General Motors | featured news

General Motors' U.S. sales of cars and truck jumped 27 percent in April as the economy continued to improve and $4 a gallon gasoline pushed buyers into more efficient vehicles.

General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota, which has been hurt by production problems since the Japanese earthquake and still can't escape the shadow of major safety recalls....

Taxpayers won't foot the bill for raises for the chief executives at any of the four firms—GM, Chrysler, AIG, Ally Financial—still receiving assistance under the federal bank bailout.

Analysts project that sales will increase across the industry, despite worries about rising gasoline prices and production stoppages in Japan.

General Motors on Tuesday reported that U.S. sales jumped 49 percent last month, aided by sweeter financing and lease deals that drew a response from other major automakers.

In an impressive comeback from bankruptcy, General Motors last year posted its first annual profit since 2004....

General Motors Co is recalling over 44,000 Cadillac CTS sedans for a flaw that could cause one of the rear wheels to become unstable.

General Motors said the payments, worth “upwards of $4,000” for hourly workers, were the largest profit-sharing checks in the automaker’s history.

General Motors is planning to pay its hourly workers in the U.S. at least $3,000 each under a profit-sharing provision in its UAW contract.

General Motors said that 90% of GM dealers are reporting profits, up from 40% at the end of 2009.