BUENOS AIRES, Nov 25- Argentina's automakers said on Wednesday the reforms promised by president-elect Mauricio Macri would take a while to bear fruit in Latin America's third largest economy and they expected their sector to remain stagnant throughout the first half of 2016.. Argentina's car industry has struggled in recent years due a stagnant domestic...» Read More
Aggressive price cuts and a lack of good-quality used cars has sent the price of some new autos below their second-hand equivalents, the Financial Times reported Thursday.
Is bailout nation about to strike again? Sure looks like it. According to this morning’s front-page Wall Street Journal story, life-insurance companies are about to get TARPed. This is nuts.
NOT SEEN ON T.V.: Jalopnik.com Editor Ray Wert reveals the top three new cars on a value-basis, live from the NY Auto Show.
Chrysler is working hard to complete a deal with Fiat, but is also prepared if the deal doesn't go through, Vice Chairman and President Jim Press told CNBC Wednesday.
As I walk around the New York Auto Show and talk with executives from GM, Toyota, and Chrysler there is one question you hear over and over: Are buyers actually coming back into showrooms?
It sounds crazy: Just a week after the White House scolded Chrysler LLC for relying too much on gas guzzlers, the company is heading to a marquee auto show Wednesday to unveil a new SUV.
The bankruptcy option for GM seems to be gaining momentum. If the automaker does file for Chapter 11 protection, are you worried about unitended consequences?
One of the least efficient automobile factories anywhere in the world exists in Russia, reports the New York Times.
The first time you see the new PUMA (Personal Urban Mobility and Accessibility) 2 seat ride, you think to yourself, "well, that's pretty cool."
Remember when Ford shares touched $1.01 a few months back and people were speculating about when the troubled automaker was "forced" into bankruptcy? Those days seem like a distant memory.
After 26 years as one of the most politically connected investment bankers on Wall Street, Steven Rattner finally took a job in Washington — only it is not quite the one friends and business associates thought it would be.
In the week since President Obama's Auto Task Force decided GM and Chrysler were not viable, much of the focus has been on the future of GM, who runs the company, and how the country can save its largest auto maker.
Shares of Mitsubishi Motors jumped to a three-month high on Friday after a newspaper said the automaker would double its annual production capacity target for electric cars in the business year to March 2012.
Calling it "general theft," Sen. John McCain blasted the Obama administration's budget proposal on CNBC Thursday.
March sales fell sharply for General Motors, Ford Motor and Chrysler, but not as much as industry analysts had feared for any of the companies. Sales of Japanese automobiles also fell, though less steeply than they did for U.S. automakers.
Automakers were set to release their March U.S. vehicles sales on Tuesday amid continued uncertainty about the future of U.S.-based car makers.
The president's position on GM has not changed since Monday, a senior administration official said when asked to comment on a Bloomberg report which said Obama had determined a prepackaged bankruptcy was the best way for GM to restructure.
Following are the “Fast & Furious” trades. Here' you'll find even more Fast ways to trade tomorrow's market moving events.
Stocks closed out a tough quarter on a positive note, helped by gains in technology and big banks.
More companies like Ford, GM and JetBlue are throwing a lifeline to laid off customers with refunds or payment protection.