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GM


GM leads way into downward spiral as auto anxiety soars

9:53 AM Fri, Jun 27, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The Detroit auto industry appeared to be imploding Thursday, according to USA Today. Shares of General Motors (GM) stock hadn't traded so cheaply since the......

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Will Hummer end up in Asia?

10:12 AM Thu, Jun 19, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The Hummer brand could be sold in the near future and if it is, analysts say the buyer won't be a familiar one but instead......

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GM says 19,000 US hourly workers taking buyout offers

2:59 PM Thu, May 29, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors Corp. said Thursday that a quarter of its U.S. hourly workers will take the company's latest buyout and early retirement offers,......

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Backseat Driver: GM's Malibu hit by UAW strike

4:47 PM Tue, May 06, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The United Auto Workers' trike against General Motors' Fairfax plant near Kansas City could not come at worse time for the company because it affects......

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GM Slashing Truck Production; Worse May be Coming

1:21 PM Wed, Apr 30, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The worsening U.S. economy is forcing General Motors to slash production of its big pickups and SUVs. It will trim operations at four key truck......

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GM loses $3.3 billion in 1Q, lowers sales outlook

1:18 PM Wed, Apr 30, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors Corp. struggled to a $3.3 billion first-quarter loss, due in part to a weak U.S. market, a strike at a major......

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Toyota takes 1Q world sales lead from General Motors

11:13 AM Wed, Apr 23, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Toyota has taken the global automotive sales lead from General Motors, selling 2.41 million vehicles to GM's 2.25 million over the first three......

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