SALT LAKE CITY— Car dealers in Utah are pushing back against Tesla's court effort to sell its sleek electronic cars in the state. Tesla is asking the Utah Supreme Court to reverse a state decision blocking it from selling new cars at its $3 million showroom in Salt Lake City. They contend allowing Tesla to sell directly to customers would stifle competition,... » Read More
This is one of those weeks when the auto industry is slowly but surely showing that its darkest days have passed. The three year downturn in production is giving way to small, but important increases in the number of cars and trucks rolling off assembly lines.
Volkswagen and Porsche have broadly agreed on details for a deal to combine two of Europe's most storied automakers, two VW supervisory board members told Reuters on Wednesday.
Get used to seeing more triple digit fuel economy ratings as Toyota, Ford, Chrysler, and other niche players start rolling out the electric line-ups over the next 3-4 years.
Educating the public about electric vehicles will take a lot of time, but implementing them is our future, said Rebecca Lindland, director of the Autos Group at IHS Global Insight.
In the new GM, where the big push is getting closer to the customer, there's an interesting experiment the company is about to launch.
Car enthusiasts could soon find their high-horsepower American vehicles of choice relegated to car museums and collectors' garages. Click to see a handful of today's V-8 muscle soon-to-be collectibles.
A study finds the fuel economy of new cars and light trucks sold in July noticeably jumped, thanks to the "cash for clunkers" program.
General Motors said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius.
That's the fuel economy GM expects the electric Chevy Volt to deliver when it comes out late next year. The company made the announcement this morning in Detroit and already skeptics, fans, and the general public are debating if the Volt's mega-fuel efficiency will be a "game changer" for the industry and General Motors.
The Mad Money host says we should feel confident in this recovery. Here’s why.
Demand for the 'Cash for Clunkers' program has slowed down since the government extended funding for the program, butthe industry is still improving, General Motor's Fritz Henderson told CNBC Monday.
New York Attorney General Andrew Cuomo has issued cease-and-desist orders to nearly 40 auto dealerships for running misleading ads about the "cash for clunkers" program.
One month after exiting bankruptcy and vowing to do business differently, GM is going on-line as it strives to improve its bottom line. The auto maker is teaming up with eBay to sell new cars on line in the state of California. It's a deal the two companies have been working on for a few months and it should be a win/win.
GMAC Financial Services says it will offer a leasing option on select vehicles to drivers in 45 states.
For Steve Feinberg, the onetime owner of Chrysler, the past year has been a crawl toward defeat. He lost billions of dollars. He lost prestige. He lost his privacy. And he ended up a ward and supplicant of the federal government, The New York Times reports.
General Motors says it aims to register 3.5 billion shares of stock for a potential public offering sometime in 2010.
Stocks rallied Friday, bringing their winning streak to four straight weeks, after the latest employment numbers showed signs of a stabilizing job market.
Stocks rallied Friday after the latest employment numbers showed signs of a stabilizing job market.
See the most popular trade-ins and new vehicles purchased under the CARS program, according to the Transportation Dept.
If they say it, it must be so ... On Thursday Goldman Sachs said that since inventory liquidation has been so pervasive, the second half of 2009 will see stronger growth as that liquidation process is reversed...We have been feeling the same for some time.