Has the Chevy Volt saved GM?
General Motors is, shockingly, the toast of Wall Street, and its plug-in hybrid the unlikely "Car of the Year." Is GM truly back on its feet?
General Motors had a good Tuesday: As it emerges from bankruptcy, demand for its big IPO on Thursday is so high that the company upped the price and amount of stock issued, meaning the U.S. government will be a smaller (and richer) minority shareholder by week... More
Did GM 'lie' about the Chevy Volt?
Critics are blasting GM after discovering the Volt is partially powered by a gas motor and that mileage claims may be overstated
With the much-anticipated Chevrolet Volt due out in December, General Motors is scrambling to counter an unexpected barrage of negative, last-minute publicity. Auto critics who finally got a test drive were livid when they discovered the Volt sometimes is partially... More
Is GM ready to go public again?
Just a year after it went bankrupt, the auto giant is set to make one of the largest IPOs in history. Too soon?
If all goes according to plan at General Motors, shares of the company's stock will soon be trading once again on the New York Stock Exchange. The automaker, which declared bankruptcy in 2009 and is today 61 percent owned by the U.S. government, hopes to raise... More
Rush Limbaugh vs. the Chevy Volt
The conservative radio broadcaster says GM's electric car is a taxpayer-subsidized lemon. Why is Limbaugh so down on the Volt?
As General Motors tries to sell American drivers on its first mass-market electric car, the Chevrolet Volt, the beleaguered automaker has run up against a loud and powerful foe — Rush Limbaugh. The king of conservative talk radio has dismissed the Volt as... More
Is the Chevy Volt worth $41,000?
Some say the sticker price of General Motors' first mass-market electric car — significantly higher than its rivals — may doom it to failure
Environmental consciousness often comes at a relatively steep price — $41,000 in the case of the Chevrolet Volt, due to hit showrooms later this year. Though a $7,500 federal tax credit will reduce the cost of General Motors' first mass-market electric car... More
Why is GM profitable again? 5 Theories
GM's gone from an embarrassing U.S. bailout to its first profit in years — and commentators have no shortage of explanations
Just a year after General Motors' humiliating slide into bankruptcy and 61 percent U.S. government ownership, the former No. 1 automaker actually turned a profit — its first since 2007. GM earned $865 million in the first quarter, compared with a $6 billion... More
The Hummer: Good riddance?
GM is shuttering its Hummer division after failing to sell it to the Chinese. Is there hope for planet Earth after all?
Say goodbye to the ultimate symbol of America's love affair with pseudo-militaristic "off-roading": General Motors announced plans to shut down Hummer. The news came after the pollution-wary Chinese government blocked GM's attempt to sell the division to a Chinese... More
Can General Motors rebound?
It repaid a bailout loan early, but GM has fallen off Fortune's Top 10 for the first time in a century — and some observers predict it may never get back in gear
A year ago, General Motors was teetering close to financial ruin, and — though things are starting to look up — the now-leaner giant has fallen from the top 10 of Fortune magazine's fabled 500 list for the first time in 101 years. The automaker has... More
Shakeup at GM
The automaker has ousted it's CEO after only 8 months. What does the future hold?
General Motors has capped a difficult year--which included filing for bankrupcy and closing down multiple divisions--with an anouncement that CEO Fritz Henderson is stepping down after only 8 months at the helm. Henderson's term has been marked by a number of soured... More
Follow Us: