Hyundai, Kia forecast slowest global sales growth in 9 yearsAuto News

Hyundai Motor and Kia Motors forecast their weakest sales growth in nine years as they run out of capacity to increase output and competition intensifies in major markets.



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General Motors issues 3 new recalls, citing ignition systemsAuto News

General Motors announced three new recalls affecting nearly 84,000 SUVs and pickup trucks, saying their ignition systems may have problems that could affect engine power and airbag deployment.



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GM to record $800 million charge after redeeming preferred sharesAuto News

GM said it will record a charge of about $800 million in the fourth quarter to redeem all 156.1 million of its outstanding Series A preferred shares.



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