Tag Archives: gm

GM Could Face $2 Billion Tab If Bankruptcy Shield Falls

GM Could Face $2 Billion Tab If Bankruptcy Shield Falls - Photographer: Jeff Kowalsky/Bloomberg

By Margaret Cronin Fisk, Jeff Green and Linda Sandler

Jesse Salazar III says an ignition-switch flaw in his 2008 Chevrolet HHR has depressed its value, and he wants manufacturer General Motors to make it up to him. GM will argue in court filings later today that it shouldn’t owe money to Salazar and hundreds of thousands of people like him.

Toyota maintains top spot in global vehicle sales over VW, GM

Toyota maintains top spot in global vehicle sales over VW, GM (AP Photo/Itsuo Inouye, File)

By YURI KAGEYAMA

Toyota kept its lead over rivals Volkswagen and General Motors as the world’s top-selling automaker in the first nine months of the year, Monday reporting record sales of 7.615 million vehicles, up nearly 3 percent from the previous year.

GM says state AGs probing subprime auto loan business

By Steve Goldstein

General Motors disclosed in a Securities and Exchange Commission filing that its GM Financial unit was served with additional investigative subpoenas from several state Attorney Generals.

GM profits drop on weakness in Europe, South America

Earnings at GM fell 14.3 percent from the year-ago period to $1.47 billion as the company reported operating losses in both Europe and South America, but GM reported higher operating earnings in North America

By John Biers

General Motors Thursday reported lower third-quarter earnings on weakness in some international markets, but showed signs of emerging from a costly ignition-recall scandal.

GM ignition-switch defect death count rises to 27

Deaths linked to GM ignition-switch defect rise to 27

By Jessica Dye

A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released on Monday by the lawyer overseeing the program.