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  • After years of lamenting the "death of the car" and the rise of the SUV and CUV, fans of the sedan are finally seeing things turn their way. Last month, for the first time in roughly 20 years, cars outsold trucks (Pick-ups, SUVs, CUVs and minivans).

  • SUVS_lot.jpg

    Soaring gas prices has forced more Americans to buy smaller cars.

  • A top aide to billionaire investor Kirk Kerkorian says Ford Motor should sell its Volvo and Mercury brands.

  • 2008 Ford Expedition

    At long last the gas price surge has hit a point where truck and SUV sales are hurting. How bad is it? Look at the awful April numbers for truck sales.

  • Major automakers reported lower April sales across the board as record-setting gas prices stemmed vehicle purchases, with truck sales seeing especially steep falls.

  • volvo_grill_AP.jpg

    The destruction of the orange sedan with its slapdash paintwork may have been intentional but it was far from wanton.

  • Stocks finished slightly lower Wednesday as another rate cut and no indication from the Federal Reserve that it plans to stop anytime soon killed an earlier rally.

  • Stocks advanced Wednesday after a slightly better-than-expected report on economic growth. General Motors shares jumped after the auto maker posted a smaller-than-expected loss.

  • Stocks advanced Wednesday after a slightly better-than-expected report on economic growth. General Motors shares jumped after the auto maker posted a smaller-than-expected loss.

  • Stocks advanced Wednesday after a slightly better-than-expected report on economic growth. General Motors shares jumped after the auto maker posted a smaller-than-expected loss.

  • GM logo, General Motors logo

    Take that GM doubters. In the last month there's been a growing chorus of investors and auto industry followers who have started to question if the General Motors turnaround had stalled. It looks like the naysayers are a bit overzealous in their predictions of gloom and doom.

  • A Chevrolet dealership in Loveland, Colorado.

    General Motors posted better-than-expected results on strong overseas sales, despite a costly supplier strike, waning demand for its most profitable vehicles and charges related to struggling former subsidiaries.

  • Ford

    In one week Ford has gone from being perceived as an automaker struggling to jump start its business, to a company and stock worth betting on. My how things can change in just a few days. So it's time to ask yourself: Do you believe Ford will come back?

  • 2007 BMW 335i Convertible

    Germany dominated earnings headlines from Europe Tuesday, with luxury-car maker BMW reporting a mixed set of first-quarter results, rival Daimler announcing worse-than-expected first-quarter earnings and Continental posting a 29 percent rise in first-quarter underlying operating profit.

  • Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Tuesday.

  • Ford

    Billionaire investor Kirk Kerkorian has taken aim at the No. 2 U.S. automaker, acquiring what could become a 5.6 percent stake in Ford Motor.

  • Kirk Kerkorian

    How's this for an intriguing move. Tracinda Corp., the investment firm representing the vast interests of billionaire investor Kirk Kerkorian is tendering an offer to take a greater stake in Ford Motor Company.

  • This company is years ahead of the competition, Cramer says.

  • European shares rallied on Friday to end the week in positive territory, led by technology stocks after Ericsson beat forecasts with its earnings, and as the banking sector stabilized.

  • ericsson phones.jpg

    Earnings news dominated Friday's European trade with Sweden's Ericsson's shares up more than 12 percent after the company reported better-than-expected results.