GM reportedly plans to raise the price range on its pending initial public of stock to as much as $33 a share. The increase to $31 to $33 a share from the initial $26 to $29 a share is being prompted by strong demand for the st…
The automaker plans to roll out its first all-electric passenger car in 20 U.S. cities late next year.
Continue reading Ford to Introduce Electric Focus in Key U.S. Markets in Late 2011
Ford to I…
Goldman Sachs Group won’t stop taking orders for General Motor’s initial public offering at noon Friday, the investment banking giant now says, despite an email sent by the bank to clients on Thursday that said it would, Dow Jo…
General Electric plans to purchase 25,000 battery-powered vehicles during the next five years for its own use and to lease to commercial customers.
Continue reading General Electric to Buy 25,000 Electric Cars …
General Motors plans to raise its stake in a joint venture that manufactures small passenger vans for the Chinese market.
Continue reading General Motors Boosting Stake in China Joint Venture
Gen…