As I walk around the Detroit Auto Show, the gloom and doom of last year has lifted. Replaced with cautious optimism. All is not well in Motown, but there are reasons to be optimistic.
The sheer number of hybrid and electric vehicles on display at the 2010 North American International Auto Show in Detroit certainly illustrates the green commitment of automakers, but other--more significant--environmental improvements will be less noticeable.
Demand for cars in the US is likely to rise to up to 12 million units this year, as the economy has bottomed, General Motors Vice Chairman Bob Lutz told CNBC Monday.
Stocks are poised for solid gains at the start of trading Monday, following rallies in major markets in Asia and Europe.
A weaker-than expected jobs report spooked investors however it failed to send stocks tumbling. Instead money rotated into tech. Should you scoop up tech, too?
One month into his tenure as CEO of GM, Ed Whitacre Jr. has a pretty simple game plan for getting GM back on track: just make money. Don't laugh. It's what the man has said time and again, most recently Wednesday afternoon when talking with reporters. While his strategy may sound hokey and simple, I think it's exactly what GM needs right now.
To the dismay of safety advocates already worried about driver distraction, automakers and high-tech companies have found a new place to put sophisticated Internet-connected computers: the front seat.
General Motors new chief financial officer will be a candidate for the CEO job, and GM expects to bring back hundreds of dealers who lost their franchises, the interim CEO said Wednesday.
Cramer gave calls on the auto industry, plays on changes in airport security, and perhaps most importantly, his perspective on when interest rates will be raised.
If it's not already apparent, we are quickly heading towards a day when our car will be fully "wired" into our lives and that connectivity opens up a host of opportunities and problems.
A recovery is taking place right under the noses of both the pundits and the press.
Plus, get the latest on Google’s new phone, Ford’s footprint overseas and more.
Ford Motor's December sales leaped an adjusted 23.3 percent, far outpacing industry forecasts for the U.S. automaker, while sales at General Motors declined 12.8 percent, slightly worse than expected.
The first December auto sales numbers are out and Ford closed out '09 with a bang. Adjusting the number of sales days last December to match those in December '08, Ford boosted sales 23.3%.
In the clearest sign yet that the world's least expensive mass-market car is coming to the U.S., Indian automaker Tata says its Nano micro-car could be here in three years.
US auto sales are expected to have hit a 30-year low of about 10 million when figures are released today. But partly because of loosening credit.
Commerce Secretary Gary Locke told CNBC Monday that the US is not in a trade war with China but must enforce fair trade laws no matter the trading partner.
It may be halfway around the world from Detroit, but the auto expo this week in New Delhi, India is in many ways a far more important than the one we'll see next week in Detroit.
We’re looking forward to "something different for 2010...after we survived a very provide a rocky 2009 in the beginning," said Art Cashin, director of floor operations at UBS Financial Services.
The government is providing a fresh $3.8 billion cash infusion to stabilize GMAC Financial Services as it struggles with hefty losses in its home mortgage unit.