Car News
GM may raise target price range for IPO
Strong investor demand for General Motors stock may prompt the automaker to raise the target price range for Thursday’s initial public offering, a person briefed on the matter said.
GM has orders for $60 billion in stock
General Motors’s landmark initial public offering has already garnered $60 billion in orders. The robust demand is six times the amount the automaker had planned to raise.
Automakers muscling into extreme sports
Big car companies are hoping that the camaraderie forged by extreme competitions applies not only to competitors, but also to companies that support the racers through their sponsorship dollars.
As GM tries to spin IPO, red flags still show up
General Motors executives are playing up three bright spots in the company’s future as they try to persuade investors to buy GM stock.
City Hall unveils 3 finalists to be next NYC taxi
The competition to manufacture New York City’s next official taxicab has been narrowed to three automakers who each came up with similar tall, boxy designs.
Electric car wave offers opening to startups
This week’s Los Angeles auto show will feature a David-vs-Goliath battle as small startups try to gain traction in the rapidly growing electric car market.
Chevy's Volt is Motor Trend's car of the year
The Chevrolet Volt electric car is Motor Trend magazine’s 2011 car of the year.
U.S. urges fix for recalled Ford minivans
The government is urging owners of recalled Ford Motor Co. minivans to get their vehicles fixed.
GM IPO boost good news for U.S. taxpayers
General Motors expanded its initial public offering by 31 percent, bringing taxpayers and the government closer to recouping their huge investment in the revitalized automaker.
GM offering may leave out many small investors
When General Motors finally offers stock to the public on Thursday, small investors will probably be left out.
