GM Ends Upbeat Year With 7.5% Sales Rise in December

And for all of 2010, GM’s four core brands sold 118,435 more vehicles this year than the company did with eight brands in 2009. GM says it expects to gain total and retail market share for the year. In December alone, the autom…

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn’t stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the yea…

Fiat May Raise Its Stake in Chrysler to 51%

Fiat CEO Sergio Marchionne said Monday that he could increase Fiat’s ownership in Chrysler to more than 50% should America’s smallest domestic automaker seek to return to the stock market this year, but that he doesn’t plan to …

2010 Likely Busiest Year for Auto Recalls in Seven Years

2010 may be the year of the car recall, with the U.S.’s six-largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors…