GM Adding 1,200 Autoworkers at Ohio Plant

General Motors Corp. said Tuesday it is bringing 1,200 autoworkers back to work this summer to start producing the Chevrolet Cruze compact car at a factory in northeast Ohio.

GM CEO Henderson Resigns

General Motors' CEO Frederick "Fritz" Henderson has resigned after eight turbulent months as head of the largest U.S. automaker.

Money Minute: GM Readies Government Repayment

General Motors reports improving fortunes, volatile retail sales and UPS says holiday-season business is up from last year.

Money Minute: Hummer Brand Sold

GM unloads the Hummer auto brand, the nation's trade gap slips and Marge Simpson becomes a cover model.

Money Minute: GM, Intel, Yahoo

General Motors will go to 24-hour operations at factories in Kansas, Michigan and Indiana.

Money Minute: Cell Contracts, Jobs, GM

The FCC says it will investigate whether exclusive cell phone deals, such as the one that locks the iPhone to AT&T, are good for consumers.

Money Minute: Bourbon, FDIC, GM

Federal regulators are adopting a new system to help replenish the deposit insurance fund. The new fee system - which will shift more of the burden to bigger banks - is intended to raise $5.6 billion.

Money Minute: Ken Lewis, GM, Oil

Ken Lewis is keeping his seat on the Bank of America board, but his job title is less certain.

Money Minute: Oracle; GM, AIG

Oracle has snapped up Sun Microsystems for $7.4 billion, trumping IBM's attempt to buy one of Silicon Valley's best known and most troubled companies.

Money Minute: GM, Chrysler, Oil

General Motors Chief Executive Fritz Henderson says that a bankruptcy filing is "probable."

Money Minute: Microsoft, Nuts, GM

Antitrust regulators have fined Microsoft's German subsidiary nearly $12 million, saying the software maker illegally influenced retail prices for its Office 2007 programs.

White House Questions Viability of GM, Chrysler

President Barack Obama said Monday that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts.

Tough Deadlines for Chrysler, GM

The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit that would dramatically reshape the nation's auto industry.

GM CEO to Step Down at White House Request

General Motors Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday.

Money Minute: GM, Digital TV, Mountaintop Mining

General Motors has announced the first of 3,400 salaried layoffs in the United States.

Money Minute: GM, TARP, Layoffs

General Motors is ending its controversial "jobs bank" program.

Electric fault spurs big GM recall

DETROIT (Reuters) - General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal safety regulators.

A short-circuit in the system may cause other electrical features to malfunction, create an odor or cause smoke, increasing the risk of a fire, the National Highway Traffic Safety Administration said on its website.

The recall involves the 2007-2008 model year Chevrolet Silverado, Tahoe, Avalanche and Suburban, Cadillac Escalade, Escalade ESV and Escalade EXT, GMC Acadia, Sierra, Yukon, Yukon XL and Saturn Outlook; 2006-2008 Hummer H2, Cadillac DTS and Buick Lucerne; and the 2008 Buick Enclave.

GM plans to install a wire harness with an in-line fuse free of charge to fix the problem, NHTSA said.

Electric fault spurs big GM recall....

G.M. Suspends Dividend and Plans More Layoffs

By NICK BUNKLEY and BILL VLASIC

DETROIT — General Motors said Tuesday that it would reduce labor costs for salaried workers by 20 percent, eliminate its quarterly dividend and further reduce truck production to ensure that it has enough cash to finance its turnaround for at least two more years.

The moves are expected to raise about $15 billion by the end of 2009, the chief executive Rick Wagoner said in an address to employees.

G.M. Suspends Dividend and Plans More Layoffs....