General Motors, Carmaker | featured news

General Motors said its sales increased 7.6 percent from a year ago. Ford’s were up 6.1 percent and Chrysler’s rose 20.1 percent.

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.

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.

The most problem-free cars and trucks are made by Honda and Toyota, but Ford is closing in fast and General Motors is making big quality improvements, according to Consumer Reports magazine's 2010 reliability rankings.

General Motors is recalling more than 300,000 Chevrolet Impala sedans because the seat belts may fail to restrain people in the front seats during a crash.

General Motors and Chrysler are beginning to make some headway after getting a financial and operational overhaul compliments of the U.S. bankruptcy court.

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

General Motors filed to become a public company again and let the federal government begin selling down its share.

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.