Ford's Mustang is turning 50 this year and going global for the first time. Ford President of the Americas Joe Hinrichs, discusses the success of Ford's iconic brand, and the 2015 Mustang.» Read More
Chrysler is on target to meet the goals set by its private equity owner Cerberus Capital Management, despite a weakening U.S. economy, the company's top executive said on Thursday.
American Axle & Manufacturing Holdings and the United Auto Workers have made progress in talks aimed at ending a seven-week strike at five U.S. plants, but talk of a tentative agreement remains premature, a company spokeswoman said Thursday.
The news has been consistently lousy for airline passengers lately. But there's some good news for those who get bumped from airline flights.
UAL, the parent of United Airlines, and rival carrier Continental Airlines both hinted that they may seek a merger partner after Tuesday's news that Delta Air Lines will buy Northwest Airlines.
Continental Airlines and United Airlines have laid most of the groundwork for a merger, two people briefed on the matter said, and could have a deal ready "pretty quickly".
Southwest Airlines said after markets closed Thursday that its 2008 spending on jet fuel could rise more than $500 million from last year because of rising oil prices.
American Airlines, a unit of AMR,Tuesday again grounded planes and canceled hundreds of flights to conduct additional safety inspections of its MD-80 aircraft, the airline said.
Consumer complaints rose at 15 of the 16 airlines studied and overall soared 60 percent.
Delta Air Lines and Northwest Airlines have revived merger talks, according to a report in The Financial Times.
Nearly a third of domestic flights failed to arrive on time in February, continuing a period of historically poor performance for an industry plagued with safety concerns and pinched by fuel costs.
Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.
Automakers reported double-digit U.S. sales declines in March as demand for trucks and sport utility vehicles plummeted and consumers held back because of concerns about gas prices, the housing slump and tightening credit.
Independent truckers around the country pulled their rigs off the road and others slowed to a crawl on major highways in a loosely organized protest of high fuel prices.
Major automakers are expected to report lower U.S. vehicle sales for March Tuesday, ending the first quarter on a weak note and adding to evidence that the housing slump and tighter credit have crimped demand.
American Airlines and Delta Air Lines canceled hundreds of flights Thursday as they pulled aircraft from service to comply with a government directive for maintenance checks.
With summer driving season around the corner, and the cost of gasoline at record highs, pain at the pump has become an everyday reality. And that has some automakers shifting their focus to alternative fuels, like hydrogen cells.
In Monday’s Web Extra, find out how the traders are playing Apple, Potash, Monsanto and the railroads.
Auto stocks skidded Thursday after Morgan Stanley cut its sales and earnings outlook for major U.S. auto makers.
German sports car maker Porsche will not seek to raise its Volkswagen stake to 75 percent, it said on Monday, noting talk of such a move "overlooks the realities in VW's shareholder structure".