Scott Wine, Polaris chairman and CEO, weighs in on its revival of the legendary Indian Motorcycle. We are giving back to the heritage of original bikes, he says.» Read More
General Motors reported a 7.0 percent gain in U.S. auto sales in February, beating several analyst estimates, while U.S. rival Ford Motor posted a slightly weaker-than-expected 9.0 percent gain.
Nearly four years after taking over Chrysler, Sergio Marchionne is ready to take the Detroit automaker to the next level.
Chrysler, scrambling to keep up with greater demand for its Jeep Grand Cherokee, is hiring 1,250 workers and increasing production of 8 and 9 speed transmissions.
For the first time since 2007 the top ten vehicles picked by Consumer Reports does not include a model built by General Motors, Ford or Chrysler.
Late Monday CNBC reported the company will ask the federal government for approval to pay CEO Dan Akerson $11.1 million in 2013. After initially saying it had no comment on pay requests for its top executives, GM now says it is requesting Akerson receive total compensation of $9 million.
With the economy edging upwards, more car buyers are keeping up with their auto payments or coming up with the cash if the repo man appears. And that's more bad news for mom-and-pops that rely on repo work.
Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European carmakers said on Tuesday.
GM reported fourth quarter earnings on Thursday that fell short of analysts' expectations, as losses in Europe widened and prices in its key North American market softened.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon.
If January is any indication, 2013 could be another big year for auto sales in the U.S.
American consumers ignored tax increases and tromped through the winter chill to buy new cars and trucks at an unusually strong pace last month.
Toyota Motors regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.
Mitsubishi Motors said it is recalling about 14,700 electric vehicles globally due to a brake problem unique to the electric-powered cars in one of the biggest callbacks involving the new generation of eco-friendly cars.
Upscale leather-goods maker and retailer Coach reported holiday quarter revenue below Wall Street forecasts amid a tough economy and stiff competition.
Dish Network Corp. says it plans to close about 300 Blockbuster stores across the country, affecting about 3,000 employees.
The latest earnings from luxury goods group Richemont could signal a wider trend of changing consumer trends in Asia, though economic growth should help buoy the luxury goods market, experts told CNBC.
It's a bad week for Boeing, but Barry James, James Advantage Funds, says it's not time to count out jumbo jets just yet.
U.S. shoppers spent only 3 percent more during the 2012 holiday season than they did a year earlier, the National Retail Federation said, citing economic uncertainty for tempering consumers' enthusiasm.
Ford's turnaround plan is "clearly working," Ford CEO Alan Mulally said in a First on CNBC interview on Monday from the Detroit Auto Show.