A top Toyota Motor executive says U.S. sales surged 40 percent in March, powered by some of its deepest discounts ever in the wake of millions of recalls.
$25,280. Would you pay that for an all-electric car promising to get up to 100 miles per charge? Nissan believes many of you will.
Stocks pulled off a gain Tuesday after a see-saw session as techs and industrials gained, while energy and bank stocks were weak.
Nissan Motor said Tuesday its new electric car will cost just over $25,000 in the U.S., a move that could force rivals to lower prices on similar vehicles.
Consumer confidence is coming back, John Mendel, executive vice president of auto sales at Honda Motor told CNBC.
With Transportation Secretary Ray LaHood announcing two broad investigations into unintended acceleration in Toyotas spacer and whether electronics play a role in all makes and models having potential problems with vehicles suddenly speeding up, the hysteria surrounding this issue should lessen.
Stocks advanced Tuesday after a jump in consumer confidence and encouraging read on housing. Tech and telecom were the big trading story amid news that Apple's working on an iPhone that works on the Verizon network.
General Motors' fortunes have improved, with the number of customers rising from last year and its new products moving off the lots, Bob Lutz, GM vice chairman, told CNBC Tuesday.
U.S. stock index futures poionted to a modest gain at the open on big news in the smartphone industry and ahead of reports on housing and consumer confidence.
Stocks rose Monday, led by energy stocks as oil topped $82 a barrel. Boeing was the biggest gainer on the Dow. Financials were weak.
Toyota will provide its key hybrid technology to Mazda under a licensing agreement reached Monday, the two companies said.
Stocks advanced Monday after a reported showed consumer spending ticked higher last month.
Ever since Ford first started negotiating the sale of Volvo to Chinese automaker Geely, I've received a steady number of e-mails from Volvo owners calling this a sad development for their beloved brand.
U.S. stock index futures pointed to a higher open Monday, despite news out of Moscow that suicide bomber blasts have killed at least 37 people in that city's subway system.
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the company partly attributed to its recent recall woes.
General Motors says it will make another $1.2 billion in loan repayments to the U.S. and Canadian governments by the end of this month.
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.