General Motors posted a stronger-than-expected U.S. sales report in December, but Dave Whiston, auto analyst at Morningstar and David Silver, equity research analyst at Wall Street Strategies posed opposing views on the automaker’s stock.
Could driving a minivan, the ultimate embodiment of the suburban family vehicle, ever be considered cool? The New York Times reports.
Seven insurance companies have sued Toyota Motor in an attempt to recover money paid to cover crashes they blame on sudden acceleration.
After more than a year of quietly taking important steps to get Chrysler breathing again, CEO Sergio Marchionne is making it clear this is the year the company will take some big steps.
This was the year General Motors and Nissan made good on their promise to bring mass-produced electric cars to the market. But don't count on seeing one in traffic soon.
Job numbers, equipment orders and capital expenditures, even sales of recreational vehicles, are seen as economic indicators. Here’s another: the Tournament of Roses parade on Saturday, New Year’s Day, in Pasadena, Calif.
It is what will lead the U.S. economy to a self-reinforcing virtuous cycle of increases in production, income, and spending, and it is what will enable risk assets to continue to outperform less risky assets. This condition will prevail for a while. The path to successful investing is to ride these trends and get off before they are discredited, says bond expert Tony Crescenzi.
A missed sales target caps a tough year for shares of BYD, the Chinese electric car company backed by Warren Buffett's Berkshire Hathaway.
I was waiting for this. As soon as GM stock started to pick up momentum or get buy ratings on Wall Street, the "anti-GM brigade" would immediately scream.
California is about to embark on its biggest infrastructure project in decades, a project that isn't fully funded, where predictions of profitability are being questioned, and which depends largely on the American taxpayer.
As stocks ended mixed ahead of the Christmas holiday, the "Fast Money" traders discuss the market movers they were most interested in.
Thank you Ben Bernanke. Thank you lame duck Congress and President Obama. Because of you we have a holiday gift fit for a king in the form of quantitative easing and massive tax cuts.
For the moment, price tag and paycheck don't matter when it comes to providing tax credits to buyers of hybrid cars. Several luxury brands qualify for credits worth thousands of dollars, but only if drivers buy before the end of the year.
The president and CEO of TD Bank Group, Ed Clark, told CNBC Tuesday that the acquisition of Chrysler Financial will add $100 million to its earnings in 2012, then north of that in 2013.
It's probably the number one auto question I get this time of year. No, it's not about what new models will pop up at the Detroit Auto Show in January.
At Detroit's Auto Show in January, Ford will unveil a new compact minivan called C-MAX. While Ford has not officially said when we'll see the C-Max, it's fair to say it will eventually roll into showrooms.
Whether it's restaurants, software, retail or autos, these are the quarters to watch.
Steve Rattner, the veteran investor and co-founder of the private equity firm Quadrangle Group who led the administration's effort to restructure the auto industry, says insider trading charges help clean up bad apples from Wall Street.
The chairman and CEO of Winnebago Industries, Robert Olson, told CNBC Thursday that the retail activity has been improving and dealers have stocked their inventories to meet demand.
Halfway through the month we're hearing more and more cautiously optimistic comments about the pace of sales. And almost all of them say the same thing: sales continue to pick up and people are increasingly coming into showrooms around the country.