General Motors Co., after failing to gain sales with its redesigned Chevrolet Malibu last year, said it’s updating the mid-size sedan with a sportier front end, roomier back seat and better fuel economy.
Ford Motor Co., gaining more U.S. market share than any other automaker this year, will add capacity to build 200,000 more vehicles annually in North America on demand for F-Series pickups and Fusion sedans.
General Motors Co.’s redesigned full- size pickups are bolstering analysts’ confidence that the automaker’s shares will keep climbing after topping their initial public offering price for the first time in two years.
Mark Reuss remembers the day, 20 years ago, when his father’s career was blindsided. Reuss had a tuxedo hanging in his car to wear that night to a long-planned event honoring his father’s 35-year career at General Motors Corp. when his mother called.
General Motors Co., armed with its best vehicles in a generation, reported a 3.6 percent increase in global sales during the first quarter, keeping its lead over Volkswagen AG by about 90,000 vehicles.
General Motors Co. Chief Executive Officer Dan Akerson’s compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.
When the Daytona 500 starts this weekend with Danica Patrick in the pole position driving her Chevrolet SS, General Motors Co. will be seeking something more than a winner’s trophy: adding a greater sense of urgency to GM.
General Motors Co., which plans to introduce about 20 new vehicles in the U.S. this year, will invest $1.5 billion in North America factories in 2013, Mark Reuss, the company’s regional president, said yesterday.
A commercial showing the new Ford Fusion being driven off a cliff led David Bowhall to visit a dealer last month for a test drive. The owner of four Mercedes- Benzes in the last five years said it wasn’t much of a leap.