Tesla Motors has signed a $60 million contract with Toyota Motor to develop an all-electric version of the popular RAV4 compact sports-utility vehicle, Tesla said Wednesday.
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General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
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General Motors unveiled plans Thursday to build a new compact Buick sedan at an idled plant in Michigan that once built Pontiacs. The automaker will invest $145 million to retool the Orion Assembly plant, which will build the n…
When GM told David Derringer of Virginia that it wasn’t going to reimburse him for the cost of a power steering pump, he didn’t just give up. He got into his GMC pickup and took a drive — to GM’s headquarters in Detroit.
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Auto sales turned in a strong performance in September. “People seem to be saying, ‘It’s not as quite as scary anymore,'” says Arthur Wheaton, automotive analyst at Cornell University’s ILR School.
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