*Toyota to end Scion brand, re-badge as Toyota cars. *Partly victim of millennials changing car buying habits. TOKYO, Feb 10- When Toyota Motor looked to the future at the turn of the millennium and aimed its new, edgy Scion small-car brand at twenty-somethings, it could not have guessed that the model would be dead after just 12 years.» Read More
Toyota says it is recalling about 50,000 Sequoia sport utility vehicles from the 2003 model year to fix an unexpected slowing of the vehicle.
They aren't sexy. In fact, some might even call them boring. But one thing that stands out about Honda cars, SUV's and minivans is their appeal to buyers who want reliability and fuel efficiency.
The cautious optimism is gone - replaced with a confidence in a profitable future. For Ford CEO Alan Mulally the company has transitioned into a new phase of growth. From here forward, Ford not only will be expected to be solidly profitable. And not just in most parts of the world, but in every region- including the U.S.
GM is running TV ads claiming that they have repaid their government TARP loan of $8 billion and change early. Eight billion? So what is that stock worth asks William Dunkelberg, Economics Professor at Temple University.
Plus, get calls on the banks, autos, retail and more.
As Ford prepares to file quarterly earnings that are expected to show the company earned at least a billion dollars in profit for Q1, investors are starting to ask themselves, "Where does Ford go from here?"
Whenever I blog about the Beijing Auto Show I invariably get a slew of e-mails from people saying one of two things: Detroit is a more important auto show and/or who cares about what happens in China.
The global auto industry is driving out of a crisis, supported by increasing appetite from China, Carlos Ghosn, President and CEO, Nissan & Renault told CNBC Friday.
Walk through the massive Beijing Auto Show 2010 and you know immediately that the race for clean energy cars leadership in China is officially on. But is the Chinese consumer ready?
For every 1,000 people in China, 30 own a car. In the US, the figure is 700 or 800. Selling cars to the bicycling masses of China is a prospect to make any carmaker salivate.
The smile on the face of GM Chairman Ed Whitacre Jr. says it all. The quiet confidence from GM Vice Chairman Steve Girsky makes it clear. Read between the lines, you'll see GM is speeding toward profitability.
As most of us focus on GM paying off its remaining loans to the U.S. And Canadian government, few are paying attention to Detroit's other troubled automaker.
Few at GM will admit it in the open. Heck, they don't even like to talk about it. But make no mistake, GM is moving to have an initial public offering. It's still too early to project when it will be, but I have little doubt it will happen this year.
Bailed-out automaker General Motors will repay the roughly $6 billion it owes to the US and Canadian governments before its previously announced deadline of June 1, CNBC has learned.
It might be a stretch to say GM and Toyota are going in different directions, but Monday was the clearest sign yet these two automakers find themselves in completely different places than they have in the past.
Plus, did you heed Cramer's airlines call on Friday?
Take advantage of the declines in these stocks, Cramer says. Friday’s “scandal” won’t keep them down for long.
Here, we present the top 10 class-action lawsuits in the United States either won, settled or pending, and in terms of damages sought as compiled by LawInfo.com.
While much of the country is fixated on the millions of Toyota vehicles that have been recalled, there's news about recalled cars that is getting little attention.
Plus, get calls on the autos, casinos and more.