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 …
With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.
Continue reading Ge…
After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to stay on course when it reports its latest earnings Wednesday.
…
Stock in Ford hit levels not seen since the summer of 2004 Thursday, a day after the Dearborn, Mich., automaker reported solid sales for the month of October. The stock rose as much as 4.3% to $15.83 a share in morning trading …
Buoyed by consumers’ increased confidence in the U.S. economy, most automakers reported higher sales of cars and trucks in the U.S. during October compared to a year ago — making it the best October in three years for the auto…