Kyle Bass's Hayman Capital has taken a stake in General Motors, betting that the once bankrupt company is undervalued, he told CNBC.» Read More
CNBC Prime's new series The Car Chasers" premieres next Tuesday. Hosts Jeff Allen and Perry Barndt, weigh in.
Which cars were flying off the lot in February, with CNBC's Phil LeBeau.
The American auto industry posted steady sales gains for the month of February, as executives reiterated their belief the industry sales pace this year will wind up in a range of 15.3 to 15.5 million vehicles.
General Motors reported a 7.0 percent gain in U.S. auto sales in February, beating several analyst estimates, while U.S. rival Ford Motor posted a slightly weaker-than-expected 9.0 percent gain.
Jeff, the buyer comes up with a creative way to help push a sale through, but he needs Perry, the fixer's help. Will Perry do it?
CNBC's Phil LeBeau talks with Kurt McNeil, General Motors vice president of North American sales about the automaker's February sales numbers, especially strength showing in its truck sales.
Allen Scott removes dents without having to do body or paint work but will he be able to fix the dent in this Ferrari?
Nearly four years after taking over Chrysler, Sergio Marchionne is ready to take the Detroit automaker to the next level.
CNBC Prime's new series "The Car Chasers" premieres next Tuesday. Hosts Jeff Allen and Perry Barndt, weigh in.
CNBC's Phil LeBeau speaks to Sergio Marchionne, Fiat Chrysler CEO about the company's expansion of transmission production in America, the U.S. economy and whether an IPO is in the works.
Chrysler, scrambling to keep up with greater demand for its Jeep Grand Cherokee, is hiring 1,250 workers and increasing production of 8 and 9 speed transmissions.
CNBC's Phil LeBeau reports the automaker announced it is adding jobs and offering investment initiatives at its KoKomo transmission plant in Indiana.
Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.
For the 10th straight year, the Toyota Prius makes the Consumer Reports' top 10 models, reports CNBC's Phil LeBeau. For the first time since 2007, there are no Big 3 models in this year's top 10.
There are no American cars in Consumer Reports' annual list ranking the top models and brands. CNBC's Phil LeBeau reports this is the first time since 2007 this has occurred.
For the first time since 2007 the top ten vehicles picked by Consumer Reports does not include a model built by General Motors, Ford or Chrysler.
Late Monday CNBC reported the company will ask the federal government for approval to pay CEO Dan Akerson $11.1 million in 2013. After initially saying it had no comment on pay requests for its top executives, GM now says it is requesting Akerson receive total compensation of $9 million.
General Motors, which still needs the federal government to approve how much it pays top executives, wants to pay CEO Dan Akerson $11.1 million this year, according to documents obtained by CNBC.
GM says starting next year it plans to put 4G LTE technology into millions of its cars, trucks and SUVs in a move that will put “mobile” into automobile.
General Motors is announcing it's teaming up with AT&T to bring 4G wireless to most of its cars by next year. CNBC's Phil LeBeau offers insight.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.
The resurgence of GM shares comes as the Federal government is about to finish selling its stake.