General Motors, Gm | featured news

General Motors said it would put $2.6 billion into its Opel and Vauxhall units and reduce the amount it is seeking from European governments.

General Motors Co. said Monday it will recall 1.3 million Chevrolet and Pontiac compact cars sold in the U.S., Canada and Mexico to fix power steering motors that can fail.

GM is looking at two offers for its Hummer brand after a deal to sell the line of sport utility vehicles to a Chinese manufacturer collapsed this week.

The automaker says it's unable to complete a deal to sell its SUV brand to a Chinese industrial company. It plans to wind down Hummer operations, which would affect about 3,000 workers.

A Wisconsin dad drives all the way to Kansas each week to hang on to a job in tough times.

General Motors chairman and chief executive, Ed Whitacre, Jr. will receive a compensation package worth $9 million, the automaker said Friday.

US auto sales rose in January but were tempered by Toyota Motor Corp. (TM), which suffered a sales slide late in the month from a recall that led the auto maker to halt sales of more than half its vehicles.

Since his Thanksgiving car crash and subsequent exposures of infidelity, Tiger Woods has been quickly dropped by longtime sponsors such as Accenture and Gatorade.

GM's Swedish brand remains hopeful a sale can be agreed to keep it alive, even though it is still preparing to wind down operations.

GM said Monday it had hired Chris Liddell, the chief financial officer of Microsoft, as its new finance chief, filling a key position with the automaker's highest-profile hire since its July bankruptcy.