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  • Bad Bridges Not Getting Stimulus Money: Report Friday, 31 Jul 2009 | 11:43 AM ET

    Tens of thousands of unsafe or decaying bridges carrying 100 million drivers a day must wait for repairs because states are spending stimulus money on spans that are already in good shape or on easier projects like repaving roads, an Associated Press analysis shows.

  • The Cash for Clunkers program has been vital towards resuscitating the US auto industry and should continue, AutoNation CEO Mike Jackson told CNBC.

  • GM Ends 50-Year Run as Sponsor of Buick Open Tuesday, 28 Jul 2009 | 11:20 AM ET
    Tiger Woods & GM

    General Motors will end its half-century run as sponsor of the Buick Open golf tournament as it tries to focus scarce marketing dollars on its cars and trucks, a person briefed on the decision said Tuesday.

  • In Study, Texting Lifts Crash Risk by Large Margin Tuesday, 28 Jul 2009 | 11:00 AM ET
    Texting and driving

    The first study of drivers texting inside their vehicles shows that the risk sharply exceeds previous estimates based on laboratory research - and far surpasses the dangers of other driving distractions.

  • Lydia Alcock doesn’t seem like the kind of kid who would run up a $23 quadrillion bill on her Visa Buxx card.

  • GM Global Sales Fall 15% Amid Weak Economy Wednesday, 22 Jul 2009 | 1:08 PM ET

    General Motors says its second-quarter worldwide sales fell 15 percent compared with the same period last year due to economic troubles and North American production cuts.

  • Chrysler to Double 'Cash For Clunkers' Incentive Wednesday, 22 Jul 2009 | 9:10 AM ET
    Chrysler Logo

    Chrysler says it will double the $4,500 government incentive for people to trade in their old gas guzzlers for new vehicles under the "cash for clunkers" program.

  • Obama Auto Task Force Warns Against Dealer Plan Tuesday, 21 Jul 2009 | 12:59 PM ET
    GM auto dealership with sign.

    The Obama administration warned Congress on Tuesday that a House-approved plan to restore shuttered General Motors and Chrysler dealerships would threaten the auto companies' bankruptcies and recovery.

  • Auto Sales Could Rebound Next Year: Toyota Exec Monday, 20 Jul 2009 | 5:10 PM ET

    Auto sales could bounce back to the $12- to 13-million annual sales rate within a year, Toyota Motor's North American President Yoshi Inaba said Monday.

  • Cramer: Credit is Stabilizing Wednesday, 15 Jul 2009 | 3:07 PM ET

    Cramer gives two big calls in the credit card industry, now that he's seen big signs of credit stabilization.

  • GM Investing $1 Billion in Brazil for New Cars Wednesday, 15 Jul 2009 | 12:07 PM ET

    General Motors says it is investing $1 billion to develop two new car models in Brazil.  The president of GM's operations in Brazil and the Mercosur countries says it is GM's biggest investment since the onset of the global financial crisis.

  • GM CEO Henderson Says New GM Must Succeed Friday, 10 Jul 2009 | 4:44 PM ET
    Fritz Henderson

    GM CEO Fritz Henderson told CNBC Friday that the new GM must succeed and he said that he believes that the company will do just that.

  • GM CFO Young: No Positive Cash Flow Until 2010 Friday, 10 Jul 2009 | 1:00 PM ET

    On the day GM emerged from bankruptcy, company CFO Ray Young told CNBC Friday that the new GM won't be seeing real cash flow until sometime in 2010.

  • New GM Emerges in One of Worst Sales Slumps Ever Friday, 10 Jul 2009 | 8:49 AM ET
    GM auto dealership with sign.

    Once the world's largest and most powerful automaker, new GM is now cleansed of massive debt but faces a daunting task as car sales are in the worst slump in 25 years.

  • GM Road To Leave Bankruptcy Cleared by Judge Thursday, 9 Jul 2009 | 3:00 PM ET
    First page of the US bankruptcy filing for General Motors Corporation

    The path is now clear for General Motors to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market.

  • Hyundai Must Go Luxe to Reach Wide Audience: Exec Wednesday, 8 Jul 2009 | 10:48 AM ET

    As Hyundai looks to gain share in the auto market, it will need to offer a full range of vehicles, said John Krafcik, acting president and CEO of Hyundai Motors America.

  • Judge Denies Motion to Fast-Track GM Sale Appeal Wednesday, 8 Jul 2009 | 10:27 AM ET
    First page of the US bankruptcy filing for General Motors Corporation

    The sale of most of General Motors' assets is moving closer to completion, after a bankruptcy judge denied motions by groups with asbestos and injury-related claims seeking to halt the sale and appeal directly to the 2nd Circuit Court of Appeals.

  • GM's Sale Plan Approved; Appeal Likely Over Ruling Monday, 6 Jul 2009 | 11:26 AM ET
    First page of the US bankruptcy filing for General Motors Corporation

    A bankruptcy judge has ruled that General Motors can sell the bulk of its assets to a new company, but it appears the ruling will be appealed by a Chicago law firm.

  • Fewer Dealerships: A Wrench in New Mechanic Plans? Saturday, 4 Jul 2009 | 6:40 PM ET
    Customer at an auto dealership.

    General Motors and Chrysler are closing 3,200 dealerships nationwide, and aren't doing any favors for recent automotive tech graduates looking for mechanic jobs. But fewer people buying new cars and trucks also means people are counting on their older vehicles to run reliably.

  • Car Dealer Determined To Fight Chrysler Over Franchise Saturday, 4 Jul 2009 | 6:29 PM ET
    2007 Chrysler 300

    A former Chrysler dealership owner is determined to challenge the automaker's decision to terminate his franchise.