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Automobiles and Components

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  • GM May Ditch Brands, Slash White-Collar Jobs Monday, 7 Jul 2008 | 1:50 PM ET
    2008 Saturn Aura

    General Motors may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.

  • 2008 Buick Enclave

    As GM slogs through a summer of sickening sales, there's growing speculation GM CEO Rick Wagoner will do an about face and finally cut some of the automaker's brands in an effort to stop the bleeding.

  • GM Mulls Thousands of Job Cuts, Sale of Brands: WSJ Monday, 7 Jul 2008 | 1:41 AM ET
    GM logo, General Motors logo

    No. 1 U.S. automaker General Motors is planning to cut thousands of white-collar jobs and is considering whether it should sell or stop production of more of its brands, The Wall Street Journal said, citing people familiar with the matter.

  • Worse Car Sales Decline Expected in Western Europe Friday, 4 Jul 2008 | 11:21 AM ET

    J.D. Power Automotive Forecasting on Friday reduced its forecast for west European car sales in 2008 and 2009 and now expects falls of 4 percent and 1.3 percent respectively.

  • GM Going Bankrupt? I Don't Buy It And Here's Why Thursday, 3 Jul 2008 | 9:36 AM ET
    GM logo, General Motors logo

    Just when you think, "How much worse can it get for General Motors, along comes a day like yesterday. When Merrill Lynch downgraded the stock and said "bankruptcy is not an impossibility" for the automaker what was already a horrific slide became even worse.

  • Hybrids: Worth the Price? Wednesday, 2 Jul 2008 | 5:29 PM ET

    Why it makes more sense to stick with a cheaper, but still fuel-efficient, set of wheels.

  • GM Shares Fall; Merrill Note Stokes Bankruptcy Fears Wednesday, 2 Jul 2008 | 10:22 AM ET
    General Motors

    General Motors will need to raise as much as $15 billion in cash to shore up liquidity and bankruptcy is "not impossible" if the U.S. auto market continues to slump, Merrill Lynch said.

  • Chrysler's Decline: Will It Fall Behind Nissan? Wednesday, 2 Jul 2008 | 9:15 AM ET

    Talk about a tough week. On Monday Chrysler announced it would be shutting an assembly plant outside St. Louis and stripping out the shift of another one in Missouri. Then yesterday, the company reported June sales that put the company's market share for the month at 9.9%.

  • To Buy or to Lease? Tuesday, 1 Jul 2008 | 6:26 PM ET

    Here are some easy rules to help you figure out which is the better option for your lifestyle.

  • GM Sales Fall Less Than Expected, Topping Toyota Tuesday, 1 Jul 2008 | 3:35 PM ET
    A Chevrolet dealership in Loveland, Colorado.

    General Motors surprised investors with a sales decline that was much less steep than expected, and the company's shares skyrocketed higher.

  • General Motors

    Talk about throwing a curve to the experts. June auto sales shows that some people have been too quick to jump the gun and assume certain automakers would sell, or not sell.

  • Stand Behind GM? Here's What You Have To Say Tuesday, 1 Jul 2008 | 9:24 AM ET

    Yesterday, I wanted to take a pulse of the American car/truck owner. I asked a simple question: Are you giving up on GM? Why or why not? Granted, this is a highly non-scientific poll, but the answers were intriguing.

  • Shares of General Motors tumbled to a 54-year low while smaller rival Ford Motor hares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles.

  • GM, Ford Shares Decline Ahead of June Sales Report Monday, 30 Jun 2008 | 1:59 PM ET
    Woman looks at new Toyota Camry on dealer lot

    Shares of General Motors tumbled to a 54-year low while smaller rival Ford Motor hares fell as much as 10 percent on Monday on concerns record oil prices would further hit U.S. demand for vehicles.

  • Are You Giving Up On GM? I Want To Know Why Monday, 30 Jun 2008 | 1:34 PM ET
    GM auto dealership with sign.

    With Shares of GM stock trading at 54 year lows, there's renewed talk about GM being in a slide it can't stop. I won't go that far. But this week could go down as one of the toughest in the company's 100 years.

  • GM Or Toyota As Number One: Does It Really Matter? Monday, 30 Jun 2008 | 9:01 AM ET

    As I watched my White Sox finish a sweet sweep of the Cubs last night, I talked to my friend Mike from Detroit. He's a great guy, despite his love of the Tigers. But he said one thing that could summarize how many in motown may feel by tomorrow night. "It's not like we didn't see this coming," said Detroit Mike about Toyota closing in on #1.

  • Gas Prices Hit NASCAR Fans Monday, 30 Jun 2008 | 3:28 AM ET

    Many NASCAR fans think nothing of jumping in their recreational vehicles or pickup trucks and driving 300 miles or more to watch races in places like Talladega, Alabama; Bristol, Tennessee; and Las Vegas.

  • Your Rants On GM, Energy Prices, And Me Friday, 27 Jun 2008 | 9:22 AM ET

    After a couple of weeks of being on the road in New York for the "Today Show," Detroit for auto stories, and other places around the country, I've finally had a chance to take in the e-mails you've been sending me about the increasingly dicey auto business. While I have, and will continue to directly answer your e-mails, there are a few I'd like to share.

  • Toyota May Consider Future Car Price Hikes Thursday, 26 Jun 2008 | 11:19 PM ET
    A Tacoma pickup truck on the lot of a Toyota dealership.

    Toyota Motor said on Friday it may need to consider raising the prices of its passenger vehicles in the future due to surging raw materials costs, though fierce global competition would make such a move difficult.

  • General Motors

    GM's shares  have plummeted to less than $12, the lowest level since 1955. That means the  world's largest auto maker has a stock market value of only about $7 billion.