NASHVILLE, Tenn.— A new union vote is scheduled for this week at the Volkswagen plant in Tennessee, but so far it's been largely devoid of the public threats, promises and handwringing that surrounded last year's election at the factory. Bob Corker, the Tennessee Republican who earlier declared that Volkswagen would become a "laughingstock" in the business world...» Read More
How do you define "free market". Yesterday, I argued the "free market" should determine if cars and trucks are powered by diesel fuel or by the conventional gasoline most vehicles currently use. This baffled some of you.
A daunting litany of ills imperils U.S. banks, from toxic assets to rising loan defaults. After the irritating spectacle that played out in Washington yesterday, we can add a new threat: the Congressional Oversight Panel tracking TARP.
Over the last two days, as I've blogged about new fuel efficiency rules President Obama laid out at the White House, I've been struck by the opposition to these changes.
With the new mandate from Washington, this efficiency movement in the auto industry will pick up momentum, and several companies are positioned to profit.
For years, we've heard Detroit and other auto makers lobby against higher fuel economy standards because it would drive up costs and ultimately hurt sales of SUV's and pick-ups- vehicles Americans want.
I have never bought a car in my life. My wife has bought a lot of them. I'm just not that into cars. I have usually referred to the cars we own by their color.
President Barack Obama wants drivers to go farther on a gallon of gas and cause less damage to the environment—and be willing to pick up the tab.
Auto sales continue to be week this month as consumers struggle with lack of confidence and lack of credit, General Motors CEO Fritz Henderson said Tuesday.
"UNCLE!!!!!!!!!" That's the cry you'll hear from Detroit to Washington as President Barack Obama announces a new tailpipe emission standard that mirrors the tough measures California has been trying to impose for years.
President Barack Obama will issue new vehicle emission standards and pair them with a broader goal of reducing pollution, marking the first time limits on greenhouse gases will be linked to federal standards for cars and trucks.
At 789 Chrysler lots across America sit 44,000 potential bargains—cars and trucks that are stuck between shell-shocked dealers and a troubled company that no longer wants their services.
Ask yourself these questions: If you are looking for a new car, truck, or minivan right now, will you buy a Chrysler, Dodge, or Jeep? Will you seriously consider one of those models?
General Motors is engaged in negotiating a reorganization that could increase vehicle imports from its plants in Mexico and Asia while closing factories and cutting the work force in the United States.
Volkswagen, Europe's largest carmaker, has halted tie-up talks with Porsche as it said its smaller peer and major shareholder was not ready for a merger.
American automakers are struggling to stay alive, allowing smaller firms the chance to take market share. Here are Cramer’s favorites.
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Speaking near Albuquerque, New Mexico, at a town-hall meeting on Thursday, Pres. Obama said the federal debt load is unsustainable and warned of skyrocketing interest rates. He neglected to say that his massive spending-and-borrowing policies are directly causing this problem.
It's a tough day waiting for the mail. Hundreds of GM dealerships are getting letters telling them that time is running out, that it's unlikely their franchise contracts with the automaker will be renewed. Most of those contracts expire in October of NEXT year, so this doesn't mean 1,100 dealerships are disappearing overnight.
Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.
Futures pared losses Friday after a pair of better-than-expected manufacturing readings.