Luxury automakers Jaguar and Volvo are each recalling about 6,000 recently made automobiles to repair faulty windshield wipers and fuel systems, respectively, according to a notice Monday from federal safety officials.
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Toyota is asking a federal court in California to dismiss lawsuits claiming that electronics — not floor mats or sticky gas pedals — are the cause of unintended acceleration in its vehicles, saying plaintiffs have not proved …
Following General Motors’ historic return as a publicly traded company Thursday, President Obama said the U.S. government, despite the many critics, is on track to more than recoup the nearly $50 billion it invested in the Detr…
After months of anticipation General Motors has priced its stock at $33 a share in its initial public offering slated to begin official trading Thursday in New York. The figure is at the high end of the offer, which in recent d…
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…