(NEW YORK)Fitch Ratings on Tuesday downgraded GMAC LLC's issuer default and senior unsecured debt ratings further into junk, citing continued operating losses at the General Motors Corp. fin...READ MORE

(DETROIT)Bad news kept piling up for General Motors on Monday as its shares plunged to their lowest point in 60 years and some industry analysts predicted the automaker would collapse witho...READ MORE

(NEW YORK)Standard & Poor's Ratings Services on Friday cut its ratings for General Motors Corp. to "CCC+" from "B-," citing the automaker's mounting losses stemming from the continued indust...READ MORE

(DETROIT, Mich.)General Motors Corp. reported a $2.5 billion loss in the third quarter and warned Friday that it could run out of cash in 2009 if the U.S. economic slump continues and it doesn't g...READ MORE

(NEW YORK)Standard & Poor's on Thursday cut credit ratings on GMAC LLC further into "junk" status, citing the financial services company's dismal third-quarter earnings.READ MORE

General Motors Corp. reports earnings for its fiscal third quarter on Friday. The following is a summary of key developments and analyst opinion related to the period.READ MORE

(NEW YORK)Nissan Motor Co. said Friday it will begin offering zero-percent financing for five of its top-selling vehicles starting next week as it seeks to lift its U.S. sales and prove to c...READ MORE