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GM: ‘Cadillac Is Back’

GM: ‘Cadillac Is Back’

Photo by Bill Pugliano/Getty Images(DETROIT) — General Motors reported Monday that its iconic luxury car brand is enjoying a bit of a comeback. So far this year, Cadillac sales have increased 38 percent, the biggest such jump since 1976.
“Cadill…

General Motors Unveils 2014 Corvette Stingray

General Motors Unveils 2014 Corvette Stingray

© General Motors(DETROIT) — General Motors unveiled its newly designed 2014 Corvette Stingray in Detroit on Sunday, on the eve of the North American International Auto Show.The Corvette features a 6.2-liter small-block V-8 engine with 450 horsepo…

US Auto Sales Reach Five-Year High

US Auto Sales Reach Five-Year High

KAREN BLEIER/AFP/Getty Images(NEW YORK) — U.S. auto manufacturers, as it turns out, did quite well in 2012.  Sales climbed 13.4 percent to 14.5 million cars and light trucks sold — a five-year high.It was a big year for Chrysler — the company i…

WATCH: Inside General Motors’ Top Secret Extreme Vehicle Tests

WATCH: Inside General Motors’ Top Secret Extreme Vehicle Tests

ABC News(NEW YORK) — General Motors is putting its vehicles through a series of extreme tests in a bid to make sure the cars — and the company — last.The grueling tests come after bankruptcy and a government bailout left American taxpayers with owne…

Auto Sales Hit Highest Level Since Early 2008

Auto Sales Hit Highest Level Since Early 2008

iStockphoto/Thinkstock(NEW YORK) — Car and truck sales in the U.S. have hit their highest level since February of 2008, according to Autodata. Of the Detroit three, Chrysler had strong sales, showing a 12-percent increase compared to a year ago. …

GM Recalls More than 426,000 Cars in US

GM Recalls More than 426,000 Cars in US

Bill Pugliano/Getty Images(DETROIT) — General Motors has recalled 426,240 vehicles in the U.S. because of a potential gear issue.
Affected GM models are all equipped with a 4-speed automatic transmission, and include the 2007-2010 Saturn Aura, the 200…

GM Recalls More than 426,000 Cars in US

GM Recalls More than 426,000 Cars in US

Bill Pugliano/Getty Images(DETROIT) — General Motors has recalled 426,240 vehicles in the U.S. because of a potential gear issue.
Affected GM models are all equipped with a 4-speed automatic transmission, and include the 2007-2010 Saturn Aura, the 200…

Paul Ryan’s Disputed GM Claim Pops Up in Iowa Ad

Paul Ryan’s Disputed GM Claim Pops Up in Iowa Ad

Alex Wong/Getty Images(PORTLAND, Ore.) — A conservative superPAC is taking part of Paul Ryan’s convention speech that brought him under fire for inaccurately blaming President Obama for a GM plant’s closing and using his words in a new ad …

Ford, GM, Chrysler Report Strong August Sales

Ford, GM, Chrysler Report Strong August Sales

KAREN BLEIER/AFP/Getty Images(WASHINGTON) — Consumers may still be exercising caution when it comes to spending money on some things, but last month’s auto sales showed that new cars isn’t one of them.August was a hot month for the auto in…

Paul Ryan to Joe Biden: General Motors Isn’t Alive in My Hometown

Paul Ryan to Joe Biden: General Motors Isn’t Alive in My Hometown

ABC News(NEW YORK) — Ahead of the Democratic National Convention, Vice President Joe Biden summed up how Democrats hope the country views the past four years, telling a Detroit Labor Day crowd that “Osama bin Laden is dead and General Motors is …

GM Recalls 400,000+ Chevy Cruzes for Fire Risk

GM Recalls 400,000+ Chevy Cruzes for Fire Risk

General Motors (Model may differ from recall)(DETROIT) — General Motors is recalling 413,418 Chevy Cruzes to fix a problem the company says could cause a fire in the vehicle’s engine.The recall covers all Chevy Cruzes model years 2011 and 2012 b…

General Motors to Add 600 New Jobs

General Motors to Add 600 New Jobs

Bill Pugliano/Getty Images(DETROIT) — General Motors is adding 600 new jobs at its Lansing Grand River assembly plant to assist with the development of the Cadillac ATS, the auto company announced Wednesday.A GM official said it has already hired 460 …

GM Pulls Ads Off Facebook

GM Pulls Ads Off Facebook

Bill Pugliano/Getty Images(NEW YORK) — Just about everyone is excited about Facebook’s initial public offering scheduled for Friday that could value the social networking site at a whopping $105 billion.Somehow, that doesn’t impress the folks at Gener…

GM Reports $1B in 1Q Profits, Despite Troubles in Europe

GM Reports $1B in 1Q Profits, Despite Troubles in Europe

Bill Pugliano/Getty Images(DETROIT) — General Motors earned $1 billion in profit in the first quarter of 2012, beating expectations thanks in part to strong U.S. sales, the company announced Thursday.GM is still 33.3 percent owned by the U.S. governme…

Strong Sales for Detroit’s Big Three Automakers

Strong Sales for Detroit’s Big Three Automakers

Hemera/Thinkstock(NEW YORK) — Detroit’s big three carmakers had a strong month of sales in March.The big story is small cars:  High gas prices may be helping boost overall sales with more consumers trading in their old gas guzzlers for more fuel …

Obama Michigan TV Ad Jabs Romney on Controversial Auto Bailout

Obama Michigan TV Ad Jabs Romney on Controversial Auto Bailout

JIM WATSON/AFP/Getty Images(WASHINGTON) — Just days before the Michigan GOP primary, the Obama campaign has taken a swipe at former Gov. Mitt Romney in a new TV ad that contrasts the president’s support for a 2009 bailout of Detroit-based GM and…

Romney ‘Delighted’ GM is Profitable; Picks Up Mich. Endorsement

Romney ‘Delighted’ GM is Profitable; Picks Up Mich. Endorsement

J.D. Pooley/Getty Images(FARMINGTON HILLS, Mich.) — Hours after General Motors announced that it earned its highest profit in its storied history last year, Mitt Romney said he is “delighted” at its success, taking credit for the managed b…

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