Now that General Motors is on better financial footing and the automaker’s initial public offering of stock is behind it, CEO Daniel Akerson is reportedly seeking to have government restrictions on executive pay eased.
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The federal governments bailout program has earned the taxpayer nearly $35 billion in the last two years, The Associated Press said.
Income from the Troubled Asset Relief Program (TARP) rose by almost 17% through November compared with the estimate i…
Chinese car sales reached a record high in November as consumers rushed to take advantage of tax rebates and other government incentives.
Sales of passenger cars including multipurpose vehicles and SUVs jumped 29.3% to 1.34 million in November, Bloo…
GM is taking a big step toward making hydrogen-fueled cars and trucks a reality for consumers by partnering with a dozen companies to build more than two dozen fueling stations in Hawaii. The state is aiming to reduce oil to 70…
It’s traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery….