"These vulnerabilities have potential to compromise the safety and efficiency of the national airspace system, which the traveling public relies on each and every day," Senator Bill Nelson, a Florida Democrat, and Senator John Thune, a South Dakota Republican, wrote to Transportation Secretary Anthony Foxx. The FAA has weak controls "intended to prevent, limit,...» Read More
Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.
America’s iconic Greyhound coaches will hit the road in the UK this September as owner FirstGroup looks to tap the brand’s North American success for the British market.
AutoNation CEO Michael J. Jackson told CNBC Wednesday the government owes his company about $45 million in rebates from the cash-for-clunkers program, but said he still has faith in the program.
Higher sales from the government's Cash for Clunkers program have prompted General Motors to boost production at several of its factories, according to company and union officials.
Dan Deighan, founder of Deighan Financial Advisors, and Rob Stein, managing partner at Astor Asset Management, explained their positions on the economy and shared their market outlooks.
The Transportation Department says consumers who want to purchase a new car not yet on a dealer lot can still be eligible for the car rebate program.
Demand is up significantly in the auto industry, and General Motors expects to see "robust" sales in August and September, CEO Fritz Henderson told CNBC Thursday.
Volkswagen and Porsche have broadly agreed on details for a deal to combine two of Europe's most storied automakers, two VW supervisory board members told Reuters on Wednesday.
A study finds the fuel economy of new cars and light trucks sold in July noticeably jumped, thanks to the "cash for clunkers" program.
General Motors said Tuesday its Chevrolet Volt rechargeable electric car should get 230 miles per gallon of gasoline in city driving, more than four times the mileage of the current champion, the Toyota Prius.
Demand for the 'Cash for Clunkers' program has slowed down since the government extended funding for the program, butthe industry is still improving, General Motor's Fritz Henderson told CNBC Monday.
GMAC Financial Services says it will offer a leasing option on select vehicles to drivers in 45 states.
After last week's better-than-expected U.S. July jobs figures, the 'V-shaped' recovery is in place, Michael Browne, portfolio manager from Sofaer Global Research said Monday.
General Motors says it aims to register 3.5 billion shares of stock for a potential public offering sometime in 2010.
That’s just what Congress appears to be saying to the American people with its over the top $500 million for the purchase of eight new airplanes that will shuttle them – senators and representatives - back and forth around the world.
General Motors's product development chief says the company will introduce a plug-in rechargeable midsize sport utility vehicle sometime in late 2010 or in 2011.
The head of the task force overseeing the auto industry says the U.S. government will not use its stake in General Motors to make social policy.
Automaker chief says Toyota is fast-tracking plans for an affordable sports car it will launch in the next few years and says US auto market will bounce back strong.
The Senate is readying an extension of the so-called Cash for Clunkers program, potentially providing more consumers with another chance to cash in on the popular government program. But does it make sense for you to make use of this program?
So if you didn't make it to the dealer last week, have you missed your chance for the cash—and are you stuck with your clunker?