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Autos Automobiles and Components

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  • Obama's 1st Move Should Be to Save Autos: Ross Wednesday, 5 Nov 2008 | 7:38 AM ET

    The obvious and easy first move for President-Elect Barack Obama is to put some money into the automobile industry to save a large number of jobs, financier Wilbur Ross said Wednesday.

  • Toyota: Are They Ready To Be Number One? Monday, 3 Nov 2008 | 9:08 AM ET
    toyota_logo.jpg

    Later today we'll find out if Toyota passes up GM in October auto sales to become the first foreign auto maker to lead the U.S. in monthly auto sales. If it happens, it would be a watershed moment in the auto industry and in American business.

  • Charlie Brown

    Rick Wagoner meet Charlie Brown. GM's Chairman and CEO now knows how the cartoon character felt getting a box of rocks for Halloween. It looks like Washington/Bush Administration is saying "no thanks" to providing the money needed to make a GM/Chrysler merger happen

  • Nissan, Suzuki Slash Forecasts as Auto Gloom Deepens Friday, 31 Oct 2008 | 7:15 AM ET
    Nissan

    Nissan Motor and Suzuki Motor capped a turbulent week for automakers everywhere with their own profit warnings on Friday, as executives predicted a rough ride for the foreseeable future.

  • Six Governors Ask Feds to Aid US Automakers Thursday, 30 Oct 2008 | 2:42 PM ET

    The governors of six states have sent a letter to federal officials asking that they take "immediate action" to help the troubled domestic automakers.

  • GM Should Go Bankrupt—I'm Hearing A Lot Of That Thursday, 30 Oct 2008 | 12:48 PM ET
    GM logo, General Motors logo

    As we move closer to seeing the Treasury Department approving $5-10 billion in federal loans to back a merger of GM and Chrysler, I've been hit with a wave of comments from readers, viewers, and others that basically amounts to this: We should let GM go bankrupt because they aren't worth saving.

  • As Gas Prices Go Down, Driving Goes Up Thursday, 30 Oct 2008 | 11:58 AM ET
    highway_traffic.jpg

    The sharp decline in gasoline use earlier this year — with volume down nearly 10 percent in some weeks — suggested to many people, including the automobile companies, that a permanent change in American habits might be at hand. But with gasoline prices falling drastically in recent weeks, some American drivers are returning to their old ways, says the New York Times.

  • Stocks Jump 11% Amid Bargain-Hunting Spree Tuesday, 28 Oct 2008 | 5:18 PM ET
    Dow Jones Index Chart

    Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.

  • Dow Surges Nearly 700 Points In Late Rally Tuesday, 28 Oct 2008 | 3:47 PM ET

    Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.

  • Stocks Zig-Zag as Confidence Plunges Tuesday, 28 Oct 2008 | 12:57 PM ET

    Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.

  • GM's Wagoner: He'll Get What He Needs From Washington Tuesday, 28 Oct 2008 | 10:53 AM ET
    Rick Wagoner

    Washington doesn't have much of a choice but to give GM the money. If it doesn't, there is a very real possibility Chrysler and GM slide toward bankruptcy.

  • Stocks Pare Gains as Confidence Plunges Tuesday, 28 Oct 2008 | 10:10 AM ET

    Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.

  • Busch: Autos on a Roll—Downhill Tuesday, 28 Oct 2008 | 9:58 AM ET
    Andrew Busch

    Today the number two Japanese auto market, Honda Motor Co, warned of lower-than-expected annual profits as a deepening financial crisis has hammered demand for cars and sent the yen soaring according to Reuters.

  • Futures Take Strength from Global Gains Tuesday, 28 Oct 2008 | 8:15 AM ET

    Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.

  • toyota_logo.jpg

    This week is not only the last one of the month. It's also the week that could determine if GM holds on to the top spot in monthly auto sales in the U.S.

  • GM's Management Team: Can They Stay In Control? Friday, 24 Oct 2008 | 9:23 AM ET

    Whether it's the Wall Street Journal speculating about Cerberus Capital pushing for "fresh air" in the management at GM, or the steady flow of e-mails I get from people saying "Wagoner must go!", there is no shortage of people suggesting GM's leadership needs to change.

  • GM/Chrysler Job Cuts Just Part Of Very Scary Times Thursday, 23 Oct 2008 | 9:05 AM ET
    Jobless

    This morning GM and Chrysler announced a fresh round of job cuts due to the stunning drop in business and their balance sheets.

  • Mad Mail: Should I Buy ConocoPhillips? Wednesday, 22 Oct 2008 | 8:15 PM ET

    Plus, Cramer makes the call on the Pickens Plan and Monroe Muffler.

  • Three Reasons For GM Not To Buy Chrysler Wednesday, 22 Oct 2008 | 9:05 AM ET
    GM logo, General Motors logo

    Ever since word first leaked out about GM talking with Cerberus Capital about buying Chrysler, I've had two basic conversations with those in the companies, in the industry, on Wall Street, and you the reader/viewer.

  • Stop Trading!: Cramer on Kerkorian Tuesday, 21 Oct 2008 | 3:35 PM ET

    The Mad Money host offers his theory on why the billionaire is dumping Ford (and it isn't just because the automaker's doing so poorly).