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General Motors News -  View All

  • General Motors to hike prices in June
    Tue, 21 May 2013 05:50:41 -0700
    New Delhi, May 21 (IANS) American automobile company General Motors' Indian subsidiary Tuesday said it will increase the prices of its vehicles from the first week of June, 2013.


Auto Dealers News -  View All

  • NH auto dealers win protections from lawmakers
    Wed, 22 May 2013 11:03:25 -0700
    New Hampshire's auto dealers could be getting protections from lawmakers in their dealings with their manufacturers. The House voted 338-30 Wednesday to pass the Dealer Bill of Rights giving New Hampshire ...

  • Tesla shows Model S to influence NC auto bill
    Wed, 22 May 2013 10:11:42 -0700
    North Carolina lawmakers and passersby stopped to take in a display of Tesla Motors' award-winning electric cars Wednesday as the company presses against a bill in the General Assembly that effectively ...

  • Bill squeezing out Tesla passes NC Senate
    Tue, 14 May 2013 08:04:34 -0700
    A bill backed by auto dealers that effectively blocks California's Tesla Motors Inc. from selling in North Carolina has passed the state Senate. The electric car manufacturer says the bill that passed ...

  • Ford to end auto production in Australia in 2016
    Wed, 22 May 2013 20:21:09 -0700
    SYDNEY (AP) — Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales.

  • As Auto Sales Rebound, So Does Something Else
    Wed, 15 May 2013 04:10:44 -0700
    An increase in auto repossessions due to borrowers defaulting on their auto loans is raising new questions about whether or not the auto industry is going too far selling new cars and trucks to those with ...


Minority Dealers News -  View All

  • Feds sideline billionaire Falcone from fund business
    Thu, 09 May 2013 14:37:37 -0700
    By Emily Flitter NEW YORK (Reuters) - One-time star money manager Philip Falcone will be barred from starting another hedge fund for two years as he winds down his existing fund and returns money to investors, under a preliminary deal with securities regulators to settle fraud and other charges that was made public on Thursday. The agreement by Falcone and his hedge fund, Harbinger Capital ...

  • ECB gears up for rate cut, likely this week
    Mon, 29 Apr 2013 06:59:36 -0700
    By Sakari Suoninen FRANKFURT (Reuters) - The European Central Bank is likely to cut the main euro zone interest rate at its monthly meeting on Thursday as the bloc's economy has weakened further. Since the last policy meeting on April 4, there have been few signs of the economy returning to growth, threatening the recovery which the ECB has said it expects to start in the second half of this ...

  • Obama picks veteran Watt as housing finance head
    Thu, 02 May 2013 07:37:51 -0700
    President Barack Obama called on a Capitol Hill veteran seasoned in business, law and civil rights by naming U.S. Rep Mel Watt of North Carolina on Wednesday to head the federal regulatory body that oversees ...


Auto Sales News -  View All

  • New car sales seen up 6-8 percent in May: analysts
    Thu, 23 May 2013 09:20:30 -0700
    DETROIT (Reuters) - Auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday. Sales of new cars and trucks in May are expected to top 1.43 million vehicles, while the annual sales pace is forecast to hit 15.2 million vehicles ...

  • China's April auto sales rise 13 percent
    Thu, 09 May 2013 05:08:04 -0700
    BEIJING (AP) — China's auto sales rose 13 percent in April despite concern about a weak economic recovery and Japanese brands suffered less severe declines, an industry group reported Thursday.

  • Pickups spur increase in April auto sales
    Wed, 01 May 2013 15:44:10 -0700
    Detroit was king in April, with demand for its big pickups helping to boost U.S. auto sales and offset a soft month for Toyota. Ford, GM and Chrysler sold a total of 144,042 full-size pickups, up 29 percent ...

  • As Auto Sales Rebound, So Does Something Else
    Wed, 15 May 2013 04:10:44 -0700
    An increase in auto repossessions due to borrowers defaulting on their auto loans is raising new questions about whether or not the auto industry is going too far selling new cars and trucks to those with ...


General Motors Dealers News -  View All

  • General Motors to sell small van made by Nissan
    Tue, 14 May 2013 09:35:12 -0700
    Nissan Motor Co. and General Motors Co. have signed a deal for Nissan to build small commercial vans that GM will sell in the U.S. and Canada, the companies said Tuesday. The vans will be based on the ...

  • GM recalls nearly 20,000 new Cadillac SRX SUVs
    Thu, 23 May 2013 01:23:11 -0700
    Washington, May 23 (IANS) General Motors Corporation said it is recalling nearly 20,000 new Cadillac SRX SUVs for faulty wheel lug nuts, according to a Detroit News report.

  • GM recalls more than 27,000 Cadillac crossovers with wheel issue
    Wed, 22 May 2013 17:02:48 -0700
    (Reuters) - General Motors Co is recalling worldwide more than 27,000 Cadillac crossover vehicles whose wheels could fall off due to potentially loose wheel nuts. GM said on Wednesday it knows of no crashes or injuries due to the issue and that no wheels have separated from the sport utility vehicles built on car-based platforms. The recall by the largest U.S. automaker affects certain 2013 ...