WASHINGTON, Oct 25- The Transportation Department will conduct an internal review of U.S. auto safety regulators in response to a series of safety lapses, including this week's reports of defective airbags, a senior administration official said on Saturday. The news of the review emerged days after Toyota Motor Corp recalled 247,000 vehicles in the United...» Read More
Thursday's Dow declines make sense, Cramer says. Here's why.
British luxury carmaker Jaguar surged to the top of J.D. Power and Associates' closely watched vehicle dependability study this year, tying Buick for the No. 1 spot and dethroning Lexus for the first time since the Japanese luxury brand has been a part of the survey.
Cramer’s former punching bag seems to have made an inspired turnaround.
GM car sales for March are so far at the same pace as levels seen in January and February, Troy Clarke, president of GM North America tells CNBC.
The F-35 Joint Strike Fighter from Lockheed Martin is the most expensive defense program in history. Costs could reach $1 trillion, between buying the aircraft and supporting it for decades.
The Dow Jones Transport Index, widely believed to be a predictor of where US markets are going, shows signs of bottoming out, Roelof van den Akker from ING Wholesale Banking told CNBC.
We won't find a bottom, Cramer says, until this sector and the banks rally.
General Motors' auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.
General Motors' says it gave Chief Executive Rick Wagoner compensation valued at $14.9 million last year for leading a company that lost $30.9 billion and is running on government loans.
Autonation CEO Mike Jackson said today that despite the government’s push towards fuel-efficient vehicles, the creation of green cars will not spur auto sales.
The Dow Jones Industrial Average could pull up from its recent dramatic freefall if the Dow Jones Transportation Average manages to stay above critical support levels, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
Members of the General Motors bondholders committee will be meeting with President Barack Obama’s auto task force on Thursday in Washington, CNBC has confirmed.
General Motors expects weak sales in the US for February, which will be an "exceptionally weak" fleet month for automakers, GM's chief operating officer told CNBC.
Ford Motor executives met Friday with the Obama administration's auto industry task force but the company said it was not seeking emergency financial aid.
General Motors is open to an alternative viability plan, said Ray Young, the company’s CFO ahead of meetings between executives and U.S. Treasury Secretary Timothy Geithner and White House economic adviser Larry Summers on Thursday.
An Obama administration task force considering the fate of General Motors and Chrysler is discouraging bankruptcy protection as an option for the struggling companies, two senators said Tuesday.
The brand that was once hailed as an important part of the future of General Motors now will be part of its past.
The Bill & Melinda Gates Foundation on Tuesday increased its share stake in heavyweights like Coca Cola, McDonald's and Autonation.
As global markets began another week in the red Monday, investors remain skittish and hesitant to fully get back into stocks. Experts tell CNBC where the investment opportunities are.
As morbid as it sounds, a recession's the perfect time to take a very, very long vacation. And guess what? It's really cheap too!