G.M. Loss Worst Ever for U.S. Carmaker
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General Motors Corp. (NYSE:GM) is reporting the largest annual loss ever for a U.S. automotive company.
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General Motors Corp. and Ford Motor Co. have reported disappointing US sales, prompting the two largest US automakers to cut planned vehicle production in the fourth quarter, which could hurt profits.
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TONY EASTLEY: Japanese carmaker, Mitsubishi Motors, is nothing if not optimistic. In just six months, the battered company has lost more than $1.
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The Big Three automakers' share of American vehicle sales fell to its lowest level ever in 2004 as Japanese carmakers posted record sales.
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General Motors Corp  said on  Friday it is recalling 275,936 Cadillacs, Pontiacs and Saturns  sold in the United States because of a fluid leak that could  lead to loss of control of the vehicle.
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General Motors Corp., the world&#39;s largest automaker, announced Tuesday that the 1,100 remaining workers at its Baltimore assembly plant will lose their jobs
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General Motors Corp., the world's biggest automaker, said Wednesday its net income fell 37 percent in the fourth quarter, led downward in part by continued struggles at its European operations.
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Volkswagen AG, Europe&#39;s biggest carmaker, faces production losses at its Wolfsburg headquarters after a sixth set of contract talks with union negotiators on cost cuts, job security and pay ended without agreement.
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The number 1 U.S. automaker slides on 5.2% reduction in December sales.
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TOKYO/DETROIT  - General Motors Corp.  on Tuesday posted a steeper-than-expected 24 percent drop in June sales, as U.S. automakers lost share to Japanese brands and overall vehicle sales sputtered in the face of high gas prices and a weak housing market.
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Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the fabled automaker's deficit for the year to $12.7 billion, the largest in its 103-year history
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General Motors Corp.  on Tuesday posted a steeper-than-anticipated 24 percent drop in June sales, as U.S. automakers lost share and overall vehicle sales sputtered in the face of high gas prices and a weak housing market.
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General Motors Corp. and Ford Motor Co.  lost more than a sixth of their combined U.S. sales in January, and Toyota Motor Corp. extended its 20-month winning streak and claimed the No. 2 spot in the U.S. market.
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FRANKFURT, Germany -- Automaker Daimler AG posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler offsetting big gains by its Mercedes-Benz Car Group.
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Sure, the UAW got back to work and Wall Street revved up GMâs stock. Now comes the carmakerâs real challenge: creating a car Americans will buy.
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General Motors Corp. GM.N on  Wednesday said its earnings fell 37 percent due to growing U.S.  health-care costs and bigger losses from its European  automotive operations.
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MG Rover will unveil pre-tax losses this week of about Â£50m as it struggles to survive in the British car market. The losses are down from Â£95m for the previous year, but sales fell to 144,000 last year, compared