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Fiat takes majority control of Chrysler

Fiat S.p.A. will pay $500 million for the U.S. government's 6 percent stake in Chrysler Group.

Cadillac ATS and XTS sedans coming in 2012

Two new Cadillac sedans will join the brand's lineup in 2012, the full-size XTS and the smaller ATS. The products were confirmed on Thursday by General Motors North America boss Mark Reuss at an auto-industry conference in Traverse City, Mich. The XTS is based on the XTS Platinum concept introduced at the 2010 North American International Auto Show in Detroit.

Say Chevrolet--not Chevy--GM tells employees

From racetracks in the heartland to the iconic strains of “American Pie,” one word--Chevy--has transcended class and culture and helped raise the bow-tie brand to the lofty status as one of the most recognized in the world. But now, one of the most blue-collar and singularly American marques is going formal: General Motors has told its employees to use the world “Chevrolet” instead of the commonly used “Chevy” nickname. An internal memo distributed this week directs workers to use the official name in all communications, from official duties to simple conversations.