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Treasury Cuts Stake in GM to 7.3%

Treasury has sold another block of shares in General Motors, reducing its stake to 7.3 percent as it moves toward exiting its holdings in the automaker by the end of March.

GM Earnings Boast Strong Sales, Margins

General Motors Co. (NYSE: GM) reported second-quarter fiscal 2013 results before markets opened this morning. The automaker posted diluted earnings...

GM Automobile Sales at Five-Year High

Automaker General Motors Co. (NYSE: GM) said today that June automobile sales rose 6.5% this year, compared with June of 2012. The company sold a...

U.S. Treasury to Sell More GM Stock

The U.S. Treasury said this morning that it will sell another 30 million shares of stock in General Motors Co. (NYSE: GM) in conjunction with GM's...

May Auto Sales Bolster U.S. Economy

Higher discounts at some automakers, rising pickup truck sales and increasing consumer confidence pushed up car sales in May, giving the overall economy a shot in the arm.