DETROIT, Oct 31- Fiat Chrysler Automobiles' Ferrari sports car brand has been fined $3.5 million for not filing "early warning reports" indicating safety issues with U.S. safety regulators, the National Highway Traffic Safety Administration said on Friday. Ferrari admitted that it violated the law when it failed to submit required reports to NHTSA, a part of the...» Read More
The United Auto Workers won guarantees in its tentative contract agreement with General Motors that many new products would be built at U.S. plants to save jobs, union President Ron Gettelfinger said Friday.
The latest news out of Germany about BMW considering adding a fourth brand to compliment its BMW, MINI, and Rolls-Royce line-up raises an interesting question. How do you add to one of the most successful auto companies in the world and get it right? It's not as simple as it sounds.
The founder of BET, Robert L. Johnson, just announced he's going into a new business--one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and midwest regions of the country, partnering with the McLarty-Landers Automotive Group.
General Motors would be able to buy out as many as 24,000 UAW workers and replace them with lower-paid hires under a tentative contract agreement, the Wall Street Journal reported on its Web site on Friday.
Third-quarter corporate earnings are expected to show the weakest growth in five years, but a rebound is likely in the fourth quarter.
After sucking fumes behind Toyota and its popular Prius, GM is stepping up to the plate with the next generation of hybrids. They are called 2-mode hybrids because they get electric motor assist in the city AND on the highway. GM unveil the first of these 2-mode hybrids today at the Texas State Fair in Dallas...
BMW, the world's largest premium carmaker, aims to sell significantly more than 2 million vehicles a year by the end of the next decade and earn up to a 10% return on sales before interest and tax at its core automotive division by 2012.
The stock popped after a settlement with the United Auto Workers was announced. Cramer expects shares to climb even more by the end of October.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.
Navistar may look like a risky stock, but Cramer said it could be a real moneymaker.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.
Just a few hours after I reported the new contract between GM and the UAW, I started hearing this question: "Can GM really boost its bottom line now that its costs have been lowered?" My gut says it can do it, IF the company builds on the improvement of its products in the last couple of years.
General Motors' quick settlement with its major union allows the softening U.S. economy to sidestep another blow and sets the stage for similar deals that could boost domestic automakers, analysts and investors said Wednesday.
I can't say I'm a fan of the 3:15 am wake up call, but this one I didn't mind. By 4 am I was interviewing UAW President Ron Gettelfinger about the new contract his union signed with General Motors. The strike is over and both sides get what they need out of this deal.
A top executive at Toyota Motor said on Wednesday that achieving a rise in U.S. sales in September might be tough because of a spike in sales in the same month a year earlier.
The United Auto Workers union's strike against General Motors went into its second day Tuesday, with UAW and GM representatives meeting again at the negotiating table.
This growth stock is a great play on ever-changing emission standards.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.
A protracted work stoppage could prove disastrous, with a housing downturn and credit market unrest already threatening to stall an expansion now in its sixth year.
DaimlerChrysler said Tuesday that a program launched in 2005 to restore the luster of the company's Mercedes Car Group has worked so well that it's being ended ahead of schedule.
At this time yesterday morning, I boldly and unequivocally blogged about my belief that GM and the UAW would avoid a strike and agree on a new contract. If you read that and then, just a few hours later, saw me interview striking workers in Warren, Michigan, you probably said to yourself, "boy did he get that wrong!"
United Auto Workers stage a national strike after the two sides fail to sign a new contract by a union-imposed deadline. Sides still talking.
A strike at U.S. automaker General Motors will hurt suppliers if it drags on, further battering an industry already suffering from shrinking sales and possible bankruptcies, analysts said.