NEW YORK (AP) — A senior member of President Barack Obama’s auto task force testified Wednesday that the U.S. government will not continue to fund General Motors Corp.‘s operations if the automaker doesn’t get approval to sell its assets to a new company within the next 10 days.

DETROIT (AP) — U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection.

NEW YORK (AP) — Hyundai said Tuesday that customers in the U.S. who buy or lease its vehicles by Aug. 31 will receive a gas card that lets them buy fuel at $1.49 a gallon for a year, a promotion to win over consumers worried about volatile prices at the pump.

NEW YORK (AP) — A bankruptcy judge on Thursday ruled that a group representing General Motors Corp.‘s salaried retirees cannot form a formal committee to negotiate with the automaker as it attempts to reorganize and emerge from Chapter 11 as a new company.

WASHINGTON (AP) — Car shoppers could take advantage of government incentives worth up to $4,500 this summer to send their old gas guzzler to the scrap heap in favor of a more fuel-efficient new vehicle.

A summary of developments in the Chapter 11 bankruptcy cases of General Motors Corp. and Chrysler LLC…

WASHINGTON (AP) — General Motors and Chrysler executives defended the closings of hundreds of dealerships Friday as House lawmakers questioned whether the decisions would save any money or help the troubled companies rebound.

NEW YORK (AP) - General Motors Corp. has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske, both companies said Friday.

WASHINGTON (AP) - The chiefs of General Motors and Chrysler told Congress on Wednesday they have too many dealers to support their slimmed down operations and sacrifices must be shared as they fight to overcome bankruptcy and survive. They acknowledged that slashing dealerships is causing pain in communities around the U.S.

DETROIT (AP) — General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand.

NEW YORK (AP) - Chrysler on Thursday launched into its second day of testimony in its bid to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.

DETROIT (AP) - General Motors Corp. said Thursday a committee of bondholders has agreed to a sweetened deal proposed by the U.S. government to erase the automaker’s unsecured debt in exchange for company stock.

NEW YORK (AP) - Chrysler LLC wants to eliminate roughly a quarter of its 3,200 U.S. dealerships by early next month, saying in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.

Claxton Chrysler-Dodge-Jeep also on closing list.

NEW YORK (AP) - Chrysler’s bankruptcy is testing Wall Street’s resilience. After rising sharply in early trading Thursday, the Dow Jones industrial average pared its gains and traded flat after President Barack Obama confirmed that Chrysler LLC will be going through bankruptcy. The proceedings will last up to 60 days.