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Chrysler Will Pay Back $7.5 Billion Of Loans Years Ahead Of Schedule

Chrysler Will Pay Back $7.5 Billion Of Loans Years Ahead Of Schedule

Chrysler Group LLC is expected to announce today that it will repay about $7.5 billion in U.S. and Canadian government loans on May 24 -- about a month earlier than it recently said, and years ahead of the original schedule.

 

GM likely to retake No. 1 sales spot from Toyota

GM likely to retake No. 1 sales spot from Toyota

General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota, which has been hurt by production problems since the Japanese earthquake and still can't escape the shadow of major safety recalls....

 

Ford expands recall of F-150 pickup to nearly 1.2M

Ford expands recall of F-150 pickup to nearly 1.2M

Under pressure from government safety regulators, Ford Motor Co. is expanding a recall of the popular F-150 pickup truck to include nearly 1.2 million vehicles that may have defective air bags....

 

Toyota, Nissan to Resume Some Domestic Production

Toyota and Nissan they will resume production at all factories in Japan in mid-to-late April at about half their normal pace, joining Honda in an industrywide move to restart production halted by the March 11 earthquake.

 

G.M. Sales Increased 10% in March

Analysts project that sales will increase across the industry, despite worries about rising gasoline prices and production stoppages in Japan.

 

Most Anticipated Cars of 2011

Most Anticipated Cars of 2011

New cars of 2011 have better designs, better fuel efficiency and also greater performance. Here is a list of some of the most anticipated cars of 2011.

 

GM sales jump 49%, aided by finance deals

GM sales jump 49%, aided by finance deals

General Motors on Tuesday reported that U.S. sales jumped 49 percent last month, aided by sweeter financing and lease deals that drew a response from other major automakers.

 

GM posts 1st full-year profit since 2004

In an impressive comeback from bankruptcy, General Motors last year posted its first annual profit since 2004....

 

Former Chrysler dealers sue U.S. over store closures

Former Chrysler dealers sue U.S. over store closures

Sixty-four former Chrysler dealers sued the U.S. government on Thursday, saying the Obama administration violated their rights by closing their stores during the automaker's bankruptcy without compensation.

 

G.M. Workers to Get $189 Million in Profit Sharing

G.M. Workers to Get $189 Million in Profit Sharing

General Motors said the payments, worth “upwards of $4,000” for hourly workers, were the largest profit-sharing checks in the automaker’s history.

 

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