Buoyed by stronger demand for pickups and crossover, GM said today that October sales increased 3.5% compared to a year ago. Excluding its discontinued brands, sales of Buick, Cadillac, GMC and Chevrolet models rose 13% for the…
Toyota has asked a federal court to dismiss lawsuits seeking damages related to the recall of millions of vehicles for possible unintended acceleration. The automaker has a simple argument: No one has ever demonstrated what is …
Carmakers are expected to report a mixed picture for October sales: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year forecasts is reachable.
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The automaker said it will repay $2.8 billion it owes to the United Auto Workers retiree health care trust, buy back $2.1 billion in common stock held by the federal government and make a contribution valued at $6 billion to it…
General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.
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