DEARBORN, Mich./ SHANGHAI, Dec 5- Ford Motor Co unveiled its 50th anniversary Mustang sports car in its first global launch on Thursday, with a sleek redesign aimed at enhancing the brand's status outside the United States.» Read More
General Motors says it sold more cars and trucks in China last year than it did in the U.S. for the first time in its 102-year history.
General Motors is on the road to recovery after its successful IPO in November. One of the drivers leading this charge, GM Vice Chairman Stephen Girsky, told CNBC on Tuesday there are several factors contributing to the automaker’s turnaround.
The OnStar safety system is escaping from the boundaries of General Motors and will be available in the spring to people who own cars and trucks made by other auto companies.
General Motors says its U.S. sales for December of 2010 were up 16 percent over the same time in 2009. This was much better than analysts had expected.
Seven insurance companies have sued Toyota Motor in an attempt to recover money paid to cover crashes they blame on sudden acceleration.
This was the year General Motors and Nissan made good on their promise to bring mass-produced electric cars to the market. But don't count on seeing one in traffic soon.
Consumers with less than stellar credit are getting car loans again as lenders loosen their standards, and the trend is likely to continue as more lenders get into the business.
All major automakers but Toyota reported strong U.S. sales increases in November as the auto industry's slow-motion recovery continued to gain traction. Ford, General Motors, Chrysler, Nissan, Hyundai and Honda all reported double-digit increases.
General Motors said Tuesday it will hire 1,000 additional engineers and researchers in the Detroit area as it moves toward the next generation of electric vehicle technology.
General Motors will return to the public market this week in what is expected to be the largest IPO in US history, and Mike Jackson, CEO of AutoNation, told CNBC the automaker’s comeback will be a transformative moment for the industry.
Here are the opinions of four drivers all living in America's heartland and one Chevy dealer in Indiana. They gave their views on what was once considered the country's greatest brand.
Inside Treasury headquarters on Pennsylvania Avenue, getting rid of the moniker “Government Motors” is more important than wringing every last nickel out of the sale.
General Motors set the terms of its initial public offering Wednesday, boosting shares on offer as expected in what could be the largest US IPO ever.
As General Motors emerges from bankruptcy, does its reputation remain bankrupt? Five people interviewed by CNBC share their views.
General Motors increased the size of its convertible preferred stock offering by $1 billion Tuesday, strengthening the automaker's balance sheet as the U.S. government attempts to break even on its controversial investment.
Underwriters of GM’s hotly anticipated initial public offering are raising the deal’s price to $32 to $33 per share Monday night, someone familiar with the matter told CNBC.
Underwriters of GM’s hotly-anticipated IPO are expected to raise the deal’s suggested price range as early as today, according to people familiar with the matter.
Trucks outsold cars by the highest margin in nearly five years in October, a sign the economy may be starting to improve.
Ford beat expectations as GM and Chrysler both handily beat estimates for the month of October, putting some life back into the troubled auto industry, even as Toyota falters.
General Motors will look to sell just over $10 billion worth of common stock and $3 billion of preferred stock in an initial public offering that would shift the U.S. government to a minority shareholder in the top U.S. automaker, people familiar with the matter said.
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.