GM’s IPO generated great excitement among investors, and it drew attention to how much the auto industry has changed. Less than 60 years ago, on Jan. 17, 1956, Ford Motor had its own IPO — the largest in history up to that tim…
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…
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…