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Autos Automobiles and Components


  • S&P Closes Above 1,000 Amid Economic Hopes Monday, 3 Aug 2009 | 4:48 PM ET

    Stocks rallied to their highest closes since November Monday following encouraging economic reports from the U.S. and abroad and following news that auto sales got a boost from the "Cash for Clunkers" program.

  • Ford Sales Jump as 'Clunkers' Benefit Kicks In Monday, 3 Aug 2009 | 3:22 PM ET

    Ford Motor's sales growth outpaced its rivals from the U.S. and Japan in July, rising 2.3 percent to give the automaker its first year-over-year monthly sales increase since November 2007, thanks in part to the U.S. government "Cash for Clunkers" program.

  • S&P Hits 1,000 as Oil Tops $71 Monday, 3 Aug 2009 | 2:20 PM ET

    Stocks rallied Monday after a pair of encouraging reports on the manufacturing sector, plus strong bank earnings out of Europe and expectations for strong auto sales. The S&P briefly topped 1,000, a level it hasn't seen since November.

  • Stocks Rally on Factory Reports; Ford Jumps Monday, 3 Aug 2009 | 10:08 AM ET

    Stocks got a quick pop at the open Monday after some strong bank earnings out of Europe and expectations that auto sales will show a boost from the "Cash for Clunkers" program. But the rally quickly fizzled.

  • Futures Gain as Europe Stocks Hit 1-Year High Monday, 3 Aug 2009 | 9:06 AM ET

    Stock index futures indicated a strong opening for Wall Street Monday, helped by European markets that hit a broader-index high for the year on better-than-expected bank earnings.

  • Ford Posts First Positive Sales in 2 Years Monday, 3 Aug 2009 | 9:00 AM ET

    Credit Cash for Clunkers with giving Ford the boost needed to post its first positive monthly sales in 2 years.

  • Stocks Rise Nearly 1% for Week; Ford Gains Friday, 31 Jul 2009 | 6:00 PM ET

    The Dow pulled off a modest gain Friday, capping a rocky week — and month.

  • Recession Has Hit a Trough: Strategist Friday, 31 Jul 2009 | 4:41 PM ET

    The recession has hit a trough and we're past the worst month, said David Kelly, chief market strategist at JPMorgan Funds.

  • Stocks Pare Gains Amid Economic Worries Friday, 31 Jul 2009 | 3:24 PM ET

    Stocks pared gains Friday afternoon as investors worries about the economy after this week's mixed reports.

  • Woman looks at new Toyota Camry on dealer lot

    The House voted to pump $2 billion into a popular cash-for-clunkers program running near empty, with a leading Democrat saying "consumers have spoken with their wallets."

  • Stocks Advance After GDP, Clunker News Friday, 31 Jul 2009 | 11:36 AM ET

    Stocks wandered around Friday but seemed to lean higher as investors digested a pair of economic reports and news that the Obama administration wasn't suspending its "cash for clunkers" program.

  • When Auto Plants Close, Only White Elephants Remain Friday, 31 Jul 2009 | 10:45 AM ET
    Abandoned Lot

    Abandoned car factories, sprawling over hundreds of acres, often stand vacant for years awaiting demolition, environmental cleanup and a willing developer.

  • Cash for Clunkers a Victim of its Success Friday, 31 Jul 2009 | 9:28 AM ET
    Car Allowance Rebate System

    When I first heard the $1 Billion set aside by the Federal government for the "Cash for Clunkers" program was about to run out, I chuckled and thought, "well that didn't take long." It also has brought up a question as to whether or not the quick evaporation of money means the public is ready to buy cars and trucks again, or if this is a one time "flash point" of demand sparked by Federal money. My gut says it's the latter.

  • Futures Turn Lower After GDP Report Friday, 31 Jul 2009 | 9:17 AM ET

    US stock index futures pared their gains Friday after the latest GDP report showed a better headline number than economists expected, but traders had already been anticipating that number, which pros said is why the market was rallying the past few days.

  • car_dealership.jpg

    The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.

  • Sell Block: Cramer’s ‘Cash for Clunkers’ Trade Thursday, 30 Jul 2009 | 6:46 PM ET

    He has one stock in mind. The question, though, is whether or not it still works.

  • BYD's all-electric e6 Sedan

    Warren Buffett's bet on a Chinese electric car company is generating sparks.  Bloomberg notes that Berkshire Hathaway's stake of almost 10 percent in BYD has soared in value by about $1 billion since it was first announced last fall.  The purchase was completed today at the September price after the China Securities Regulatory Commission gave its approval for the deal

  • GM Ends 50-Year Run as Sponsor of Buick Open Tuesday, 28 Jul 2009 | 11:20 AM ET
    Tiger Woods & GM

    General Motors will end its half-century run as sponsor of the Buick Open golf tournament as it tries to focus scarce marketing dollars on its cars and trucks, a person briefed on the decision said Tuesday.

  • In Study, Texting Lifts Crash Risk by Large Margin Tuesday, 28 Jul 2009 | 11:00 AM ET
    Texting and driving

    The first study of drivers texting inside their vehicles shows that the risk sharply exceeds previous estimates based on laboratory research - and far surpasses the dangers of other driving distractions.

  • A Clunker or Just a Beater Due to be Cashed in? Monday, 27 Jul 2009 | 8:39 AM ET
    Car Allowance Rebate System

    With so many people holding onto their car or truck longer, it's only natural folks are asking if they have a car that qualifies for the Cash for Clunker program. The fact is, most of us will not qualify for the federal program which kicked off this weekend. That's primarily because of the restrictions Washington has placed on the program.