DETROIT - General Motors earned its largest profit ever in 2011, two years after it nearly collapsed. Strong sales in the U.S. and China helped the carmaker turn a profit of $7.6 billion.
After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 - the result of easier credit, low interest rates and pent-up demand.
NEW YORK - General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company's CEO said Thursday.
DETROIT - For a century, Chevrolets have won America's love with their safety, convenience, style and speed - even if sometimes they were clunky or had problems with rust or their rear suspensions.
General Motors Co.'s finance chief, who guided the company to its first profitable year since 2004, is leaving after being passed over for the CEO's job.
DETROIT --- In the doomsday scenario raising anxiety around the Motor City, General Motors Corp. makes a deal for Chrysler LLC, and thousands of Chrysler's 66,409 employees lose their jobs as ...
DETROIT - Ford Motor Co. has received several bids for its Jaguar and Land Rover units, but a spokesman said they are preliminary and no sale of either British automaking business is imminent.
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