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Chrysler sales jump; Ford and GM dip slightly

Chrysler

Chrysler sales rose 20 percent last month, its strongest April in four years. General Motors and Ford reported slight dips for the month. Overall, the U.S. auto industry appears strong.

 

Joe Biden blasts Mitt Romney's 'CEO mindset' on national security

Joe Biden

...Vice President Joe Biden on Thursday portrayed Romney as weak and waffling when it comes to foreign policy, an issue on which Democrats feel they have the advantage in the fall campaign... Biden also repeated what he has said should be the bumper sticker slogan for the Obama campaign: "Bin Laden is dead and General Motors is alive."

 

Stronger Mich. economy could hurt Romney's chances

In seeking support in Michigan, Obama speaks frequently about how the federal bailout of General Motors Co. and Chrysler Group led to GM's resurgence as the world's No. 1 automaker and 32,000 more auto-related jobs in the state since the companies emerged from their 2009 managed bankruptcies. Romney opposed the move, even writing a New York Times opinion piece in 2008 that carried the headline "Let Detroit Go Bankrupt."

Senh: Mitt Romney can always spin this by doing another flip-flop: i.e. that he has always supported the auto industry bailout.

 

Despite woes, Volt wins European car award

Chevrolet Volt

It’s been a tough year for the Volt, General Motors’ plug-in hybrid.  But perhaps it’s about to see its fortunes turn as a jury of continental journalists declare Volt the European Car of the Year.

 

Volt production halted; 1,300 workers out of work

General Motors will halt production of the Chevrolet Volt.The automaker has told 1,300 workers at its Detroit Hamtramck plant that they will be out of work for about five weeks.

 

GM and Peugeot announce alliance

General Motors and PSA Peugeot Citroen announce a global alliance that will see them develop cars together.

 

GM records its highest profit ever: $7.6 billion

General Motors

General Motors earned its largest profit ever in 2011, two years after it nearly collapsed. Strong sales in the U.S. and China helped the carmaker turn a profit of $7.6 billion, beating its old record of $6.7 billion in 1997 during the pickup and SUV boom.

 

G.M. Regains No. 1 Spot in World Automaking

General Motors: Largest Automaker in the World

After three years of settling for second place, General Motors reclaimed its title as the world’s largest automaker in 2011, a year when its sales grew in every region of the globe while Toyota sales were hampered by major natural disasters.

Senh: What a turnaround for the U.S. auto industry. It's one bright spot for the government bailouts. I'm sure the recalls from Japanese automakers and the subsequent production disruption caused by the tsunami helped.

 

GM recalling Chevrolet Sonics to check brake pads

GM Recall

General Motors Co. said on Friday that it is recalling more than 4,000 of its 2012 Chevrolet Sonic subcompact cars to check for missing brake pads.

 

GM willing to buy back Volts

General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company's CEO says.

 

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