GM Net Income Falls 14% To $865 Million In First Quarter
General Motors posts its 13th consecutive quarterly profit, but those earnings are off slightly from last year.
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General Motors posts its 13th consecutive quarterly profit, but those earnings are off slightly from last year.
An ex- General Motors engineer convicted of stealing hybrid technology was sentenced to just a year and a day in prison, far below the punishment sought by the government in a case that involved an alleged scheme to take the trade secrets to China.
Ford sales up18 percent, Chrysler and GM up 11 percent.
A court hearing to determine the sentence for a Detroit-area couple convicted of stealing General Motors hybrid technology has been extended to Wednesday.
Chrysler earns $166 million in first quarter, down from $473 million a year ago
Subaru is recalling about 10,000 of its 2014 Forester wagons because the floor mats can interfere with the clutch, brake or gas pedals.
General Motors Co. wants a long prison sentence next week for a former employee and her husband who were convicted of stealing hybrid vehicle technology for potential use by competitors in China.
Corvette Stingray's $52,000 starting price is $1,400 more than current model.
Nissan officials say an employee of a supplier died in a fatal accident at its vehicle assembly plant in Smyrna.
"Saving money on gas" tops consumers wish list.
The government is asking automakers to put stronger limits on drivers' interaction with in-car touch screens in an effort to curb distracted driving.
ADP Dealer Services Inc., a division of Automatic Data Processing Inc., Wednesday announced it would build a "Digital Marketing Innovation Center" in downtown Detroit, bringing another 150 jobs to what's become a growing tech hub.
Ford says its net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America.
Government seizes $21 million from Fisker reserve account
The companies prepare to report their first quarter earnings, starting with Ford on Wednesday.