October was a banner month for GM and Ford sales. General Motors and Ford Motor Co. both posted large profits thanks to strong October auto sales. The adjusted sales rate for October was in the double digits, and domestic automakers are reaping huge benefits. The initial public offering for GM stock is inching closer still, Read on! →

General Motors, in a case of absolutely horrible timing, has announced a large recall just before it is supposed to launch an Initial Public Offering of stock. The recall will affect 243,000 vehicles, mostly crossover SUVs. The defect is in the safety latch in the second row seat belt. GM issued a recall several months Read on! →

This year is the beginning of a resurgent General Motors. The company has begun posting profits again, after it had to take billions in loans from the U.S. and Canadian governments. While in the midst of a brief period of bankruptcy protection, General Motors has begun shedding the under erforming brands. There is also a Read on! →

General Motors is dropping the Mr. Goodwrench name from its dealerships and service stations. It isn’t that GM is canceling service stations at dealerships — far from it. From now on, service stations will be brand name specific. Mr. Goodwrench, or Goodwrench Service Plus, as it is labeled today, is changing names as part of Read on! →

General Motors has announced that it will be buying a significant portion of shares back from the Treasury. As part of the auto bailout, GM had to turn over a number of preferred shares to the United States Treasury. Earlier this year, GM announced it was getting back to fiscal health, and the company was Read on! →

General Motors had a tumultuous last few years. After successive years of falling sales, GM had to ask for an auto bailout and file for bankruptcy. GM was placed under government conservatorship, and the terms of the bailout included that the government held a majority of shares. However, GM’s time in bankruptcy did some good. Read on! →