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    Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.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

    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
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    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.

  • GM Dealership

    General Motors says it aims to register 3.5 billion shares of stock for a potential public offering sometime in 2010.

  • congress.jpg

    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.

  • GM Plans Plug-In Hybrid System in Midsize SUV Thursday, 6 Aug 2009 | 10:26 AM ET
    General Motors logo

    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.

  • Task Force Head Says Gov't Won't Run Automakers Wednesday, 5 Aug 2009 | 12:41 PM ET

    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.

  • Toyota Exec: Prius Supply Low Due To Clunker Program Wednesday, 5 Aug 2009 | 11:28 AM ET
    toyota_logo.jpg

    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.

  • Is It Worth Guzzling That 'Clunker' Cash? Tuesday, 4 Aug 2009 | 4:11 PM ET
    Customer at an auto dealership.

    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?

  • 'Cash-for-Clunkers': What You Need to Know Now Monday, 3 Aug 2009 | 5:06 PM ET
    auto_sales_new3.jpg

    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?