General Motors

Car makers are headed for a record year for sales. Never mind a sluggish U.S. economy and a European recession.

According to a piece in this morning's Wall Street Journal, the U.S. Treasury's welcome at General Motors is wearing thin. GM is reportedly pushing for the government to sell most or all of its remaining stake — currently about a quarter of the company. But the Obama administration seems to be in no hurry to exit.

When the government divests more than 500 million shares of General Motors, stock acquired in the bailout deal could affect the price.

General Motors recently announced it was going to stop advertising on Facebook, and now it's bowing out of doing an expensive ad during the Super Bowl next year.

Just days before Facebook stock trades publicly for the first time, General Motors is giving no official reason for the decision but published reports suggest the ads aren't having the impact GM hoped.

The Chevy Volt, known in Europe as the Ampera, has been named European Car of the Year. But in the United States, sales are sluggish.

Fatter paychecks could boost local economies.

For General Motors, the European debt crisis has just piled on the ongoing problem of too much supply, and not enough demand for their cars in Europe.

General Motors is the latest company to post profits that “fell short of analysts’ estimates.” Who sets these expectations and how valid are they?