Strategists said stocks could continue a pattern of consolidation Thursday, after the massive spring back rally earlier in the week.» Read More
NHTSA is urging owners of more than 5 million vehicles to "act immediately" to get faulty air bags fixed. The New York Times reports.
Prices of Ford's electric car Focus Electric will be cut in a bid to boost sales, USA Today reports.
Ford Motor Co. rose$. 15 or 1.1 percent, to $14.17. General Motors Co. rose$. 10 or. 3 percent, to $30.34. Honda Motor Co. rose$. 48 or 1.5 percent, to $31.61.
DETROIT, Oct 20- Toyota Motor Corp recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because of potentially defective front passenger air bag inflators from Japan's Takata Corp that can rupture and spray metal shrapnel, according to U.S. safety regulators. That raised the number of vehicles affected by regional recalls launched in...
Ford Motor Co. rose$. 04 or. 3 percent, to $14.06. General Motors Co. rose$. 07 or. 2 percent, to $30.31. Honda Motor Co. rose$. 37 or 1.2 percent, to $31.50.
The National Highway Traffic Safety Administration issued an urgent plea to more than 4.7 million car owners whose air bag inflators have been recalled to get them repaired. The air bags, especially in areas along the coast with high absolute humidity, have inflators that can rupture. —Models: 2002 to 2004 Lexus SC, 2003 to 2004 Toyota Corolla and Matrix, 2002 to...
The NHTSA said on Monday that certain car owners should "act immediately" to replace defective Takata airbags, affecting 4.7 million vehicles.
DETROIT— At least 29 people have died and 27 people have been seriously injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday. Feinberg will accept claims until Dec. 31.
Multiple automakers have recalled vehicles in the U.S. over the past two years to repair air bag inflators made by Takata Corp., a Tokyo- based supplier of seat belts, air bags, steering wheels and other auto parts. In a statement Monday, the National Highway Traffic and Safety Administration warned owners of those cars to act right away. The warning covers cars made...
Toyota Motor on Monday recalled 247,000 vehicles in the U.S. because a Takata-made air bag may rupture.
Ford Motor Co. rose$. 04 or. 3 percent, to $14.06. General Motors Co. fell$. 05 or. 2 percent, to $30.19. Honda Motor Co. rose$. 33 or 1.1 percent, to $31.46.
MEXICO CITY/ DETROIT/ TOKYO, Oct 18- Manufacturing problems with Takata Corp air bags go beyond what the Tokyo- based company has disclosed to U.S. safety regulators about why the devices are at risk of exploding with dangerous force, according to internal company documents reviewed by Reuters. Takata has cooperated with an investigation begun in June by...
The "Fast Money" pros offered their best moves for the coming week.
Ford Motor Co. rose$. 04 or. 3 percent, to $14.02. General Motors Co. rose$. 30 or 1.0 percent, to $30.24. Honda Motor Co. rose$. 22 or. 7 percent, to $31.13.
"I think short term, we deserve a bounce," short-only portfolio manager Brad Lamensdorf says.
DETROIT, Oct 17- General Motors Co's top lawyer will retire early next year, months after his department was heavily criticized for how it handled the automaker's defective ignition switch that has been linked to at least 27 deaths. Michael Millikin, 66, informed GM of his decision and the company will immediately begin an external search for his replacement,...
Ford Motor Co. rose$. 23 or 1.6 percent, to $14.21. General Motors Co. rose$. 72 or 2.4 percent, to $30.66. Honda Motor Co. rose$. 27 or. 9 percent, to $31.18.
DETROIT, Oct 17- General Motors Co's top lawyer, whose department was heavily criticized for the handling of a defective ignition switch linked to at least 27 deaths, will retire early next year. Michael Millikin, 66, informed GM of his decision and the company will immediately begin an external search for his replacement, the No. 1 U.S. automaker said on Friday.
DETROIT— General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year. During a July Senate hearing on the delayed recall of small cars with faulty switches, lawmakers demanded that Millikin be fired. CEO Mary Barra praised Millikin as a...
General Motors is announcing its General Counsel Mike Millikin is retiring, reports CNBC's Phil LeBeau.