Hedge fund manager Kyle Bass said his bet on J.C. Penney went south because he wasn't able to predict that the retailer's vendors would change terms.» Read More
Two years after recalling millions of vehicles because their floor mats could trap the gas pedal and cause unintended acceleration Toyota is once again issuing a recall for the same problem. This time it involves 154,000 of the 2010 Lexus RX 350 and RX 450 H models.
CNBC's Phil LeBeau reports on the groundbreaking new deal in the auto sector. Also, Jeff Kilburg, Kilburg Capital, weighs in with the best auto plays.
Feel like you’re driving an old car? You’re not alone. In fact, the average age of vehicles in the U.S. has hit a new all-time high.
For consumers seeking safer roads and more fuel-efficiency, automated vehicles that rely on sensors — not humans — for driving are the next big thing in automotive technology. Google and General Motors recently announced new developments.
Cash-strapped local governments in China have begun auctioning off fleets of officials’ luxury cars as part of efforts to bolster revenues hit by the country’s slowdown. The FT reports.
It’s hard to think of another car that has been as highly anticipated or that bares more importance for an automaker than the new Model S is for Tesla.
New car buyers in the U.S. are finding fewer problems with the latest models rolling out of showrooms.
Michael Vetter, President, Stuttgart Sports Cars says the EU-South Korea free trade agreement helped eliminate trade barriers between Europe and South Korea.
These underrated cars may not be household nameplates, but they have as much to offer as those that have achieved legendary status.
Classic cars have been steadily increasing in value, but once you own one of these cars, the cost of restoration, insurance and taxes start to mount, until your investment becomes more about love than money.
To meet the demand, companies have sprung up around the world to reinforce and bulletproof cars and trucks — a practice known as “up-armoring.”
The display at a recent transportation conference offered a peek into the future of automotive safety: cars that to talk to each other and warn drivers of impending collisions.
The "Mad Money" host talks about how the action overseas impacted the U.S. stock market all day long.
Carmakers are paying more attention to rear-seat comfort to please Boomers, who want to impress friends on the way to dinner or a night out.
Trevor Hill, CEO, Audi Korea says that the firm aims to become the top automaker globally by 2018.
Cramer explains why he thinks it’s a “terrific spec,” even in this volatile market.
General Motors is working out how it will spend the money saved by scrapping ads on Facebook and pulling out of the Super Bowl. But it has decided that at least some will go toward a five-year deal to make Chevrolet the official automotive sponsor of Manchester United, the popular British soccer club.
Can technology might reduce urban blight? Business and civic leaders in Detroit certainly hope so.
New data from Polk shows the three largest US auto brands have lost market share to foreign rivals over the last three years.
For the long-term unemployed, it’s time to start thinking outside of the box and looking for jobs that are obscure, unheard-of or otherwise out of the ordinary.
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.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.