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  • Toyota Revs Up Production in U.S. Tuesday, 1 Sep 2009 | 8:29 PM ET
    A Tacoma pickup truck on the lot of a Toyota dealership.

    Toyota Motor plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.

  • Ford Sees Industry's Sales Hopping in August Friday, 28 Aug 2009 | 4:03 PM ET
    Ford F Series

    A top Ford executive expects industry-wide U.S. auto sales to rise for the first time in more than two years this month, thanks largely to the government's Cash for Clunkers program.

  • Somali Pirates Open Fire on US Navy Helicopter Thursday, 27 Aug 2009 | 2:49 PM ET
    USS Chancellorsville

    Somali pirates holding a hijacked ship off the coast of Somalia fired at a U.S. Navy helicopter as it made a surveillance flight over the vessel, the first such attack by pirates on an American military aircraft, the Navy said Thursday.

  • 'Cash for Clunkers' Final Sales Tally: 700,000 New Cars Wednesday, 26 Aug 2009 | 4:59 PM ET
    Auto scrap yard

    The popular Cash for Clunkers program generated nearly 700,000 new car sales during the past month, giving the U.S. auto industry a badly needed jolt of activity during the deepest decline in auto sales in two decades.

  • Final Weekend of 'Clunkers' Draws Big Crowds Sunday, 23 Aug 2009 | 5:52 PM ET

    From Vermont to California, exhausted but appreciative car dealers watched their lots grow empty as crowds rushed to trade in gas guzzlers during the final weekend of the popular Cash for Clunkers program.

  • AutoNation Stops Offering 'Cash for Clunkers' Early Saturday, 22 Aug 2009 | 4:29 PM ET

    AutoNation, the nation's largest auto dealership chain, said Saturday it hit the brakes on the popular Cash for Clunkers program three days early because it wants to make sure it can submit the paperwork on thousands of sales to the government before a Monday evening deadline.

  • Woman looks at new Toyota Camry on dealer lot

    As more American car buyers take advantage of the rebate program, the federal government is struggling to reimburse dealers that shoulder the rebates up front

  • 200+ NY Dealers Pull Out of Clunkers Program Wednesday, 19 Aug 2009 | 3:02 PM ET
    2010 Prius

    Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.

  • Greyhound Buses to Take Turn as British 'Coaches' Wednesday, 19 Aug 2009 | 12:17 PM ET

    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: Owed $45 Million From 'Clunkers' Wednesday, 19 Aug 2009 | 10:37 AM ET

    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.

  • GM to Boost Output Due to Clunkers Incentives Tuesday, 18 Aug 2009 | 11:49 AM ET

    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.

  • Markets Will 'Abruptly' Drop 25-50%: Strategist Friday, 14 Aug 2009 | 3:54 PM ET

    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.

  • Clunker Program Now For Cars Not Yet On Lot Thursday, 13 Aug 2009 | 4:28 PM ET

    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.

  • GM CEO Sees 'Robust' Auto Sales in July, August Thursday, 13 Aug 2009 | 11:06 AM ET
    Fritz Henderson

    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.

  • VW, Porsche Broadly Agree on Outline of Sale Wednesday, 12 Aug 2009 | 11:58 AM ET

    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.

  • 'Clunkers' Drives Huge Jump in New Car Fuel Efficiency Tuesday, 11 Aug 2009 | 10:05 AM ET

    A study finds the fuel economy of new cars and light trucks sold in July noticeably jumped, thanks to the "cash for clunkers" program.

  • Chevy Volt

    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.

  • Pace of Sales Under 'Clunker' Program Has Slowed: GM Monday, 10 Aug 2009 | 4:18 PM ET

    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 to Offer Leases on Some Vehicles Monday, 10 Aug 2009 | 9:03 AM ET

    GMAC Financial Services says it will offer a leasing option on select vehicles to drivers in 45 states.

  • 'V-Shaped' Recovery in Place: Portfolio Manager Monday, 10 Aug 2009 | 7:56 AM ET

    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.