General Motors Sales Climbed 11% in November

General Motors, fresh off its initial public offering, reported today that November sales rose 11.4% compared to the same month a year ago. Among its four core brands, Buick, Cadillac, GMC and Chevrolet, GM said sales rose near…

Toyota Sues Old GM for Exiting California Joint Venture

Toyota Motor is reportedly suing what remains of the discarded assets of the “old GM,” officially known as Motors Liquidation Co., for pulling out of the companies’ joint venture in California, a manufacturing plant known as Nu…

Toyota Sues Old GM for Exiting California Joint Venture

Toyota Motor is reportedly suing what remains of the discarded assets of the “old GM,” officially known as Motors Liquidation Co., for pulling out of the companies’ joint venture in California, a manufacturing plant known as Nu…

Obama Praises GM Bailout as Shares Gain 4% in IPO

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…