Wed May 16, 2012
NPR Story

Business News: Bershire Hathaway Buys 10 Million Shares Of GM

Originally published on Wed May 16, 2012 5:18 am



NPR's business news starts with a sign of confidence in the U.S. auto industry.


INSKEEP: Berkshire Hathaway has bought 10 million shares of General Motors. The company owned by the billionaire investor Warren Buffett spent just over $200 million for that stake in GM. It is the first time Berkshire has invested in an American automaker.

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Tue May 15, 2012
The Two-Way

Report: GM Will No Longer Buy Ads On Facebook

The Facebook thumb.
Paul Sakuma AP

According to The Wall Street Journal and CBS News, General Motors is planning to pull its ads from Facebook.

That would be a big move because GM has spent about $10 million in Facebook ads and the news comes just days before Facebook goes public on Friday.

The Journal reports:

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Fri May 11, 2012
Mitt Romney

Romney Shifts Gears On Auto Industry Bailout

Originally published on Fri May 11, 2012 4:52 pm

Republican presidential candidate Mitt Romney arrives for a town hall-style meeting at Stamco Industries, a truck parts supplier, in Euclid, Ohio, on Monday.
Jae C. Hong AP

Mitt Romney is from Michigan, a state he has said he hopes to win in November. But the likely Republican presidential nominee has very publicly opposed the government bailout of the auto industry.

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Wed May 9, 2012
The Two-Way

County Judge Overturns Small Claims Hybrid Judgment Against Honda

Originally published on Wed May 9, 2012 11:23 am

Heather Peters and her 2006 Honda Civic hybrid. She went to court over its disappointing mileage.
Reed Saxon AP

It was a story about the little guy taking on the big, multinational corporation on equal footing: Heather Peters, a California woman, took Honda to small claims court claiming her hybrid Civic wasn't getting the gas mileage promised on the window sticker.

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Sun April 29, 2012
NPR Story

Auto Manufacturing Gears Up For Chinese Consumers

Originally published on Mon April 30, 2012 10:31 am



Let's stay in China now. With its growing population and economic rise, that country has become the world's largest car market. It's a distinction China has held for several years now. And it's an auto market that's becoming increasingly important to American companies. All that is on display at the Beijing Auto Show, which opened this past week. The big emphasis at the show this year is luxury cars with big chrome grilles and also very big price tags.

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