WASHINGTON, April 17- General Motors says that cars being recalled because of faulty ignition switches can be driven safely before repairs, based on more than 80 tests, but the automaker has not addressed a problem long known to potentially shut off the engine: a simple bump from a driver's knee.» Read More
This morning GM released its global sales for last year, and guess what, the company is still #1 in the world. But it is now in a virtual tie with Toyota for the top spot. Officially, GM sold 9.369 million vehicles worldwide.
Chrysler Chief Executive Bob Nardelli said the Federal Reserve's emergency 75 basis point rate cut would help consumer confidence and boost auto sales in 2008.
Give the guys at the blue oval credit. Their new model and new technology push is getting the attention of younger buyers. I'm not ready to say Ford's line-up is packed with models the youngsters want, but there's definitely momentum building.
Particularly, the FBR Focus Fund, with an average annual 20% return. Cramer talks to the fund's manager about his strategy for staying on top in a bear market.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.
"Go ahead, lift it's skirt, so to speak." "Okay, here we go." That's me talking to Bob Boniface, the Director of the Volt Eflex Design Studio at General Motors. He's doing the lifting. "That's it, that's all I can show you. But the future of General Motors rest right there."
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
This afternoon, GM investors got the kind of good news they've been craving for several months. Talking with analysts in Dearborn, Michigan, GM's Chairman and CEO Rick Wagoner said the company plans to save an additional $5 billion by 2011.
General Motors said it expects to significantly improve operating results, including earnings and cash flow, over the next two-to-three years.
If you're one one those people who loves gadgets, staying connected, and the idea that your car, truck, SUV give you everything, you are in heaven. If you are the type who longs for just you, the car, and need nothing more than the basics, well, hang on to the steering wheel.
German Truckmaker MAN said Wednesday sales rose by about 15 percent last year.
When you walk around the Detroit Auto Show, it's hard to say one model stands out above any other. Sure, the luxury and super luxury rides from Rolls, Lamborghini and Mercedes catch your eye. But there is rarely a brand new car that has people talking. This year it's a little different.
After 2 days of watching a slew of new models be introduced at the Detroit Auto Show, some impressions. 1. The Nissan GT-R is even more spectacular in person than I thought it would be. it a Corvette "killer" that will replace the American sports car as the speedster that delivers the best bang for the buck?
The Japanese auto giant announces a big green initiative at the Detroit Auto Show, saying it plans to test hundreds of plug-in hybrid vehicles with fleet and commercial customers worldwide by the end of 2010.
Ford Motor plans to to return its North American operations to profitability in 2009 are progressing well and are not affected by signs of slowing U.S. economic growth, top officials said Sunday.
Chrysler's idea to use 150 steers as part of its promotional efforts for the new Dodge Ram went as planned until company executives started to address the crowd. And that's when nature called.
There are orange cars here at the North American International Auto Show in Detroit (man, that’s a long name for an event). Apparently orange is a hot color. There are a lot of other bold colors as well. Phil Lebeau has been telling you all about the cars, but I thought I’d tell you about the vibe. Not the Pontiac Vibe, but the “vibe” vibe.
They are the rock stars of the North American International Auto Show at Cobo Hall in Detroit. They come with loud music, fog machines, dancing girls and acrobats. One even came with it's own skating rink. "They" are the concept cars. They are the future of the automobile business. Or not.
When the two largest automakers in the world announce major commitments to go green within minutes of each other, it is more than just a statement about the environment. Is about winning the battle for eco-friendly cars and trucks.
Luxury automaker Audi said Monday that it is closer to its goal of selling 1 million cars a year after it set a global sales record in 2007.