For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers, which paid up to $4,500, or promotions that offered employee discounts to everyone.
The Obama administration proposed on Monday two alternatives to the window stickers in new vehicles, including one that would assign letter grades for fuel economy and greenhouse gas emissions. The New York Times reports.
Since the Toyota recalls, automakers are taking initiative instead of waiting for regulators, which has caused a flood of recalls. The NYT reports.
Here's why you should keep a close eye on these six stocks.
Plus, Cramer makes the call on banks and machinery stocks.
Yes, GM is back in the black. It made $2.2 billion in the first half of 2010. But what investors need to ask themselves is whether GM has the products, the game plan, and the leadership to grow business consistently quarter after quarter.
A Delaware bankruptcy judge has told auto parts supplier Visteon that it must restore health and life insurance benefits for thousands of retirees.
For Dan Akerson, GM's new incoming CEO, there will be one question he hears time and again, when he meets with other leaders of the automaker Tuesday.
The Mad Money host on Monday begged Washington to be more creative with the company’s coming IPO.
An off-road truck plowed into a crowd and scattered "bodies everywhere" moments after sailing off a jump at a California race Saturday, killing eight people and leaving 12 injured, authorities and witnesses said.
The resignation of Mark V. Hurd last week from his seemingly secure post as chief executive of Hewlett-Packard has got to be one of the great head-scratchers in recent times. The NYT reports.
After a dismal period of huge losses and deep cuts that culminated in the bailout of General Motors and Chrysler, the gloom over the auto industry is starting to lift. The NYT reports.
If you’re running a company, do you notice a loss of productivity, caused by one or more of the following changes? Your staff won’t travel or may be uncharacteristically cantankerous and uncooperative in that they refuse to tackle what they usually do routinely—sales calls, closing deals or meeting clients for lunch.
Remember when General Motors was sliding into bankruptcy in early 2009? Back then, it was common to hear people blast the old GM board of directors as being short-sighted, poorly run, and an example of how a board of directors should NOT function.
Right now, you might be saying to yourself, "Who is Dan Akerson? What does he know about running a car company?" Fair questions. But they may not be the most important question to ask following his selection to become the new CEO, and ultimately chairman, of General Motors.
If you thought the Federal Governments investigation of unintended acceleration in Toyota vehicles would turn up any unusual revelations, think again.
Plus, get calls on tech, autos and more.
Between now and the end of the year Chrysler will roll out 15 new and refreshed models, to join the revamped Jeep Grand Cherokee. These are the horses Chrysler needs to ride if its sales (and profits) are going to improve.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
The president has an opportunity to ensure that it's not just the "fat cats" that benefit from GM's public stock offering, Cramer said.