Or will it disappoint? Investors — and taxpayers — will be watching on Thursday, when GM posts its latest earnings. Despite analyst expectations of a full-year profit, the automaker has warned that fourth-quarter results will…
Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM sa…
With U.S. automotive dominance waning, a new moniker has emerged: the “Detroit Three.” Still, don’t count out Ford, GM or Chrysler. Their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can…
Chrysler has finally decided to jump on the hybrid bandwagon, announcing Wednesday that it is working with the EPA to develop a hydraulic hybrid powertrain for its vehicles. The system, which stores energy derived from vehicle …