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  • The chief executives of the Big Three auto makers told President Bush they will work with the administration to cut oil consumption by 20% over the next ten years, CNBC's Scott Cohn reported.

  • green_ceo_200.jpg

    Chief Execs of the Big Three automakers headed to the White House today to discuss the latest advances in alternative fuel technology with President Bush. Their focus: Bush’s support for alternative fuel vehicles and his plan to cut gas consumption by 20% in ten years.

  • DaimlerChrysler shares  gained sharply on Friday on speculation that the German automaker could be nearing a deal to sell struggling U.S. unit Chrysler.

  • THE WEEK AHEAD: Bernanke Speaks, Data and Iran Sunday, 25 Mar 2007 | 7:12 PM ET

    After a stellar week for Wall Street, investors this week face a barrage of economic data, testimony from Fed Chairman Ben Bernanke and a worrisome war of words with Iran.

  • Toyota Not Among Carmakers Invited To White House Sunday, 25 Mar 2007 | 3:18 PM ET

    Toyota Motor is creating U.S. jobs, making friends in Washington and leading in fuel-saving technology, yet will not be at the table when President George W. Bush meets major automakers to talk energy policy on Monday

  • Stocks closed slightly higher Friday, finishing a week with gains of more than 3% in major market indices. "I like to see this pretty tight trading range; the fact that we've been able to hold on to these gains is healthy," Craig Columbus, chief market strategist at Advanced Equities Asset Management, told CNBC.com.

  • CNBC's Domm: Today's Agenda in the Markets Friday, 23 Mar 2007 | 8:58 AM ET

    Stocks are edging higher ahead of the opening. Existing home sales data at 10 am New York time could influence direction but for now investors face a flurry of Friday morning corporate news headlines.

  • GM Gives Out Stock Bonuses for First time Since 2003 Friday, 23 Mar 2007 | 5:27 AM ET

    For the first time since 2003, General Motors  is giving bonuses in the form of stock to Chairman and Chief Executive Rick Wagoner and other top executives.

  • Chrysler CEO Says Sale Could Come Soon: WSJ Thursday, 22 Mar 2007 | 11:45 AM ET

    Chrysler CEO Tom LaSorda told a small group of auto dealers that the sale of the money-losing automaker could be resolved soon, The Wall Street Journal reported Thursday.

  • President George W. Bush will meet next week with the chief executives from Detroit's largest automakers, the White House said on Wednesday.

  • Chrysler's Appeal to Old Auto Guys Monday, 19 Mar 2007 | 10:49 AM ET
    Former Chrysler COO Wolfgang Bernhard

    The report over the weekend that former Chrysler COO Wolfgang Bernhard has joined Cerberus Capital as an advisor as that firm pursues buying Chrysler shows the value of the beleaguered American automaker. For all it's problems- and there are numerous ones including a reported $18 Billion in legacy costs- Chrysler is still an attractive asset. It's the 4th largest automaker in the world's largest market.

  • Union Board Members Oppose Chrysler Breakup: Reports Monday, 19 Mar 2007 | 4:52 AM ET

    Employee members of DaimlerChrysler's  supervisory board plan to oppose a sale of Chrysler Group to a private equity firm that would lead to a breakup of the automaker, according to published reports.

  • Confronted with congressional concerns about global warming, the leaders of the U.S. auto industry are highlighting their work to develop alternative vehicles and asserting that the burdens of climate change cannot fall to one industry alone.

  • Cerberus Strengthens Chrysler Bid: FT Wednesday, 14 Mar 2007 | 9:11 AM ET

    Cerberus Capital Management's potential bid for DaimlerChrysler's Chrysler unit gained a boost as Wolfgang Bernhard, the restructuring expert who helped to turn around Chrysler five years ago, signed an advisory contract with the group, according to a report in the Financial Times.

  • CNBC's Domm: Today's Agenda in the Markets Tuesday, 13 Mar 2007 | 7:52 AM ET

    Stocks index futures are slumping ahead of the opening as news from the subprime mortgage world continues to flow. February retail sales data and an earnings report from Goldman Sachs GS could influence direction. European markets are weaker and CNBC Europe reports that worries about U.S. subprime lenders are creeping up there. Asian markets were mostly lower, dragged down by a rising yen.

  • Activity Heats up in Possible Chrysler Sale: WSJ Tuesday, 13 Mar 2007 | 3:37 AM ET
    Medco Health Solutions

    The pace of activity around a possible sale of DaimlerChrysler's Chrysler Group is accelerating, after several potential buyers met with management before presenting preliminary offers by the end of the month, The Wall Street Journal reported.

  • Chrysler Recalls SUVs After Dozens of Reported Fires Sunday, 11 Mar 2007 | 1:10 PM ET

    Chrysler Group said it would recall almost half a million vehicles, including recent models of the Jeep Liberty and Dodge Durango after reported fires and its new Dodge Avenger sedan because of faulty door latches.

  • CEO Frank Stronach said it was vital that Magna be involved in a possible sale of Chrysler to protect itself and help its biggest customer, the Globe and Mail reported.

  • Video Roundup: Going Green at Geneva Auto Show Friday, 9 Mar 2007 | 12:55 PM ET
    The new Subaru R1e Electric vehicle with rapid electricity charger is shown during the press day  at the 77th Geneva International Motor Show, Tuesday, March 6, 2007, in Geneva, Switzerland. The Motor Show will open its gates to the public from March 8 to 18. (AP Photo/Keystone, Martial Trezzini)

    The 77th International Auto Show in Geneva, Switzerland this year will no doubt be remembered by the presence of automakers exhibiting alternative powered technology.

  • On The Road To Cult Status Friday, 9 Mar 2007 | 11:04 AM ET
    1967 Ford Mustang

    Cult cars emerge regardless of marketing efforts and BMW's MINI is on the verge of joining the Ford Mustang and a select group of other autos that captured the imagination of car lovers.