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OCT 23, 2014 - Roll Call

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Another State Deals A Blow To Tesla's Business Model

Tesla Motors lost a crucial legislative battle in Michigan on Tuesday when Republican Gov. Rick Snyder signed a bipartisan bill that would prevent the electric vehicle manufacturer from selling its cars outside of a dealership network. It is already illegal to make direct sales of any new automobile but the new law, supported by General Motors, will explicitly require manufacturers ...

Tags: Another State Deals A Blow To Tesla's Business Model,  General Motors Latest News

OCT 23, 2014 - San Francisco Chronicle

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US stocks jump following strong corporate earnings

General Motors said big profits from rising SUV and truck sales in North America helped it nearly double its third-quarter net profit. The industrial sector led gains for the stock market, surging 2.3 percent, after Caterpillar and 3M reported strong earnings. Even as new evidence of a global economic slowdown emerged, Caterpillar raised its outlook for earnings for the year. ...

Tags: US stocks jump following strong corporate earnings,  General Motors Latest News

OCT 23, 2014 - Forbes

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Strong North America Sales Boost General Motors Profit Above Expectations

Customers in North America clamored for General Motors' trucks and SUVs in recent months, and this strong demand proved to be a boon to the automaker's bottom line: the company reported stronger-than-expected third quarter earnings results Thursday morning, beating the Wall Street consensus and sending the stock for an early-morning gain.

Tags: Strong North America Sales Boost General Motors Profit Above Expectations,  General Motors Latest News

OCT 23, 2014 - San Francisco Chronicle

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GM 3Q profit nearly doubles, led by N. America

DETROIT (AP) — General Motors says its third-quarter profit nearly doubled as strong earnings in North America and China outweighed struggles in Europe and South America. Without $331 million in one-time items, GM would have made 97 cents per share, exceeding Wall Street's expectations.

Tags: GM 3Q profit nearly doubles, led by N. America,  General Motors Latest News

OCT 22, 2014 - Yahoo! News

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Faulty airbags warning expanded to 6.1 million U.S. cars: NHTSA

WASHINGTON (Reuters) - The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata to 6.1 million vehicles in the United States. "The National Highway Traffic Safety Administration urges owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to act immediately on recall notices ...

Tags: Faulty airbags warning expanded to 6.1 million U.S. cars: NHTSA,  General Motors Latest News