general motors

The safety of police cruisers all across the United States and Canada are now in question, as General Motors announced that it is recalling more than 38,000 Chevrolet Impala police vehicles because of suspension issues in the front end that could lead to an a accident.

General Motors will purchase a 7% stake in French automaker Peugeot Citroen according to the Detroit Free Press. The alliance is designed to save money and help GM to become more competitive in a shrinking European car market. GM Chairman and CEO Dan Akerson is quoted as saying "this partnership brings tremendous opportunities for our two companies...

Autoparts supplier Delphi said its buying back ownership from General Motors and the U.S. for $4.4 billion dollars. Delphi is paying G.M. $3.8 billion and $594 million to Pension Benefit Guaranty Corp for the share that are held by both, respectively. Find out more after the jump.

Flint Truck Assembly may be adding a third shift that would add 650 jobs to the plant reports milve.com: The additional workers are to come from GM’s pool of laid-off workers, so no new employees will be hired, the person briefed on the announcement said. In t...

General Motors seems to be earning profits despite trying to emerge from bankruptcy, say CNN Money.