CNBC's Phil LeBeau reports General Motors has hired Anton Valukas to oversee the company's internal recall investigations.» Read More
First let me say that I rarely cover other media since it gets a little tricky, but I'm going to make an exception here. I like Joe Buck and Tim McCarver. I think that for the most part they do a great job. But the Fox sales team is getting a little too aggressive for my World Series taste.
Wow. A car company signs up Bob Dylan to pitch cars, I blog about it, and it's clear some of you do not like the idea of Dylan and Caddy riding together. In Tuesday's blog I talked about Cadillac signing a deal with Bob Dylan that includes the rock and folk legend pitching Cadillac's.
Three Chrysler plants in the Detroit area on Wednesday voted to approve a proposed four-year contract for workers represented by the United Auto Workers union, boosting the chance that the contested labor pact will be ratified this week.
The "kitchen sink" theory is out the window. There's a trust problem developing on the Street. Remember a few weeks ago traders drove up the stocks of companies like Citigroup, even though they did take very large losses for subprime and CDOs?
An engine cooperation pact between German carmakers BMW and Mercedes is likely but it will not be concluded this year, Daimler chief executive Dieter Zetsche said on Wednesday.
How much pull does Bob Dylan still have with baby boomers? Cadillac is banking on quite a bit. The rock and folk singing legend begins a partnership with Cadillac that kicks off tomorrow with Dylan playing and discussing songs about Cadillac during his Theme Time Radio Hour on XM satellite radio.
Toyota said Monday it sold 2.34 million vehicles globally in the July-September quarter, fewer than General Motors' tally, as its U.S. rival regained the lead in the race to be the world's top automaker.
United Auto Workers members at a major Chrysler assembly plant in St. Louis have overwhelmingly rejected a proposed contract with Chrysler, delivering a setback to union leadership in early voting on the four-year deal. ...But a smaller local at the Chrysler engine plant in Kenosha, Wis., approved the contract by 82 percent.
I asked, and you told me--which of the Big 3 has the best chance to turn things around. A lot of you think General Motors has the best shot. This was not a scientific survey of course, and to be honest, I received a slew of e-mails from people who think Ford and Chrysler are the two automakers that will get their act together first with new models that se
General Motors said Thursday its global sales rose 4 percent to a record 2.38 million cars and trucks in the third quarter of 2007, driven by strong demand in emerging markets.
Residential Capital, the mortgage unit of GMAC Financial Services , said Wednesday it will eliminate 3,000 jobs, or 25 percent of its work force, to cope with the U.S. housing downturn.
Gatorade, which is owned by Pepsi, confirmed today that it signed a licensing deal with Tiger Woods. Last month, Golfweek Magazine reported that it was a five-year deal and that it could be worth up to $100 mill
Go ahead, say it! SAY IT! When some of you saw the news that Consumer Reports is no longer recommending one of the Toyota Camry's (6 cylinder), Tundra's (V-8 4WD) and Lexus GS (AWD) the first thing you thought is, "I told you so!!!"
Toyota Motor said it would recall about 470,000 cars in Japan including the Crown, Sienta and bB models, on fears of fuel leaks and steering problems, sending the automaker's shares lower.
Stocks fell after Fed Chairman Ben Bernanke said the housing slump is likely act as a drag on to U.S. economic growth, sparking investor concerns. "It was just last month Bernanke was saying things were contained, but now he's saying housing troubles can spread," said Brian Hicks, president of Wealth Daily. "This-flip flop in the last month has really spooked the markets."
Here's my first "vlog" or video piece made exclusivey for this blog. The topic:for the first time in more than a decade, Consumer Reports does not recommend Toyota's Camry. Take a look and listen.
Get ready. Here comes one of the biggest ad and marketing blitzes of the year. On TV, in magazines and on the internet--especially the internet--GM is out to prove it can still make a car we want.
A new four-year contract between General Motors and the United Auto Workers will transfer an estimated $46.7 billion worth of retiree health care liability from the company to the union and will significantly reduce labor costs, the company said Monday.
It came out left field. There I am Saturday morning at the gas station when the guy behind me said, "You keep saying GM's getting better. I'll believe it when I see it." At first I wasn't sure he was talking to me, but after a few seconds I asked him why he he doubts GM is coming back.