General Motors Corp.

As Tesla taps capital markets for cash, share price could top $100

2013-05-17 10:25:00

Tesla Motors shares are trading at about $90 and could easily top $100, buoyed by its ability to tap capital markets for about $1 billion through its announced sale of stock and convertible notes. It is an impressive performance that will help the...

Stocks close higher on hopeful signs for the economy

2013-05-17 14:12:00

Encouraging news about the U.S. economy extended the stock market's rally Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily...

Honda to boost Acura brand, build new electric-augmented NSX in Ohio

2013-05-14 12:11:00

Honda's overhaul of its luxury Acura brand will include a redesigned and electric-augmented NSX supercar, which will be built in a $70-million refurbished plant in Marysville, Ohio. Acura sales in the U.S. were up 14% in the first four months of the...

Better than used: Certified pre-owned cars more popular, report says

2013-05-16 07:00:00

Used car sales were down overall in the first quarter of 2013, but certified pre-owned cars are more popular than ever, Edmunds.com says. Sales of certified pre-owned cars or CPOs, as the auto industry refers to them, were up 6.2% in the first quarter,...

When design leads function

2013-05-10 00:00:00

Chicago entrepreneurs Jason Lucash and Mike Szymczak managed to launch a line of audio products during the recession. Their folding cardboard speakers made Time magazine's 2009 list of best inventions. National television exposure on the "Today" show...

Tesla Motors posts first quarterly profit in its 10-year history

2013-05-09 00:00:00

For the first time in its 10 year history, electric car maker Tesla Motors Inc. turned a quarterly profit, beating analysts expectations for sales of its pricey luxury sedans. The Palo Alto automaker on Wednesday reported net income of $11.2 million, or...

Toyota annual profit more than triples, sales rise 18.7%

2013-05-09 00:00:00

Riding a wave of increased auto sales, a weakening Japanese yen and a fresh lineup of vehicles, Toyota Motor's profits more than tripled during its most recent fiscal year. The Japanese automaker said earnings for the fiscal year ended March 31 rose...

Toyota profit booms

2013-05-08 08:51:00

Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...

General Motors, Ford and Chrysler post strong April auto sales

2013-05-01 09:59:00

This posted has been updated. See the note at the bottom for details. Automakers posted their strongest April sales since 2007 as many reported double-digit gains with trucks and SUVs leading the surge. General Motors, Ford, Chrysler, and Nissan all...

Stocks open higher after GM, CBS earnings rise

2013-05-02 07:23:00

Stocks are opening higher on Wall Street, a day after the market's biggest fall in two weeks, after General Motors and other big companies announced higher profits. The Dow Jones industrial average rose 48 points to 14,747 shortly after the opening...

Bill Ford: The future of self-driving cars is closer than you think

2013-04-30 16:05:00

Ford Motor Co. has been making automobiles for more than a century, but only now are the company’s products on the brink of monumental changes, according to Executive Chairman Bill Ford Jr. “The car as we know it, and how it’s used in...

U.S. auto manufacturers score biggest April since 2007

2013-05-01 09:02:00

DETROIT — Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years. A rebound in pickup truck sales led the way, especially for the Detroit automakers....

General Motors is recalling more than 38,000 Buick LaCrosse models, seen here, as well as Chevrolet Malibu Eco and Buick Regal eAssist sedans. A faulty circuit board in the trunk can potentially lead to fire.

2013-05-06 10:30:42

General Motors unveils its new electric motor at its plant in White Marsh.

2013-04-16 00:00:00

Nearly a year after its split from Facebook, General Motors said Tuesday it has begun advertising again on the giant social network. It's testing mobile ads for its subcompact Chevy Sonic.

2013-04-09 14:46:00