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GM's September U.S. auto sales up 20 percent

GM's September U.S. auto sales up 20 percent

General Motors Co and Chrysler Group reported September U.S. auto sales gains of at least 20 percent, a sign that consumers have returned as vehicle inventories have risen after being crimped by the March earthquake in Japan.

Senh: I didn't know that the Japanese earthquake has an effect on American automakers unless parts are being manufactured there. If that's the case, it would be ironic.


Romney defends himself in Mich. over auto bailout

Republican presidential candidate Mitt Romney defended himself Thursday against questions over why he opposed a federal bailout of General Motors and Chrysler two years ago.


Pay Czar Freezes GM, AIG CEO Salaries

Taxpayers won't foot the bill for raises for the chief executives at any of the four firms—GM, Chrysler, AIG, Ally Financial—still receiving assistance under the federal bank bailout.


Ford, GM sales drop sharply

Ford, GM sales drop sharply

But Chrysler Group said its August sales rose 7 percent thanks to the Jeep Grand Cherokee.


Obama visits auto plants, hailing federal rescue

The president proclaims the government's support of domestic automakers a success story in a pair of Michigan stops.


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