DETROIT, Dec 12- Ford Motor Co said on Thursday that it is adding more than 11,000 new jobs in the United States and Asia in 2014 as it rolls out 23 new vehicles, the biggest launch year in the company's 110- year history. The second-largest U.S. automaker will hire more than 5,000 workers in the United States, including 3,300 salaried positions.» Read More
Despite a huge increase in the cost of gas since 1970, a new study by the University of Michigan showed that more people are driving alone. It's the latest reflection of how driving in America has changed over the last 43 years.
Daniel Akerson, General Motors chairman & CEO, offers insight on the automaker's last quarter, and that it will take advantage of the abundance of natural gas.
Toyota will reshuffle its top bosses and take the axe to its decision making structure, part of a move to put lower-ranked workers in day-to-day command as it seeks faster responses to market changes, the firm said on Wednesday.
Movies may fade from memory, but a cool car is forever. Read ahead to see CNBC.com’s list of 10 cars from the silver screen whose memories have hung around long after the credits rolled.
High-end cars are in high demand. In fact, ultra-luxury auto sales are off to a roaring start in 2013 as wealthy car buyers snatch up Bentleys, Lamborghinis and other pricey models at a rate far greater than the industry sales pace.
As the host of "The Car Chasers," a new series on CNBC Prime, Jeff Allen and his team will take you inside the business.
Auto sales in the U.S. are at the highest levels since 2007 and it's the ultra-luxury brands likes Rolls Royce, Ferrari, Bentley, and Lamborghini that are seeing the biggest demand, reports CNBC's Phil LeBeau, live outside CNBC headquarters. (4:31)
The world's major luxury auto manufacturers have been bucking the trend, rolling out new models for the super luxury market at the 83rd Geneva motor show, against a backdrop of slumping sales in the mass market in Europe.
American car buyers, attracted by new models and cheap financing, are taking out bigger auto loans and stretching out the terms of those loans to a new record length.
Dieter Zetsche, Daimler chairman, introduces the automaker's newest models, including the debut of the AMG A-45 and a new CLA class, priced under $30,000. Will the effort to attract new customers and turnaround the company work? CNBC's Phil LeBeau asks the man in charge about his three-year contract and plans for the company.
Europe's car market is facing a precipice and the region's shrinking demand shows little signs of recovery this year, Carlos Ghosn CEO of Renault Nissan, told CNBC Tuesday.
Stephen Odell, CEO of Ford Europe, tells CNBC that Europe is down between three and five percent, with a lot of indicators suggesting the market has now bottomed out.
McLaren unveiled the P1 at the Geneva Motor Show. The car will retail at $1.3 million and can reach 218 miles per hour.
Jeff Allen buys, re-tools and sells cars for top dollar, so he must be doing something right. Read ahead to see 10 cars he restored that turned major profits.
The data show that a recovery in the auto industry is currently underway and the American consumer won't be paralyzed by dysfunction in Washington, the CEO of Autonation.
Mike Jackson, Chairman & CEO of AutoNation, breaks down the numbers on another month of impressive sales.
British carmakers Rolls-Royce and Bentley will unveil new vehicles at the Geneva Motor Show next week, joining battle in the fast-growing luxury end of the market on behalf of their German owners.
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.
A new study by the National Highway Transportation Safety Administration found that Americans have a need for speed.
Mary Barra's success rests on whether she can make GM more competitive, profitable and live up to its potential.
GM is dropping Chevy as its primary brand for mass-market vehicles in Europe and making Opel its mainstream line.