VIDEO: GM Profits Overshadowed By Recalls, Ford Profits

After General Motors recalled almost 30 million vehicles this year worldwide, their profits are lagging and rival Ford Motor Company is pulling ahead.

VIDEO: BMW’s $1 Billion Plant Surfs Mexican Investment Wave

Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country’s growing industrial base and tariff-free access to the U.S. market. The automaker outlined plans to build a factory in the central Mexican city of San Luis Potosi, reducing the German company’s… Continue reading VIDEO: BMW’s $1 Billion Plant Surfs Mexican Investment Wave

VIDEO: After GM’s Apology: More Than 2 Million Dangerous Cars Still On The Road

With last week’s release of a devastating internal investigation, General Motors General Motors sought to put a shameful, decade-long safety failure behind it, and begin the difficult job of restoring its reputation. Investors seemed comforted that the worst is behind the company, and after a temporary drop, GM shares recovered the next day. Lost amid… Continue reading VIDEO: After GM’s Apology: More Than 2 Million Dangerous Cars Still On The Road

VIDEO: GM Board Starts Own Recall Probe

General Motors’ board hired a law firm to review why it wasn’t initially informed of cars stalling due to a faulty ignition switch, after CEO Mary Barra began her own investigation into the company’s handling of the ignition-switch problem. Jeff Bennett reports.

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