Sales of pickup trucks were up 60 percent in July from a year ago at AutoNation, the nation's largest auto dealer, in a clear indicator the economy is recovering, Chairman and CEO Mike Jackson said on CNBC Wednesday morning.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Every year we get the list of most targeted cars and trucks by thieves and every year it seems to be the same story. If you're driving a pint size car, don't worry...By comparison, it's those of you styling behind a Cadillac Escalade who need to realize your Luxury SUV has a target on it. And those of you with a pick-up are in a similar spot.
To get a sense of the cars that are most sought-after by criminals, the Highway Loss Data Institute (HLDI) has compiled its list of the cars with the highest relative theft rates.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
Honda last week reported its best quarterly operating profit in over two years, thanks in large part to a 38 percent jump in deliveries in Asia. The company hopes to improve sales in the U.S. through a variety of initiatives, including better inventory management of the subcompact Honda Fit. It will also launch a hybrid version of the Fit in Japan later this year. .
Now that Ford has officially completed the sales of its Volvo subsidiary to China based Geely Automotive, the world will be watching to see what happens with the famed Swedish brand. Relax Volvo fans.
The Mad Money host sends an ominous message and lists what earnings to watch next week.
As the President takes a bow in Detroit for his administration saving the Big 3, the real story in Michigan is whether the folks who run GM and Chrysler (and many of the suppliers) will remember how close they came to collapsing. They better not forget.
One possible scenario for Avis, which is far smaller than Hertz and also smaller than the company it is seeking [Dollar Thrifty] is for it to counter with the upcoming bid. While Avis is poised to give it a shot, it’s still a long one that it will come out of this winning the war.
As soon GM announced the price of the new Chevy Volt at $41,000, I could here skeptics scoff and say, "Are you kidding me? Who will pay that for an electric car?"
Cramer tackles that question and more in his interview with CEO Alan Mulally.
Plus, get calls on tech, housing and more.
Given how well things have been going for Ford, it would be easy to say the new Explorer SUV will do well simply because Ford is the hot brand right now.
Take a look at why these six stocks are worth watching.
Overshadowed by all the hoopla surrounding Ford posting much better than expected earnings ($.68 a share vs. Street expectation of $.40) is the story of why Ford is knocking the cover off the ball.
The automaker blew past Wall Street forecasts with a second-quarter profit of 68 cents a share and said results would continue to improve into 20101.
Rating agencies are concerned about legal liability under the new financial regulation guidelines—though it seems the SEC may have addressed those worries late Thursday.
Calling all GM critics! It's time to once again take a shot at the government owned auto maker. And believe me, they are already firing away at the latest move from GM. Spending $3.5 billion to buy AmeriCredit Corp.
In the first half of this year, G.M.’s China sales rose 48.5 percent over the same period last year, and for the first time ever, the automaker sold more vehicles in China than in the United States. Just 13 years after entering China, G.M. now says the country accounts for a quarter of its global sales — blistering growth that even G.M. did not expect this soon.