LANSING, Mich.— The U.S. auto industry's home state of Michigan is preparing for the advent of self-driving cars by pushing legislation to allow for public sales and operation— a significant expansion beyond an existing state law that sanctions such vehicles for testing only. While widespread use of driverless cars may be years away, lawmakers and... » Read More
If you believe the early forecasts, March is turning out to be a great month for two automakers driving down to very different roads.
Stocks snapped a two-day winning streak Wednesday as a downgrade on Portugal's credit rating sent the dollar higher and stocks and commodities lower.
Stocks fell Wednesday as a downgrade on Portugal's credit rating sent the dollar higher and stocks and commodities lower.
Stocks remained lower Wednesday after a disappointing new-home sales report, but didn't add much to its losses. Stocks started the day lower after Portugal's credit rating was downgraded, accelerating jitters about European debt problems.
Tomorrow in a San Diego courtroom, dozens of lawyers leading class action lawsuits against Toyota will jockey to become one of the lead attorney's in a national class action case against the auto maker.
U.S. stock index futures drifted ahead of the open Wednesday, taking a pause after the major indexes secured strong gains at the close Tuesday, on the back of better-than-expected existing-home sales data.
When Ford announced the CEO Alan Mulally made nearly $18 Million last year, I was surprised when I got a few e-mails from people suggesting he made too much money.
Wondering where to put your money now? Cramer highlights his favorite sectors.
Ford Motor President and CEO Alan Mulally made $17.9 million last year, about 1 percent more than the previous year, as the company struggled through the worst U.S. auto sales market in decades, the AP reported.
This is what happens when you combine pent up demand, a slowly improving economy and the most generous incentives we've seen since Cash for Clunkers.
For the second time this week, Investigators from Toyota and the National Highway Traffic Safety Administration have found nothing wrong with a Prius the driver blamed for suddenly accelerating.
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Three years after Alan Mulally vowed to make Lincoln a world-class brand again, the Ford division surged into second place in the J.D. Power Vehicle Dependability Study.
Shares of Ford Motor surged to a five-year high Wednesday after a ratings agency upgraded the automaker's debt and said Ford has the potential to improve its finances even further.
Read on for Cramer’s target price. Plus, get calls on the banks and more.
The challenges facing new GM CFO Chris Liddell could not be any bigger. Two months into his job at the country's largest auto maker he's trying to steer a company from money-losing post bankruptcy status to profitable future as a publicly traded company.
Bailed-out auto company General Motors has a reasonable chance of being profitable this year, and it plans to repay its government loans as soon as possible, CFO Chris Liddell told CNBC Wednesday.
The central bank can’t touch these companies, Cramer says. Neither can the Democratic majority in Washington or the bubble-conscious Chinese, for that matter.
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors what other carriers are already doing.
It seems like a case of Deja Vu. Another Monday press conference in California where Toyota's technical staff will refute a claim about sudden acceleration.