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  • It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.

  • Today's Cars And Trucks Really Are Made Better Wednesday, 4 Jun 2008 | 1:46 PM ET
    J.D. Power & Associates

    This year Porsche is number 1 with an average of 67 problems per 100 made. It's followed by Infiniti (jumping from 9th to 2nd), Lexus, Mercedes and Toyota. The Porsche victory is not surprising given it historically does well in quality surveys. Infiniti's jump is impressive and will help that brand continue on the resurgence it's enjoyed in the last couple of years.

  • Bank Stocks You Can Bank On Wednesday, 4 Jun 2008 | 11:14 AM ET

    Bernie McGinn says it's time for the investor to make a deposit in some selected bank stocks -- because the founder of McGinn Investment Management thinks the subprime crisis has run its course.

  • Energy, Financials Lead Decline; Lehman Skids Tuesday, 3 Jun 2008 | 5:12 PM ET

    Stocks tumbled after General Motors and Ford reported sharp drops in May sales. Prior to the news, it was a yo-yo session as a $2 drop in oil prices dragged on energy stocks and concerns lingered about financials.  The market popped several times after some good news, including a jump in factory orders, GM's restructuring plan and comments from Federal Reserve Chairman Ben Bernanke, but gains quickly fizzled.

  • Mark it down. May is the month that finally broke the back of the Big 3's great run with trucks and SUVs. Oh sure, Detroit still dominates the truck business, but it's clear buyers want something less, that's what is hurting Detroit.

  • US Auto Sales Slide in May as Buyers Spurn Trucks Tuesday, 3 Jun 2008 | 4:28 PM ET
    Woman looks at new Toyota Camry on dealer lot

    General Motors and Ford reported sharp falls in U.S. auto sales in May, with sales of trucks hit especially hard as consumers shied away from automobiles with low gas mileage. Toyota Motor, meanwhile, reported a smaller decline.

  • Stocks Skid After Drop in Auto Sales Tuesday, 3 Jun 2008 | 3:00 PM ET

    Stocks tumbled after General Motors and Ford reported sharp drops in May sales. Prior to the news, it was a yo-yo session as a $2 drop in oil prices dragged on energy stocks and concerns lingered about financials.  The market popped several times after some good news, including a jump in factory orders, GM's restructuring plan and comments from Federal Reserve Chairman Ben Bernanke, but gains quickly fizzled.

  • GM Seen Cutting Deeper as Recovery Is Sideswiped Monday, 2 Jun 2008 | 8:33 PM ET
    General Motors

    General Motors, facing a sinking U.S. market for trucks and SUVs, is expected to unveil steps on Tuesday to conserve cash and cut production of slower-selling models in a bid to shore up a faltering restructuring now in its third year, according to analysts.

  • Financial Woes Slam Stocks; GM Shines Monday, 2 Jun 2008 | 4:55 PM ET

    Stocks closed lower Monday, snapping last week's rally, amid a fresh wave of financial worries and inflation concerns. General Motors rose.

  • Financial Downgrade Slams Stocks; GM Rises Monday, 2 Jun 2008 | 2:17 PM ET

    Stocks declined amid concerns about inflation following a manufacturing report and a fresh wave of concerns in the financial sector.

  • Oil Drops 4% On Week Friday, 30 May 2008 | 6:16 PM ET

    Next week could be the biggest week for oil and other commodities in years, says Guy Adami. What's the "Word on the Street?"

  • Automakers Expected to Post Big Sales Drop for May Friday, 30 May 2008 | 4:42 PM ET
    Woman looks at new Toyota Camry on dealer lot

    Major automakers are expected to post steep declines in U.S. sales for May, as the spike in gasoline prices battered an industry already reeling from weak consumer confidence and tighter credit.

  • Kerkorian's Ford Tender Offer on Track Despite Slump Friday, 30 May 2008 | 11:10 AM ET
    Ford

    Billionaire investor Kirk Kerkorian will move ahead with his tender offer for Ford shares despite a recent slump in the No. 2 U.S. automaker's stock, pushing shares up as much as 3 percent.

  • Detroit's Challenge: Designing Cars Drivers Want Now Friday, 30 May 2008 | 9:42 AM ET

    In the last 10 years, the Big 3 have struggled to come up with sedans to beat the Camry, Corolla, Civic and Altima. In fact, if you look at the top 10 best selling cars right now, only 4 are American models: The Ford Focus, Chevy Cobalt, Malibu and Impala.

  • Yes, gas prices are soaring, SUV values are tanking, and Detroit is bracing for the possibility of more job cuts. But there are reasons to be optimistic about the future of the industry. Here are four:

  • Million Dollar Portfolio Challenge:  Trades of the Day Thursday, 29 May 2008 | 8:46 AM ET

    Nearly 2.1 billion shares and $34 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Lehman Cuts GM Price Target amid Revamp Talks Thursday, 29 May 2008 | 7:28 AM ET

    Lehman Brothers reduced its estimates for General Motors, cutting the share price target to $19.50 from $24, citing a fall in sales of pickup trucks and SUVs as well as a doubling of steel costs among headwinds facing the car maker.

  • Ford to Cut Up to 12% of Salaried Jobs Wednesday, 28 May 2008 | 8:57 AM ET

    Ford Motor plans to cut its U.S. salaried work force by up to 12 percent after its turnaround plan stalled because of the downturn in the U.S. economy, the Detroit News reported Wednesday.

  • Oil prices will continue to roil the stock market this week as the summer driving season officially kicks off and as more companies feel the pinch of higher energy prices on their profit margins.

  • The Week: What Investors Can Do When Oil Spikes Saturday, 24 May 2008 | 9:26 AM ET

    Most business news this week took a back seat to oil's relentless climb, but there were still some notable moments. And CNBC guests had plenty of stocks to recommend for worried investors.