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.

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....

GM posts $15.5 billion loss as sales sputter

By Kevin Krolicki and David Bailey

DETROIT (Reuters) - General Motors Corp (nyse: GM - news - people ) reported a $15.5 billion quarterly loss Friday as North American sales dropped by 20 percent and resale prices for SUVs coming off lease plunged.

GM shares fell as much as 10.6 percent in reaction to the automaker's announcement of the much bigger-than-expected quarterly loss, the third-largest in its history.

The No. 1 U.S. automaker also burned through $3.6 billion in cash as it cut factory output 27 percent and ran down inventory of slow-selling vehicles in its home market.

GM ended the second quarter with $21 billion in cash and $5 billion in undrawn credit. It has since drawn down a secured revolving loan facility by $1 billion.

GM posts $15.5 billion loss as sales sputter....