GM returns to $33 IPO price on optimism after 2-year slump

General Motors Co.’s stock closed at $33.42 a share Friday, up 3.18 percent and hitting its highest close in more than two years.

Car condos proposed for former General Motors site in Pontiac

A Birmingham entrepreneur wants to turn more than 80 acres of vacant land once owned by General Motors Co. in Pontiac into a destination for car enthusiasts that would include more than 300 “car condominiums” to house their valuable, classic and exotic cars.

CEO Akerson: GM close to returning to S&P 500

General Motors Co. Chairman and CEO Dan Akerson said Saturday that he thinks the company is close to returning to the S&P 500 index.

Aussie travels the world searching for Tucker cars

On an extended drive-about from Australia, Brendan Edgerton parked his $150 right-hand drive 1989 Holden Commodore at the entrance to the Henry Ford Museum. He had come to see Tucker automobile #16, one of the world’s 47 existing Tuckers built by automotive dreamer Preston Tucker in 1948.

GM works to wow customers; exec says repeat business target in sight

In 2011, General Motors Co. North America President Mark Reuss announced a bold goal: He wanted the automaker to have the best customer service in the automobile industry.

Tesla plans to raise up to $1.08B while repaying U.S.

Tesla Motors Inc., the electric-car maker run by Elon Musk, increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to repay its U.S. loan and build up cash reserves.

Feds aim to foil traffic hacking

Washington — The top U.S. auto safety regulator said the agency would take action to ensure self-driving cars electronically connected to traffic networks and to each other can’t be hacked.

Outlander, Forester pass crash tests

Washington — Two of 13 small SUVs passed new tougher frontal crash tests from the Insurance Institute for Highway Safety.

Patented powertrain key to EV carmaker’s success

Elon Musk was fresh off the sale of PayPal and starting another business, commercial rocket service Space Exploration Technologies Corp., when he met kindred spirit JB Straubel. Their shared belief that consumer electronics advances could be applied to more earthly modes of transport is a cornerstone of Tesla Motors Inc.

White House not backing plan to tighten drunken-driving limits

Washington — The Obama administration isn't backing the National Transportation Safety Board's call to drop the legal limit for drunken driving from 0.08 percent blood-alcohol content to 0.05.

Briefs: New No. 2 NHTSA official has history with automakers

Washington — The National Highway Traffic Safety Administration has a new No. 2 official who has often sparred with automakers.

Report: EV charging stations may grow tenfold by end of decade

The number of electric-vehicle charging stations is expected to grow substantially by the end of the decade, according to a new report compiled by IMS Research.

GM to team with Nissan on fuel-efficient cargo van

General Motors Co. and Nissan Motor Co. Ltd. said Tuesday that the companies have agreed for Nissan to build a small cargo van that the Detroit automaker will sell in the U.S. and Canada.

NHTSA’s new No. 2 has history of tangling with automakers

Washington - The National Highway Traffic Safety Administration has a new No. 2 official who has often sparred with automakers.

Feds urge states to lower drunken-driving limit

Washington — A National Transportation Safety Board recommendation to lower the legal limit on drunken driving would save hundreds of lives annually, the NTSB ...

Ally, ResCap strike deal to complete restructuring

Washington — Ally Financial Inc. reached a deal Tuesday that should allow its troubled mortgage unit Residential Capital LLC to complete its bankruptcy ...

GM to invest $258M in Milford Twp. data center

Warren — General Motors Co. said Monday it will spend $258 million to build and equip a new data center at its Milford Proving Ground in Milford Township — one ...

Big 3 dominate vehicle quality survey, take or tie for 12 top spots

For the first time in more than a decade, the biggest U.S. automakers had a majority of category winners in a survey of vehicle quality, taking or tying in 12 ...

GM to spend $200M revamping dealers on both coasts

General Motors Co., which has underperformed competitors on the West and East coasts for decades, will spend more than $200 million to help dealers in ...

Survey shows relationship between automakers, suppliers fragile

New fuel-efficient cars and luxury-loaded pickups are driving the U.S. auto industry back from the depths of the Great Recession. Sales are up, profits are ...

Cars made in Brazil are deadly

Sao Paulo — The cars roll endlessly off the local assembly lines of the industry's biggest automakers, more than 10,000 a day, into the eager hands of ...

World’s wrecked cars reincarnated on Afghanistan’s dusty streets

Herat, Afghanistan — They sit in the sun harboring their lost histories, their forgotten dreams, their traces of funerals, graduations and stolen kisses. ...

NHTSA investigating more than 100K Corvettes over low-beam headlights

Washington — U.S. safety regulators on Friday opened a preliminary investigation into more than 100,000 Chevrolet Corvette sports cars after complaints that ...

Magna founder sees shift abroad

Washington — The founder of North America’s largest auto supplier says the struggling European auto industry will need to get smaller to survive.

Milford Twp. OKs tax breaks for proposed GM data center

General Motors Co. has received approval from Milford Township on tax breaks worth about $3.2 million for a $258 million information technology data center the ...

Progress being made in ResCap bankruptcy cases, court-appointed examiner says

Washington — A deal may be near to resolve claims from creditors of Ally Financial’s bankrupt mortgage unit Residential Capital LLC that could allow for a ...

GM’s Opel out of skid, but long term viability questioned

It's all gone quiet for now at General Motors Europe and its Opel and Vauxhall subsidiaries, thanks to some mildly positive news about the bottom line, an ...

U.S. bureaucracy, lawsuits may stymie driverless cars

Detroit — The U.S. is likely to be secondary market for fully autonomous vehicles when they become available in about a decade, analysts predicted Thursday.