DETROIT (AP) — General Motors picked Mary Barra, its product development chief and a 33-year company veteran, as its next CEO. Barra will become the first female head of a major U.S. car company. GM […]
DETROIT (AP) — The U.S. government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse. Treasury Secretary Jacob Lew announced Tuesday that […]
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.