GENERAL MOTORS

Ford Motor Co.'s Emblem

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

CAW Chooses Ford In Effort To Secure Pattern Contract

Ford Motor Co.'s Emblem
The Canadian Auto Workers, or CAW, will concentrate on the Ford Motor Co. (NYSE: F) as it attempts to negotiate a collective-bargaining agreement in the roughly 24 hours left before its fast-approaching strike deadline on Monday at 11:59 p.m. EDT.
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General Motors

GM Turns to China to Crack India's Tough Car Market

General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
US Auto Sales

US Car Sales Indicate Economic Recovery in August

Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.
U.S. President Barack Obama tours Hurricane Isaac damage and recovery while in Louisiana

Democrats Open National Convention, Push For Obama's Re-election

The Democrats have gathered in thousands at the downtown football stadium at Charlotte, N.C., for the three-day Democratic National Convention starting Tuesday. The Party unveiled its formal 2012 election policy, ahead of the convention Monday night, advocating the strengths of their presidential candidate incumbent Barack Obama over Republican rival Mitt Romney.
2012 Election

Five Reasons Why Obama Could Win The 2012 Election

He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
General Motors headquarters at the Renaissance Center in Detroit

Auto Bailout To Cost Extra $3.4B

The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
A123's Livonia, Mich. battery plant.

Wanxiang Lifeline For A123 Faces Anti-China Backlash

Chinese conglomerate Wanxiang Qianchao Co. (Shanghai: 000559) is offering a $450 million lifeline to struggling battery manufacturer A123 Systems Inc. (Nasdaq: AONE), but the deal is facing right-wing opposition in the U.S.
General Motors assembly workers Monique Watson and Evetta Osborne install an electric battery on the underside of a 2011 Chevrolet Volt electric vehicle at the Detroit-Hamtramck Assembly plant in Hamtramck, Michigan

General Motors’ Akerson Wants Company To Stop Being A Dinosaur

General Motors Company (NYSE: GM) chairman and CEO Dan Akerson seems to think that it is finally time for the company to leave the 1970s and enter the 21st century. He also implied that it was time for the nation's largest automaker to stop being a dinosaur, according to the Detroit News.
Saabs parked at FAPS storage facility in Newark

GM Calls Spyker's $3B Saab Lawsuit 'Baseless'

General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.

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