Auto Industry, Automaker | featured news

General Motors' U.S. sales fell 1.2 percent in May as it offered fewer deals to customers.

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.

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....

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.

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

Sunday’s Super Bowl game saw a powerful ad air for U.S. automaker Chrysler — a company desperately in need of some serious buzz.

General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains in demand for its pickup trucks.

General Motors' sales in China increased 28.8% in 2010 while U.S. sales rose just 6.3%. GM is one of the best-positioned automakers in emerging markets, even better than Toyota, says one expert. General Motors Co. sold more vehicles in China than it did in the U.S.

Automakers expect the end of the year to close much stronger than it began.

Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to 478 million common shares, a person briefed on the sale said Tuesday.