Stock index futures slide on Thursday.» Read More
Stephen Odell, Europe, Middle East and Africa president of Ford, discusses the launch of the new Mustang on the car's fiftieth anniversary.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Dec 4- Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Bloomberg first reported news of the stake, which it called one of Hayman's largest investments.
NEW YORK, Dec 4- A recovering economy and cheaper prices at the pump have boosted U.S. gasoline demand in recent months, following five years of decline, a change that some experts say could continue into 2014.. Pump prices on Thursday's Thanksgiving holiday were the lowest in three years, the Energy Information Administration said last week.
DETROIT, Dec 4- Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock could rise more than 40 percent over the next 12-18 months after the U.S. Treasury sells its stake in the company, Bloomberg reported on Wednesday.
DETROIT, Dec 4- Mitsubishi Motors Corp has cut the price of its i-MiEV subcompact electric car in the United States by 20 percent for the 2014 model year, joining the parade of automakers who have lowered EV prices to boost demand.
SHANGHAI/ HONG KONG, Dec 4- China plans to roll out financial sector reforms in the Shanghai special economic zone in the next three months and most will be implemented in a year, suggesting authorities are accelerating the pace of dismantling capital account controls.
TORONTO, Dec 3- Ford Motor Co's Canadian arm maintained its spot as the country's best selling brand, data released on Tuesday showed, as growing demand for trucks helped power a sixth consecutive monthly record for Canadian vehicle sales in November.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.
*Amazon shares drop, with holiday shopping in focus. *Yum Brands stock falls after company says Nov China sales flat. Amazon.com Inc slipped 2 percent to $384.66 and was one of the biggest drags on the S&P 500. The S&P retail index shed 0.8 percent after the holiday shopping season got off to a tepid start.
TORONTO, Dec 3- Ford Motor Co's Canadian arm sold more than all other carmakers in Canada in November helped in part by strong sales in the Fusion, according to auto sales data released on Tuesday. However, in terms of sales growth, Chrysler Canada sales rose almost 13 percent year-over-year in November outpacing all of its Detroit competitors.
BOSTON, Dec 3- A U.S. senator has asked 20 of the world's biggest automakers for information on how they secure their vehicles from cyber attacks, in light of reports by security experts who say they have identified ways to hack into cars.
*Tesla's stock jumps after Morgan Stanley names it a top pick. *Amazon.com shares down, with holiday shopping in focus. Shares of Ford Motor declined 3 percent to $16.54 while shares of General Motors were down 2.7 percent at $38.04 even as November auto sales for most companies exceeded expectations.
Still considered America's richest union, it has had troubles in recent years, including slumping membership and stalled organizing efforts.
Tuesday's midday movers:
CNBC's Phil LeBeau talks with Erich Merkle, Ford U.S. sales analyst about why the automaker saw sales rise 7.2 percent last month versus an estimate of 3.0 percent.
DETROIT, Dec 3- Aggressive discounting and the continued popularity of big pickup trucks helped propel November vehicle sales well past expectations, with the three Detroit automakers and two of Japan's top three reporting year-to-year increases on Tuesday.
Pickup trucks continued to drive a resurgence in auto sales in November as the Big Three Detroit automakers all exceeded analysts' expectations.
DETROIT, Dec 3- Pickup trucks continued to drive a resurgence in U.S. vehicle sales in November as the Big Three Detroit automakers all exceeded analysts' expectations.
CNBC's Phil LeBeau reports Ford beat sales estimates while production slightly dipped by 2 percent compared to the first quarter last year.