General Motors’ share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.
Continue reading GM’s Market Share Hovers Near Record Low
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Daimler AG (DDAIF) denied that is in talks with Fiat SpA (FIATY) about taking over the Italian carmaker’s industrial operations.
“There are no talks on this with Fiat,” Daimler spokesman Florian Martens told Bloomberg News. “In our industry at this t…
China’s SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM’s stakeh…
U.S. auto sales started off strong over the Labor Day holiday weekend, but have since dropped significantly, according to analysis by car-buying guide Edmunds.com.
Continue reading After Strong Start, U.S. Auto…
Toyota has asked a federal judge to dismiss hundreds of lawsuits over problems with unintended acceleration in its vehicles. The world’s largest automaker says such complaints are based on anecdotes, and fail to identify specif…