The short-live age for Government Motors is coming to a close. The company filed plans for its initial public stock offering Wednesday. Following its bankruptcy last year, General Motors had been a private company, owned 60 percent by the...

Finally, here's some good news for middle-class taxpayers tired of bailing out carmakers with federal funds: The rich are stepping up to the plate.One hundred—presumably affluent—individuals snapped up the entire production run of 100 special-edition Neiman Marcus Camaro Convertibles...

After being ushered through bankruptcy, then bailed out with about $7 billion in federal loans and $60 billion in stock, General Motors's largest investor was the federal government. In April, GM paid off the last of its government loans....

In the works for about a year, Ford Motor Company today completed the sale of Volvo Car Corporation to Zhejiang Geely Holding Group Company Limited, a Chinese corporation known simply as Geely. The parties agreed to a $1.8 billion...

As the Queen song goes, another one bites the dust. (Read: "Another brand falls: Ford to close Mercury.") With the demise of this brand, we got to talking about our experiences of a favorite Mercury. Were there any memorable...

Ford Motor Company has announced that it will close down its Mercury brand in late 2010 and it will expand the Lincoln product portfolio. The 1,700 Mercury dealers will receive formal notification tomorrow morning, though there are no Mercury-only...

The industry is abuzz with word that Ford is considering closure of the Mercury brand. If it does, what will the impact be to consumers? In reality, probably very little. (Read: "Ford may close Mercury.")Closing Mercury would be far...

General Motors CEO Ed Whitacre announced that the company paid off over $8 billion in loans to U.S. and Canadian government this morning. The loans were paid back in full with interest five years ahead of schedule and two...

Three years after breaking free of its merger with Chrysler, Daimler AG has inked a tie-up with the Renault-Nissan Alliance. Nissan and Renault joined forces in 1999. According to an announcement today, Daimler will cooperate with Renault and Nissan...

After being unable to find a suitable buyer, General Motors will wind down Hummer, according to Automotive News and Bloomberg. The news is not unexpected, as GM announced in February that it was not completing a deal begun with...