Automobiles and Components
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Are electric cars running out of juice again? Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time.
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Wagoner, Watanabe, Ghosn, Zetsche. They are the last names of four powerful men who have had a profound impact this year not only on their companies, but the auto industry as a whole. As I've reported the stories involving their decisions and their companies, I'm often surprised to hear...
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GMAC is beginning a new era as an independent financial services company--after 87 years as a wholly owned subsidiary of General Motors. On Thursday--GM sold its 51% stake in its most profitable GM unit to an investment consortium led by Cerberus Capital in a move that dramatically improved GMAC's credit profile and capital position.
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General Motors said its November retail sales were up 11%, while it reduced sales to corporate fleet customers including car rental companies by 7% in the month.
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A record number of U.S. corporate bosses have left their jobs this year, in part reflecting the widening stock options backdating scandal, according to data released today.
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From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.
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Toyota Motor sold more vehicles in the U.S. last month than Ford Motor, marking the second time ever that the No. 2 domestic automaker was beaten out by its Japanese rival.
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Ford Motor said U.S. November vehicle sales fell 10% from a year earlier, driven by a decline in truck sales as consumers moved to more fuel-efficient options.
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Toyota Motor Sales USA said November U.S. auto sales rose on strong demand for its Camry midsize sedan, helping push the Japanese automaker past Ford Motor for the No. 2 sales spot for a second time this year.
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American Suzuki Motor said its November U.S. auto sales rose on demand for its biggest sport-utility vehicle and its smallest car.
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DaimlerChrysler reported that U.S. auto sales rose 4.7% in November compared with the same period a year ago amid a strong showing by its Mercedes-Benz luxury brand.
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We’ll be keeping a close eye on GM today -- there are November sales figures to sort through and we'll also be watching to see if there is any fall out from a story first reported here by CNBC’s David Faber concerning Kirk Kerkorian selling his entire stake in the company. For more perspective on what's happening at GM...
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Good morning--it's December 1, 2006--24 days until Christmas--and counting. We're having a busy day so far. U.S. Representative Harold Ford Jr. from Tennessee is guest host on "Squawk Box." He lost that closeU.S. Senate seat race last month to Repbublican Bob Corker.
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From cars to furnishings to fragrences, you'll find what's on the lists of luxury shoppers., according to the latest survey of the Luxury Institute.
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The long time leader in resale value for used vehicles has been toppled. The Wall Street Journal today highlighted the brands with the best retail value according to Kelley Blue Book. On "Morning Call" The Journal's Gina Chon revealed which car company now holds the top spot.