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Click above for high-res gallery of the Corvette ZR1 at Barrett-JacksonThe very first Corvette ZR1 has rolled off the assembly line at General Motors' assembly plant in Bowling Green, Kentucky, and the proud owner of the 638-horsepower hellraiser was there in person to claim his prize. Chevy dealer ......

Click above to view videoAs fanboys of any great car will tell you, at some point in your life you have make a pilgrimage to the birthplace of your favorite car. For Corvette fans, that means a trip to Bowling Green, Kentucky, current home of the Vette assembly plant, as well as the National Corvet......

Bear Stearns analyst Peter Nesvold believes the new labor agreement GM signed with the UAW is transformational -- just not right now. Nesvold shifted GM to the "underperform" pile in the expectation that GM's stock price would drop in the near term. Instead, Nesvold recommends Ford because it "repre......

This morning, General Motors announced its second quarter earnings, which saw the giant automaker earn $891 million in Q2 compared to a loss of $3.4 billion last year that had analysts wondering whether the automaker would be around for today's announcement.GM's performance in the second quarter pla......

Two years ago when General Motors embarked on its latest turnaround plan, the company instated a two-year stock trade ban on its top 20 executives. The group included well-known names such as Chief Executive Rick Wagoner, and Vice Chairman of Global Product Development Bob Lutz. Until today, none of......

Not much has been heard about GM's acquisition of Chrysler recently, and with parts supplier Magna partnering with two private equity firms, the General has taken a back seat in the bidding. According to both Automotive News and the Detroit News, GM's proposal is still on the table, although at firs......

Gajillionaire Kirk Kerkorian and his investment firm Tracinda Corp. washed their hands of General Motors yeseterday after selling off all of their remaining shares in the company. Their 19-month relationship with the automaker is marked by Kerkorian's failed attempt to get General Motors to form an ......

Billionaire investor Kirk Kerkorian announced today that his investment firm Tracinda Corp. had cut its stake in General Motors from 9.9% to 7.4% by selling $462 million worth of the automaker's stock. That amounts to a sell off of 14 million shares at $33 per share.The move by Kerkorian comes after......

"Screw you guys, I'm going home." A phrase made famous by Cartman from South Park but one that we find so apt for news coming out of General Motors this afternoon. Royally irked over the ending of alliance talks with Renault/Nissan, billionaire investor Kirk Kerkorian has announced that he won't buy......

Kirk Kerkorian may buy up to 12 million additional shares of GM stock, according to Automotive News. The billionaire investor would need approval from the Securities and Exchange Commission for the deal because it would send his company, Tracinda Corporation, well over 10 percent ownership of GM com......