by Jeff Gilbert, WWJ AutoBeat Reporter General Motors posting it’s best profit in six years, and getting its fourth CEO in two years. “Effective September 1st, I will step down as CEO of GM,” the […]
General Motors says it made $1.33 billion in the second quarter, a sign of growing strength as the company prepares to sell stock to the public.
After a five-year wage freeze, Ford Motor Co. Executive Chairman Bill Ford Jr. is getting paid again. It’s another sign that the automaker founded by his great-grandfather Henry Ford is healthy enough to award its […]
Geely Holding Group completed its acquisition of Ford Motor Co.’s Volvo unit Monday in a $1.5 billion deal that gives the small-but-ambitious Chinese automaker a global brand and huge management challenges.
Getting loans to flow more normally to small businesses is a critical ingredient to bolstering the economic recovery and reducing unemployment, Federal Reserve Chairman Ben Bernanke said Monday.