A new sense of optimism filled the Detroit auto show Monday as the industry looked forward to a recovery from one of its worst years on record. Automakers are still reeling from a collapse in sales to levels not seen since 1983, bankrupting General Motors and Chrysler and dethroning the Detroit Three as the biggest sellers in the US market ...

General Motors Co. will build a pure-electric vehicle by expanding the Chevrolet Volt's battery pack and removing its internal combustion engine, Vice Chairman Bob Lutz said Monday. It's the next step for the Volt, a car the company says can run 40 miles ...

DETROIT (Reuters) - General Motors Co <GM.UL> could post a profit in 2010 if the U.S. industry stages modest recovery but remains subject to the risk that the improving trend in the U.S. economy is reversed, the automaker's vice chairman, Bob Lutz, said on Monday. Lutz, speaking to Reuters Television on the sidelines of the ...

A diminished Detroit auto show is expected to shed its traditional theatrics as it opens in the Motor City Monday, with badly battered automakers working to make more out of less. Much of the glitz and glam will be gone from the press preview days as automakers cut back their marketing budgets in the wake of a collapse in sales ...