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New recalls hit 2.7 million GM vehicles, from Corvettes to Saturns

General Motors is recalling 2.7 million U.S. cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, in an escalation of the safety crisis that has enveloped the company for months. GM said today it expects to book up to $200 million in charges in the second quarter to cover the cost of recalls during the period.

GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.

Chrysler marks 25 years of minivans with special edition

Over at Chrysler, we suppose any good news is worth celebrating, and the production of more than 12 million minivans during the past 25 years is certainly noteworthy. To mark the occasion, Chrysler is introducing the 25th Anniversary Editions of the Chrysler Town & Country and the Dodge Grand Caravan. Both models will feature new interior color combinations, trims, Stow 'n Go seating, UConnect stereo interface and second- and third-row heated seats.