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GM pays back government loans

General Motors Co. said it has repaid the U.S. and Canadian governments $5.8 billion for loans that helped fund the U.S.

VW New Midsize Coupe (2014) first official pictures

By Ollie Kew First Official Pictures 22 April 2014 16:47 VW has revealed a new nichemobile: the NMC, or New Midsize Coupe. Unveiled at the Beijing motor show, it’s a close-to-production concept car that takes VW into new territory: the C-segment four-door coupe class. Target?

GM signs deal to sell Hummer to Chinese company

General Motors Co. has inked a deal to sell its premium off-road brand Hummer to a Chinese industrial company. GM said on Friday that it has a definitive agreement with Sichuan Tengzhong Heavy Industrial Machinery Co.