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General Motors is free of bankruptcy woes and back on top, reports Reuters. 2 billion dollars in third-quarter earnings (and a $ 1.20 earnings per share boost) back this up for GM. Thanks to this success, GM is optimistic [...]

GM has started an Impala recall. Possible seat belt defects are the trigger of the 300,000 car recall. A crash might cause improperly attached seat belts to come apart. You will find only two model years affected. GM will contact the owners.
Huge Impala recall
Over 300,000 automobiles are going to have to be repaired by General [...]

General Motors has just paid the U.S. Treasury back on some of the loans from the auto bailout. General Motors had previously been under Chapter 11 bankruptcy. It paid off portions of the loans with interest far ahead of schedule, so apparently they are doing well enough to pay back the overnight loans they got [...]

Ford has released details that it has seen improvements in it’s market share of the US. The US car manufacturer announced that they sold 155,954 vehicles in May. This figure is a 20% increase on April sales, however, it’s a 24% decrease on sales from the same month last year.
This rise in sales could be [...]

General Motors, one of the world’s largest carmaking companies, has filed for bankruptcy protection in America. For as long as cars have been around, General Motors (GM) has been one of the three largest producers of cars in America and one of the largest in the world. Now the car industry is on its knees, [...]