NEW YORK, Nov 25- General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in their vehicles, a Manhattan federal judge ruled on Wednesday. District Judge Jesse Furman found no showing that the automaker and King& Spalding...» Read More
Stocks edged lower at the open Friday, with investors unimpressed over earnings beats from Intel and JPMorgan Chase as well as economic readings in line with expectations.
At face value, it is not the biggest story in the auto industry. But it is one more important sign the auto market is returning to health.
A blockbuster earnings report from Intel was not enough to boost the Dow and S&P stock index futures on Friday, but there are a number of key events ahead this morning to influence investors before the opening bell rings.
Whereas the global regulatory and political powers-that-be made a good job of feigning coordination in their collective panic-button-pushing stimulus at the height of the financial crisis, it seems that it’s everyone for themselves in the scramble to punish the perceived perpetrators.
Investors should steer clear of these three Chinese stocks, the Mad Money host says.
Wall Street staged another late-day rally as investors were undeterred by a weak picture in the jobs market and retail, as well as a government move to punish bailed-out bankers.
Wall Street's stumble over weak economic trends was a short one, as investors turned an early loss into a modest gain despite disappointments in jobs and retail sales.
After the last three years and seeing scores of auto plants close down and thousands of plants shut down, it's easy to fall into the trap of thinking the auto industry is dead. Nothing could be further from the truth.
Wall Street's direction Thursday is likely to be driven — at least in the early morning — by two key economic numbers, the weekly jobless claims report and December retail sales.
Cramer highlights a less than obvious pick on this hugely popular green technology.
Stocks closed higher, pushing the Dow average to a fresh 15-month closing high, as investors bought financial, technology and pharmaceutical shares.
This car is not yet approved by the DOT for street driving, so my limited test drive was limited to an industrial complex outside Detroit. But even in short drive, the Nano impressed me with plenty of pep and responsive handling. Its tight turning radius will be an asset for zipping around in urban areas with tight spaces. For an entry-level car, it works. You don't get the feeling you are driving a compact car that lacks power and agility.
The US auto industry is on the fast-track to recovery and will sell one million more vehicles this year than in 2009, Autonation CEO Mike Jackson told CNBC.
Stock index futures are currently pointing to a modestly higher open for Wall Street on Wednesday, following Tuesday's mild selloff that saw the S&P 500 post its first losing session of 2010.
Plus, get the Mad Money host’s take on two other potential plays on the industry.
Three veterans of the auto industry share their thoughts in the Detroit auto show, what cars are hot and not, the industry's prospects for this year and the lessons of a disastrous 2009.
Stocks closed broadly lower as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa's disappointing results stoked unease about the economic recovery.
Sergio Marchionne has heard the comments. He knows there are plenty of people who have written off Chrysler. He knows there are scores of reporters who take the lack of auto show press conferences as a sign the company is dead in the water. He also knows Chrysler can no longer afford to make big promises it can't keep.
Friction is building between the United States and China, and it’s time for all of us to pay attention. We are on the brink of a trade war with an uncertain behemoth, and recent policy decisions from Washington are fanning the flame, writes Gary Shapiro, President & CEO of the Consumer Electronics Association.
Jean Jennings is no wallflower. She says what she thinks. It may not always turn out to be true, but that's not stopping the Editor of Automobile Magazine from saying whatever she wants. And most times, it gets your attention.