Big Three, Automaker | featured news

General Motors Co is unlikely to file for its initial public offering on Tuesday, three people familiar with the situation said.

General Motors Co has completed the paperwork for an initial public offering, and timing of its filing with the U.S. securities regulators rests with the board of the top U.S. automaker, sources familiar with the process said on Monday.

Ed Whitacre will be replaced by The Carlyle Group's Daniel Akerson on September first.

The carmaker has begun taking orders for the plug-in vehicle, which is expected to be at dealers in November.

Chrysler Group LLC will offer consumers a 60-day, money-back guarantee on new vehicles and also make the first two months of payments for buyers, as it tries to shore up sales amid lackluster consumer confidence.

Automaker says problem with a heated windshield wiper fluid system could lead to a fire.

Chrysler is recalling more than 683,000 Jeep Wranglers and Chrysler and Dodge minivans for brake or wiring problems.

Ford said Tuesday it would stop production of Mercury vehicles in the fourth quarter and discontinue the brand.

The U.S. Treasury and General Motors Co may select a lead underwriter for an initial public offering for the automaker as early as next week, Bloomberg News reported on Saturday.

OnStar is already one of the most handy features you can get in a GM vehicle but soon it will be even better thanks to a little help from Google. Together, the two will develop a number of new mobile app features that strengthen Chevrolet’s commitment to providing Volt customers with the most connected vehicle experience possible.