GENERAL MOTORS

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Auto sales in Jan show unusual strength

Major automakers reported a nearly 12 percent gain in U.S. sales in January, a surprisingly strong showing driven by the growing need for American drivers to replace aging cars and trucks.

Ford, Chrysler Jan U.S. sales jump; GM slips

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Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its largest rival General Motors Co lost ground in a month marked by modest growth.
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Ford, Chrysler January sales jump

Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its larger domestic rival General Motors Co lost ground in a month marked by modest growth.
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Charles Pugh

Detroit's best-dressed man aims to mend Motown

The Big Three U.S. automakers may be on the rebound but the original Motor City, Detroit, is still battling to turn the tide of decline. One of the people leading the fight is Charles Pugh.
File photo of General Motors logo outside its headquarters at the Renaissance Center in Detroit

$132.9 Billion Owed to Taxpayers from Bailout, Some Won't Be Recovered: Report

U.S. taxpayers are still owed $132.9 billion by companies that benefited from the financial bailout and haven't fully repaid. Some of that money will never be recovered, a government watchdog said. Christy Romero, the acting special inspector general for the $700 billion bailout, has said the bailout that began in September of 2008, could actually last for several more years.
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Ford Accounting Change Signals Profit Outlook

Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker's belief it can remain profitable.
Chevrolet Volt

Chevy Volt Passes Battery Test: Saves the Electric Car

The Chevy Volt got a regulatory boost Friday after the National Highway Traffic Safety Administration concluded that Chevy Volts - and electric vehicles in general - did not pose additional fire safety risks, thereby saving the emerging auto market from becoming roiled in red tape.
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Probe of Chevy Volt fires closed

The government on Friday closed its investigation of Chevy Volt battery fires, concluding that there is no defect trend and that electric cars do not pose a greater risk of fire than gasoline-powered vehicles.
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U.S. closes probe of Chevy Volt fires

The U.S. government on Friday closed its investigation of Chevy Volt battery fires, concluding that there is no defect trend and that electric cars do not pose a greater risk of fire than gasoline-powered vehicles.
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U.S. Stock Futures Point to Higher Open

Stock index futures pointed to a slightly lower open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.02 to 0.2 percent.

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