A top aide to billionaire investor Kirk Kerkorian says Ford Motor should sell its Volvo and Mercury brands.
Major automakers reported lower April sales across the board as record-setting gas prices stemmed vehicle purchases, with truck sales seeing especially steep falls.
The parent of United Airlines, which held unsuccessful merger talks with Continental Airlines, said on Sunday it would pursue all options to ensure a sustainable future.
This U.S. sector leader might be on the verge of its own iPod moment.
The Dow Jones Transportation Average and the Dow Jones Industrial Average both made fresh highs Friday, a classic bullish sign for investors who follow the charts. What does it mean going forward?
Chrysler is on target to meet the goals set by its private equity owner Cerberus Capital Management, despite a weakening U.S. economy, the company's top executive said on Thursday.
American Axle & Manufacturing Holdings and the United Auto Workers have made progress in talks aimed at ending a seven-week strike at five U.S. plants, but talk of a tentative agreement remains premature, a company spokeswoman said Thursday.
The news has been consistently lousy for airline passengers lately. But there's some good news for those who get bumped from airline flights.
Consumer complaints rose at 15 of the 16 airlines studied and overall soared 60 percent.
Delta Air Lines and Northwest Airlines have revived merger talks, according to a report in The Financial Times.