auto industry

7:38 am
Thu April 24, 2014

General Motors First Quarter Earnings Lower Due to Recalls

Lead in text: 
GM earned $865-million in first quarter of last year
General Motors Co. said Thursday it earned $125 million in the first quarter, down 85.5 percent from the same three-month period in 2013 hit hard by a $1.3 billion charge for recalls. It was GMs 17th consecutive profitable quarter, despite the dramatic falloff. GMs earnings per share solidly beat analyst estimates at 6 cents.
8:33 pm
Tue April 1, 2014

General Motors CEO Tells Congressional Committee Company's Culture Has Changed

Lead in text: 
Mary Barra testified Tuesday before the House Oversight and Investigations Subcommittee
U.S. Rep. Fred Upton, R-St. Joseph, the chairman of the full House Energy and Commerce Committee that is investigating the recall, called the hearing today 'a first step in our quest to find out what went wrong.'
12:33 pm
Mon March 17, 2014

General Motors Recalling 1.7-Million Vehicles

Lead in text: 
Automaker says no crashes or injuries have been reported in any of the three recalls
General Motors Co. said Monday it is recalling more than 1.7 million vehicles worldwide in three new campaigns as it takes a charge of $300 million to address the costs of repairs for these campaigns and a recent recall linked to 12 deaths and 31 crashes.
11:37 am
Thu January 16, 2014

Biden hails car makers' comeback at Detroit auto show

Lead in text: 
Vice President says federal government will work to help Detroit, but no bailout is coming
Vice President Joe Biden will meet with community and business leaders Thursday morning at Cobo Center before touring the North American International Auto Show. Biden is also to address crowds at the Detroit auto show, prompting a large turnout early Thursday.
8:29 pm
Sun January 12, 2014

Protests ahead of Detroit Auto Show

Lead in text: 
Group says workers should share more in auto industry's better times
Protesters voiced a wide range of frustrations in downtown Detroit on Sunday, ahead of this weeks start of the 2014 North American International Auto Show. A crowd of over 30 people holding placards and chanting slogans paraded across the street from Cobo Center, where the eyes of the auto world will be fixed for the next two weeks.