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Spot Gold Extends Losses, Falls 3.3% to Weakest Since October 2010

Automobiles

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  • 'Cash-for-Clunkers': What You Need to Know Now Monday, 3 Aug 2009 | 5:06 PM ET

    So if you didn't make it to the dealer last week, have you missed your chance for the cash—and are you stuck with your clunker?

  • Woman looks at new Toyota Camry on dealer lot

    The House voted to pump $2 billion into a popular cash-for-clunkers program running near empty, with a leading Democrat saying "consumers have spoken with their wallets."

  • The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.

  • GM Ends 50-Year Run as Sponsor of Buick Open Tuesday, 28 Jul 2009 | 11:20 AM ET
    Tiger Woods & GM

    General Motors will end its half-century run as sponsor of the Buick Open golf tournament as it tries to focus scarce marketing dollars on its cars and trucks, a person briefed on the decision said Tuesday.

  • Chrysler to Double 'Cash For Clunkers' Incentive Wednesday, 22 Jul 2009 | 9:10 AM ET
    Chrysler Logo

    Chrysler says it will double the $4,500 government incentive for people to trade in their old gas guzzlers for new vehicles under the "cash for clunkers" program.

  • Auto Sales Could Rebound Next Year: Toyota Exec Monday, 20 Jul 2009 | 5:10 PM ET

    Auto sales could bounce back to the $12- to 13-million annual sales rate within a year, Toyota Motor's North American President Yoshi Inaba said Monday.

  • GM Investing $1 Billion in Brazil for New Cars Wednesday, 15 Jul 2009 | 12:07 PM ET

    General Motors says it is investing $1 billion to develop two new car models in Brazil.  The president of GM's operations in Brazil and the Mercosur countries says it is GM's biggest investment since the onset of the global financial crisis.

  • GM CEO Henderson Says New GM Must Succeed Friday, 10 Jul 2009 | 4:44 PM ET
    Fritz Henderson

    GM CEO Fritz Henderson told CNBC Friday that the new GM must succeed and he said that he believes that the company will do just that.

  • GM CFO Young: No Positive Cash Flow Until 2010 Friday, 10 Jul 2009 | 1:00 PM ET

    On the day GM emerged from bankruptcy, company CFO Ray Young told CNBC Friday that the new GM won't be seeing real cash flow until sometime in 2010.

  • New GM Emerges in One of Worst Sales Slumps Ever Friday, 10 Jul 2009 | 8:49 AM ET
    GM auto dealership with sign.

    Once the world's largest and most powerful automaker, new GM is now cleansed of massive debt but faces a daunting task as car sales are in the worst slump in 25 years.

  • GM Road To Leave Bankruptcy Cleared by Judge Thursday, 9 Jul 2009 | 3:00 PM ET
    First page of the US bankruptcy filing for General Motors Corporation

    The path is now clear for General Motors to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market.

  • Hyundai Must Go Luxe to Reach Wide Audience: Exec Wednesday, 8 Jul 2009 | 10:48 AM ET

    As Hyundai looks to gain share in the auto market, it will need to offer a full range of vehicles, said John Krafcik, acting president and CEO of Hyundai Motors America.

  • Judge Denies Motion to Fast-Track GM Sale Appeal Wednesday, 8 Jul 2009 | 10:27 AM ET
    First page of the US bankruptcy filing for General Motors Corporation

    The sale of most of General Motors' assets is moving closer to completion, after a bankruptcy judge denied motions by groups with asbestos and injury-related claims seeking to halt the sale and appeal directly to the 2nd Circuit Court of Appeals.

  • GM's Sale Plan Approved; Appeal Likely Over Ruling Monday, 6 Jul 2009 | 11:26 AM ET
    First page of the US bankruptcy filing for General Motors Corporation

    A bankruptcy judge has ruled that General Motors can sell the bulk of its assets to a new company, but it appears the ruling will be appealed by a Chicago law firm.

  • Fewer Dealerships: A Wrench in New Mechanic Plans? Saturday, 4 Jul 2009 | 6:40 PM ET
    Customer at an auto dealership.

    General Motors and Chrysler are closing 3,200 dealerships nationwide, and aren't doing any favors for recent automotive tech graduates looking for mechanic jobs. But fewer people buying new cars and trucks also means people are counting on their older vehicles to run reliably.

  • Car Dealer Determined To Fight Chrysler Over Franchise Saturday, 4 Jul 2009 | 6:29 PM ET
    2007 Chrysler 300

    A former Chrysler dealership owner is determined to challenge the automaker's decision to terminate his franchise.

  • GM Awaits Judge's Ruling on Asset Sale Plan Thursday, 2 Jul 2009 | 3:08 PM ET
    First page of the US bankruptcy filing for General Motors Corporation

    An attorney for General Motors urged a bankruptcy judge Thursday to approve the automaker's sale plan, saying that the only other alternative would be a liquidation of the company's assets.

  • Judge Denies GM Retirees' Request For Committee Thursday, 25 Jun 2009 | 3:28 PM ET
    General Motors logo

    A bankruptcy judge on Thursday ruled that a group representing General Motors salaried retirees cannot form a formal committee to negotiate with the automaker as it attempts to reorganize and emerge from Chapter 11 as a new company.

  • GM Cutting 4,000 White Collar Jobs By End Of Year Tuesday, 23 Jun 2009 | 4:49 PM ET
    GM Headquarters

    General Motors has notified its U.S. white-collar workers that it plans to cut about 4,000 more jobs by the end of the year.

  • Ford to Get Loan to Develop Fuel-Efficient Vehicles Monday, 22 Jun 2009 | 7:29 PM ET

    The Energy Department is lending money to the Ford Motor from a $25 billion fund to develop fuel-efficient vehicles, congressional officials said Monday.

Behind the Wheel with Phil Lebeau

  • A new study shows drivers who use hands free cell phones to talk or send messages while on the road are more distracted.

  • Chevy Volt

    With Chevy Volt sales lagging and inventory backing up, General Motors is offering up to $5,000 cashback.

  • A decade after the Toyota Prius became the first hybrid to get large numbers of buyers, sales of the car need a charge.

Most Popular Video

Wednesday, 19 Jun 2013 | 10:13 AM ET

No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.

Wednesday, 19 Jun 2013 | 10:52 AM ET

CNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.

Wednesday, 19 Jun 2013 | 11:36 AM ET

Are reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.