Let’s not pretend that this bailout is more than what it was: A mere wealth transfer that helped the unions at the expense of all taxpayers, says Carol Roth.» Read More
When Clint Eastwood said in a Super Bowl commercial for Chrysler, "It's halftime America and our second half is about to begin," many looked at it as a rallying cry for American business. It's easy to see why.
It's becoming routine for Toyota. The latest survey of how Americans perceive various car brands ranks the Japanese auto maker as number one.
Mike Jackson, AutoNation chairman & CEO, weighs in on the company's fiscal fourth quarter, and discusses a new branding plan.
In another sign of its turnaround, Chrysler said its profit jumped to $1.7 billion in 2012 as sales rose 18 percent.
Juergen Pieper, co-head of research at Bankhaus Metzler, tells CNBC why the European car market outlook is not as pessimistic as has been made out, although it should be braced for a tough start to 2013.
Toyota Motor will recall 1.1 million cars globally for defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said on Wednesday.
China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.
Used car sales in China grew faster than new car sales for a second straight year in 2012, and should account for half of all sales within seven years as the world's biggest autos market matures.
CNBC's Phil LeBeau breaks down the automaker's fourth quarter numbers and projected losses. And, Michael Ward, Sterne Agee analyst, weighs in on the earnings and explains why he has a "buy" on the stock.
CNBC's Phil LeBeau reports on expected losses in Europe for the automaker.
Erich Hauser, automotives analyst at Credit Suisse, explains to CNBC why investors are shorting the European car industry.
In North America it is growing profits and margins while Europe is a money losing operation.
CNBC's Phil LeBeau reports Ford earnings beat the Street but the company is predicting a wider loss in Europe for 2013. Also, Transportation Secretary Ray LaHood has announced he will be stepping down once a replacement is named.
CNBC's Phil LeBeau reports Ford CFO Bob Bob Shanks says the company is seeing incredible strength in North America, and also expects 2013 to be the year Europe's losses bottom out.
Ford Motor reported higher-than-expected earnings and revenue Tuesday, but predicted a wider loss in Europe due to persistent weakness in the region.
CNBC's Phil LeBeau reports Ford earned Q4 earnings per share of $0.31 and revenue of $34.5 billion.
At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.
Toyota has reclaimed its position as the world's #1 car-seller. Carter Worth, Oppenheimer and Zachary Karabell, River Twice Research, discuss whether General Motors or Toyota make a better buy.
Toyota Motors regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.
Mitsubishi Motors said it is recalling about 14,700 electric vehicles globally due to a brake problem unique to the electric-powered cars in one of the biggest callbacks involving the new generation of eco-friendly cars.
GM is dropping Chevy as its primary brand for mass-market vehicles in Europe and making Opel its mainstream line.
And Ford is targeting the global market: The newest Mustang was unveiled in six cities around the world on Thursday.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.