DETROIT (AP) — The U.S. government’s foray into the car business is slowly coming to an end. The Treasury Department said that it will sell its remaining stake in General Motors in the next year or so, winding down a $50 billion bailout
DETROIT (AP) — General Motors is offering generous deals on Chevy Silverado and GMC Sierra pickup trucks after they piled up on dealer lots.
GM is matching or beating discounts from rivals Ford and Chrysler this month. It miscalculated in November when it reduced incentives and truck buyers went looking elsewhere for sweeter deals.
TAMPA, Fla. (AP) – Mitt Romney is focusing on the key state of Florida, where he’ll hold three full-blown campaign events today. Romney has been moving cautiously this week, still campaigning while trying to show […]
DETROIT (AP) – Federal safety regulators are investigating complaints that Jeep Patriot SUV engines can stall without warning at highway speeds. The probe by the National Highway Traffic Safety Administration affects about 112,000 Patriots from […]
DETROIT (AP) – Americans found plenty of reasons to buy new cars in September, and that made auto sales a bright spot in the economy for yet another month. Sales rose for most automakers, led […]
TORONTO (AP) – The Canadian Auto Workers union says it is “very close” to reaching a deal with Ford as a midnight strike deadline looms with all three of Detroit’s automakers. CAW spokeswoman Shannon Devine […]
DETROIT (AP) – After years of sputtering, sales of big pickups kicked into overdrive last month. Demand for full-size pickups jumped 16 percent, helping make August the strongest month for U.S. auto sales in three […]
DETROIT (AP) – The big U.S. car companies are all reporting sales gains for August. Ford says its sales rose 13 percent on strong demand for pickups and new SUVs. Sales of the F-Series pickup […]
(AP) – Chrysler is recalling more than 1,400 Dodge Durango SUVs because the rear side air bags may not work in a crash. The company says in documents posted on the National Highway Traffic Safety […]