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…
General Motors’ Chevrolet Volt, the plug-in hybrid electric vehicle set to debut in the U.S. next month, won Green Car Journal’s 2011 Green Car of the Year award Thursday, beating out the Nissan Leaf, Lincoln MKZ Hybrid, Hyunda…
Ford Motor (F) will slash its stake in Mazda Motor to 3.5% from 11%.
The deal, which is expected to be completed Friday, will mean that Ford is no longer the top shareholder in Mazda, The Associated Press said. Ford has been Mazda’s biggest sharehold…
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…
When all is said and done, General Motors could easily vault to the top of the list, surpassing Visa’s IPO as the biggest U.S. company offering, and beyond Agriculture Bank of China as the biggest ever in the world. Here’s a lo…