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AP Automotive

MGM names Nevada Resort Association exec to board
about 6 hours ago
LAS VEGAS (AP) -- Casino company MGM Mirage said Tuesday that the president of tourism lobbying group Nevada Resort Association, Bill Bible, will join the company's board....  Read Story.
GMAC finance chief leaving for private equity job
about 12 hours ago
NEW YORK (AP) -- Automotive finance company GMAC Financial Services says its chief financial officer will leave at the end of March....  Read Story.
MGM Mirage to sell $845 million in bonds
about 14 hours ago
LAS VEGAS (AP) -- Casino operator MGM Mirage said Tuesday it will sell $845 million in new bonds due in 2020, looking to build a healthier balance sheet amid a gambling industry slump....  Read Story.
Ford launches affordable made-for-India compact
about 18 hours ago
MUMBAI, India (AP) -- Ford Motor Co. launched its first made-for-India compact car Tuesday, as the U.S. automaker continues its push into fast-growing Asian markets....  Read Story.
GM to pay Girsky $5M after getting promotion
March 5, 2010
DETROIT (AP) -- General Motors Co. reported Friday that newly promoted Vice Chairman Stephen Girsky is getting $5 million in a package that includes salary and stock....  Read Story.
GM to reinstate 600 dealerships slated to be cut
March 5, 2010
NEW YORK (AP) -- General Motors Co. says it will reinstate about 600 dealerships that were slated to be cut from the automaker's network....  Read Story.
Sigma Designs posts strong sales growth in 4Q
March 3, 2010
NEW YORK (AP) -- Sigma Designs Inc. on Wednesday reported stronger-than-expected fourth-quarter sales growth, lifting shares in late-session trading....  Read Story.
Bob Lutz, GM's 'ultimate car guy,' to retire
March 3, 2010
DETROIT (AP) -- Bob Lutz, the longtime auto industry executive who led nearly a complete overhaul of General Motors' lineup, will retire May 1....  Read Story.
GM's Bob Lutz to retire
March 3, 2010
DETROIT (AP) -- Bob Lutz, the longtime auto industry executive who led a near-complete overhaul of General Motors' lineup, will retire May 1....  Read Story.
GM's China sales up 51 percent in February
March 3, 2010
SHANGHAI (AP) -- General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as well as its popular minivans....  Read Story.
GM shuffles sales leaders for 2nd time in 3 months
March 2, 2010
DETROIT (AP) -- General Motors Co. says it will restructure its sales and marketing operations for the second time in less than three months....  Read Story.
Ford sales jump; outsells GM on strong car demand
March 2, 2010
DETROIT (AP) -- Ford Motor Co. outsold General Motors Co. in February for the first time in more than a decade....  Read Story.
GM sales exec says company won't reopen factory
March 2, 2010
DETROIT (AP) -- General Motors Co.'s top sales executive says the company will not reopen any closed factories to build more of its hotter-selling new models....  Read Story.
February Auto Sales: General Motors
March 2, 2010
DETROIT (AP) -- General Motors Co. says its February sales rose 11.5 percent compared with the same month last year on strong new model and fleet sales....  Read Story.
GM to triple funding for Opel restructuring
March 2, 2010
FRANKFURT (AP) -- General Motors Co. said Tuesday it would more than triple its funding for the turnaround of European units Opel and Vauxhall to euro1.9 billion ($2.6 billion)....  Read Story.
Summary Box: GM to recall 1.3 million compacts
March 1, 2010
THE RECALL: General Motors Co. will recall 1.3 million Chevrolet and Pontiac compact cars sold in the U.S., Canada and Mexico....  Read Story.
GM to recall 1.3M compacts for steering problem
March 1, 2010
DETROIT (AP) -- General Motors says it is recalling 1.3 million compact cars in the U.S., Canada and Mexico to fix power steering motors that can fail....  Read Story.
Kauai County acquires 75-acre parcel of land
March 1, 2010
ELEELE, Hawaii (AP) -- Kauai County has acquired a 75-acre parcel of land in Eleele from Alexander & Baldwin Inc. for affordable housing....  Read Story.
Thaksin supporters denounce Thai court verdict
February 27, 2010
BANGKOK (AP) -- Supporters of populist former Thai leader Thaksin Shinawatra denounced a court order to seize $1.4 billion of his assets, and vowed Saturday to pursue a nonviolent struggle for wha  Read Story.
Thai court orders assets seized from ex-PM Thaksin
February 26, 2010
BANGKOK (AP) -- Thailand's highest court ruled Friday that ousted leader Thaksin Shinawatra abused his power to enrich himself and his family while in office and ordered that $1.4 billion of his t  Read Story.


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