GENERAL MOTORS

Detroit Economy Improving as Big Three Make Comeback

General Motors headquarters at the Renaissance Center in Detroit
Detroit's economy wasn't exactly in great standing before the housing bubble burst, before the automotive manufacturing that supports the community burst. It was already a case of haves, and have-nots. But when it all came crumbling down, with automakers slashing jobs and two filing for bankrtuptcy -- General Motors and Chrysler -- the shaky pedestal gave way.

2013 Buick Encore: Brand's First Small Luxury Crossover Revealed

Buick Encore
Buick, a GM brand, developed the new Encore to compete at a more upscale level than the Toyota RAV 4 or the Honda CR-V. Buick did not announce pricing for the Encore, but it is expected to be comparable with class products including the Audi Q3 and the BMW X1.
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Ford CEO Alan Mulally

Ford Takes Front Seat at Detroit Auto Show

As recently as when Bill Ford Jr., now the company chairman, was CEO of Ford and Rick Wagoner was CEO of GM, meetings meant Wagoner tried to claim the head seat at the table by virtue of his company's position as the largest automaker in Detroit. Bill Ford wasn't yielding, it's just that Wagoner had that expectation.
Traders work on the floor of the New York Stock Exchange

Stock Futures Edge up as Euro Leaders Meet, Alcoa Eyed

Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
General Motors

GM Cadillac ATS to Challenge German Luxury Brands

American automotive manufacturer General Motors (GM) has thrown down the gauntlet to reigning luxury brands in the market like German companies BMW and Mercedes Benz, by unveiling its compact Cadillac ATS sports sedan.
Dodge Dart

Detroit Auto Show Preview: Sustainability Prevailing Theme

It's about sustainability of profits, and sustainability through efficient products that contribute to both the broader environment and consumer benefit that will be at the heart of every automaker's presentations. America's Big Three, in particular, have revealed they are still among the biggest and best global forces to be reckoned with through profitability and strong, advanced product in the past year or two.
BMW

BMW tops Mercedes for US luxury car sales crown

BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor Corp's Lexus lineup.
Ford Focus

Detroit Auto Show: Carmakers Faring Better But Challenges Remain

As one analyst said, the U.S. market isn't the cash cow it once was, but it's still a mature and profitable market, as opposed to more volatile emerging markets, or stagnant ones in Europe, said Rebecca Lindland, an analyst with the consulting firm IHS Automotive, according to The New York Times.
Auto Expo

Global Carmakers to Go Greener at Delhi Auto Expo

Fuel-efficient cars and a slew of new SUV models will be unveiled at Delhi's Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales.
GM recalls 4,873 Sonic cars in U.S. and Canada

GM recalls 4,873 Sonic cars in U.S. and Canada

General Motors Co is recalling 4,873 of its current year Chevrolet Sonic subcompact cars in the United States and Canada for possible missing front brake pads, the company and federal safety regulators said on Friday.
Ford Fusion

U.S. Auto Sales Grow for Third Year, with 'no Clunkers'

A large part of Jesse Toprak's job as the chief automotive industry analyst for TrueCar.com is to advise consumers on which cars to target -- and the clunkers to avoid. In 2011, though, something changed within the United States automotive industry. There are very few, if any, clunkers.
GM Sonic

GM to showcase sporty Sonic at Detroit auto show

General Motors Co will unveil next month a sporty version of its Chevrolet Sonic subcompact car for the 2013 model year in a bid to make the 100-year-old brand more appealing to younger buyers.
Saudi Prince Alwaleed speaks at a news conference in Riyadh

Prince Alwaleed buys $300 million Twitter stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in Twitter for $300 million, gaining another foothold in the global media industry.

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