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GM (NYSE:GM) Announces Milestone for DMAX Engine Plant – GM, F, HMC, SORL, TTM

General Motors Company (NYSE:GM) reported the milestone on Friday for engine plant, as the Moraine DMAX plant reached the 1.5 million diesel engine production mark this week. A joint venture of GM and Isuzu Motors Ltd., DMAX Ltd was established in 1998. GM initiated the Duramax diesel in the United States in its 2001 model […]

Ford Motor Company (NYSE:F)’s shares slightly up 0.27% on Tuesday after it declared that it leads firms selling $3.4B in asset-backed securities while auto debt dominates the market

The automaker giant is issuing $1.08B of bonds backed by auto loans, people familiar with the transaction reported who asked not to be identified for the reason that terms aren’t public. The people said that GM Financial, which provides loans to buyers with poor credit purchased by General Motors Co. (NYSE:GM), is selling $1B in […]