NASHVILLE, Tenn.— A new union vote is scheduled for this week at the Volkswagen plant in Tennessee, but so far it's been largely devoid of the public threats, promises and handwringing that surrounded last year's election at the factory. Bob Corker, the Tennessee Republican who earlier declared that Volkswagen would become a "laughingstock" in the business world...» Read More
Talk about a little car making a big impression. Yesterday, when you saw Tata's new microcar, the Nano, and its equally small price of $2,500 you sent me e-mails. You love it! You really, really love
British aero-engine maker Rolls-Royce Group plans to cut 2,300 jobs from among its managerial, professional and clerical staff to help offset rising costs and the effect of the weak dollar.
We won't see it here in the states anytime soon and there are still plenty of questions about how much of a market there is for this pint size car. Still, the new Nano by Tata is getting big buzz. The company unveiled the car yesterday in India, and since its reveal I've been inundated with questions from other bloggers...
India's Tata Motors on Thursday unveiled its much anticipated $2,500 car, an ultra-cheap price tag that brings car ownership into the reach of tens of millions of people. But critics worry the car could overwhelm the country's roads and create an environmental nightmare.
Nissan Motor, Japan's third-biggest automaker, is set to supply Chrysler with fuel-efficient small cars, Japanese broadcaster NHK reported on Thursday.
Having covered and coming to know Alan Mulally during his time running Ford and previously as head of Boeing Commercial Airplanes, I've come to expect him to be upbeat, even in the most dire of times. I've also been with him enough to know when his optimism turns to quiet confidence.
It's the grand daddy of American auto shows, so it's about time the Detroit Auto Show goes "Prime Time." It finally happens next week and we couldn't be happier that CNBC is the network raising the profile of the auto show.
Slowdown talk hurts tech, commodities, defense stocks today. UBS downgrades IBM on concerns about a slowing in tech orders; Deutsche Bank downgrades Boeing and Goodrich. Commodities weak across the board—metals, steel, iron ore (2nd day in a row.) Defensive stocks—consumer, drugs all strong. Lilly upgraded at Morgan Stanley.
Have you seen the Ford Explorer lately? The current model shows just how far the once vaunted SUV has plunged, while the new Explorer America Concept is a vision of where sport utilities and Ford may be headed in the future.
It still hasn't been built and it may not hit showrooms by the time people have been projecting. Yet, it's causing a puzzling amount of angst for investors and auto fans. I'm talking about the Chevy Volt, an electrically driven car GM is developing.
Renault has called 2008 a "critical" year as it seeks to boost sales volumes by at least 10 percent helped by its recently revamped Laguna and Twingo and nine new models it will introduce.
Toyota Motor overtook Ford Motor to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position.
But don't expect the Fed to help.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
As I was digesting the latest auto sales numbers, I saw one bullet point cross the newswires that I keep thinking about. For the first time since 1931 Ford is not #2 in U.S. Auto Sales behind General Motors. The second place slot is now controlled by Toyota.
It was nowhere as close as the presidential races taking place in Iowa. Nor does it have the level of importance that goes with a presidential caucus. But when we asked you to let us know which automaker has the most to prove in 2007, you made it clear, by a long shot, that Ford is the automaker on the hot seat.
U.S. automakers were expected to report on Thursday that sales finished 2007 weakly, hurt by the housing slump and high gasoline prices, and the resulting worst sales year in a decade for the industry was seen as likely to increase pressure for further production cuts.
Maybe it's because of the Iowa caucus' taking place Wednesday night. Maybe it's because at the start of a new year, it's a good time to make predictions. Or maybe it's because the auto show season is about to kick off with the automakers putting out their visions for the future. Whatever the reason, I think today is the day to ask YOU which automaker has the most to show, prove, gain, lose in 2008?
Hyundai Motor, South Korea's top auto maker, said on Wednesday it was aiming to sell 3.11 million vehicles in 2008, up 19.6 percent from 2.6 million last year.
General Motors' joint venture in China is recalling 7,056 Buick cars in the country due to front brake problems, Xinhua news agency reported, citing China's top quality watchdog.
For sale: Auto company with a colorful, if unspectacular, track record. Located in the fast-growing Eastern Europe market, with plenty of capacity for building new models. The prize property on the block? Yugo! Yes, that Yugo!