that General Motors Corp. (GM) ought to follow a six point restructuring plan. One of those steps was to can GM's CEO Rick Wagoner. Under his tenure, which began in 2000, GM's stock has lost 95 percent of its value and GM has posted $30 billion in 2008 losses while presiding...