General Motors Co. (NYSE:GM) reported a 8.2% decrease in April sales due to the timing of rental customer deliveries, and improving economy. Further, the company raised its 2012 sales outlook based on higher-than-expected first quarter industry sales and expectations that the U.S. economy will continue to grow.   read on...

CIBC World Markets Inc. analyst Michael Willemse downgraded his rating on shares of ATS Automation Tooling Systems Inc. (TSE:ATA) to "Sector Underperformer" from "Sector Performer" in the light of about 54% increase in the share price year-to-date.   read on...

General Motors Co. (NYSE:GM) shares were maintained at "Buy" Deutsche Bank (DB) on valuation. The bank has price target of $33 on the stock.   read on...

General Motors (NYSE: GM) intends to acquire a 7 percent stake in Paris-based automaker PSA Peugeot Citroen as part of an alliance to share vehicle platforms. Under the arrangement, Peugeot will raise 1 billion euros ($1.34 billion) in new capital.   read on...

Cooper Tire & Rubber Co. (NYSE:CTB) shares were downgraded to "Hold" from "Buy" by Deutsche Bank (DB)   read on...

CIBC World Markets Inc. raised price target on shares of Westport Innovations Inc. (NASDAQ:WPRT) to $35   read on...

CIBC World Markets Inc. raised its price target on General Motors Co. (NYSE: GM) to US$36.00 from US$32.00,   read on...

General Motors Co. (NYSE:GM) reported Q4 EPS of 28 cents, down from 31 cents in the year-ago   read on...