US stocks stabilize after plunge; McCormick gains ECB's Draghi gives no hint of more stimulus Applications for US jobless benefits drop to 287 K Sears to raise cash through Canadian ops sale Buffett's Berkshire Hathaway buys auto dealer 3 Q review: Mutual funds take a summer break Constellation Brands 2 Q results miss Street's view Key sales metric up at Olive...» Read More
CNBC's Phil LeBeau reports Tesla CEO Elon Musk has announced the automaker will open up its patents to spur innovation in the auto industry.
The CNBC All-America Survey found the ignition switch recall hasn't scared consumers away from GM showrooms.
LOS ANGELES, June 10- A Southern California motorist drove off the lot of a Hyundai Motor Co dealership on Tuesday in a zero-emissions car touted by the automaker as marking the commercial debut of mass-produced hydrogen fuel-cell vehicles in the United States.
DETROIT, June 10- The first 86 dealerships to relaunch the sporty Alfa Romeo brand in North America, most of them now selling Fiat cars, were announced on Tuesday by Fiat Chrysler Automobiles. It is the first time new Alfa models will be sold in North America since 1996..
DETROIT, June 10- The first 86 dealerships to relaunch the sporty Alfa Romeo brand in North America, most of them now selling Fiat cars, were announced on Tuesday by Fiat Chrysler Automobiles. It is the first time new Alfa models will be sold in North America since 1996.. Grady said that eventually there will be more than 300 Alfa Romeo franchises in North America.
Families of victims who died in GM vehicles with faulty ignition switches will congregate before the automaker's annual meeting.
Car sales have fallen in four out of five months this year as Russia's weak economy is further hit by Western sanctions over Ukraine and people delay making large purchases. The Association of European Businesses said 201,487 new cars and light commercial vehicles were sold in Russia in May, some 28,000 less than a year earlier.
The great recession may have ended a few years ago, but the lingering impact can be seen in the cars and trucks that many Americans drive.
Tesla has been banned from selling cars in New Jersey since April, but a new bill provides hope for the automaker, reports CNBC's Dominic Chu.
If there is one purchase that consumers would like to simplify, it’s buying a car. TrueCar, a recent IPO, may have cracked the code.
Barra won kudos for her efforts to be transparent while pushing for much-needed changes within GM's flawed culture.
Chrysler said it was recalling about 10,700 SUVs to fix a defect that leads to unintended acceleration in cruise-control mode.
John O'Dell, Edmunds senior editor, shares his thoughts on General Motors CEO Mary Barra's statements regarding GM's ignition switch recall. O'Dell says this is the kind of significant fault needed to make the kind of changes GM says it wants to make.
GM CEO Mary Barra will take "significant actions" that include holding specific employees accountable for the ignition switch defect.
General Motors has apologized to the families of accident victims who have been asked to bring in cars to replace defective ignition switches.
A 12.1 percent surge in truck demand helped lift May vehicle sales by 5.7 percent to 195,571 vehicles, said Dennis DesRosiers of DesRosiers Automotive Consultants, offsetting a 1.7 percent drop in car sales.
CNBC's Phil LeBeau and Steve Liesman discuss what the huge surge in May auto sales say about housing and the strength of the U.S. economy.
CNBC's Phil LeBeau reports May's monthly auto sales rate is the highest since February 2007.
CNBC's Phil LeBeau breaks down better-than-expected auto sales in May.
General Motors Co and Chrysler Group said May sales were the best for that month in seven years. Nissan Motor Co set a sales record for May and Hyundai Motor Co had its best month ever. Ford Motor Co and Toyota Motor Corp also topped forecasts.