Eastern Star, the cruise ship that capsized in the Yangtze river with more than 450 people aboard, was cited for safety violations two years ago, records from a Chinese maritime agency show. Authorities in Nanjing, where the Eastern Star began its unfortunate voyage, held the ship and five other Yangtze cruise vessels after it found them violating standards...» Read More
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.
Shipments of RVs, an economic indicator, for 2011 are expected to be up 8.2 percent from those this year. Currently, about 8.3 million households now own an RV.
Top corporate travel agencies and travel consultants say they now expect negotiated airfares and hotel rates in the United States to climb next year, with double-digit increases in hotel rates in cities like New York. The New York Times reports.
For investors, 2010 may as well have been called The Year of the Car. It turns out that some of the biggest, greasiest, loudest money was made in the automakers this year, who knew?
Behind an unmarked door, in a cluttered break room of half-eaten lunches and morale-boosting posters, a dozen Transportation Security Administration officers listened to their airport supervisor deliver another much-needed pep talk that contained the reminder: “I get paid to be paranoid, and so do you.” The New York Times reports.
We are daily discovering the unintended consequences and unforeseen challenges of the new TSA security measures. How does one discreetly notify a TSA agent that one has an external urine bag without broadcasting that little tidbit loud enough for others to hear? A man named Tom Sawyer (no lie) and one TSA agent apparently learned the hard way that it's difficult to keep anything private in the age of underwear bombs.
I had my first backscatter scanner experience Friday at the airport in San Jose. My only real complaint is that it took too long. At first I was excited when I saw a couple of people ahead of me go in wearing jackets.
GM history in the second half of the 20th century is a story of executive arrogance, missed opportunities, poor decision-making and reckless finance.
So a priest, a journalist, and a TSA officer walk into a security line. I know there's a groping joke in here somewhere. But seriously, folks, while I was going through airport security at Burbank Thursday afternoon—no backscatter scanners or enhanced pat downs yet—I went through the line next to a priest.
Automotive industry expert Paul Ingrassia told CNBC Thursday, one day after the successful GM IPO (initial public offering), that it’s time to go long on auto stocks and invest in the industry.
I was warned that Marchionne doesn't "do" interviews in the traditional sense. You have to ambush him, but he always knows you're coming. So me and my crew stood guard on the red carpet outside the brand new Motor Village of Los Angeles to await his arrival. We waited. And waited.
Unless stock markets move sharply this afternoon, GM shares are likely to be priced at $33 apiece later Wednesday—the top of their announced range—as part of the company’s IPO, according to people with knowledge of the matter.
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.
New scanners allow TSA officers to basically see you naked, and there are concerns about radiation. Critics allege this is the worst kind of funny business.
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.
To get an idea of which GM models are the most iconic, Karl Brauer, Senior Analyst & Editor-at-Large at Edmunds.com listed his top picks.