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OnStar is not for sale, new features are being explored, executive says
Tue, 08 Sep 2009OnStar is not for sale, and General Motors Co. is working to fine-tune the well-known service and position it for the future, a top executive said on Tuesday. Despite the recent jettisoning of several GM brands, OnStar is safe and officials are optimistic as it prepares to expand in December with a launch in China.
Chrysler posts $239 million operating profit, raises forecast
Mon, 08 Nov 2010Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.
Clunkers records $2.88 billion in rebates
Wed, 26 Aug 2009Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.