There are orange cars here at the North American International Auto Show in Detroit (man, that’s a long name for an event). Apparently orange is a hot color. There are a lot of other bold colors as well. Phil Lebeau has been telling you all about the cars, but I thought I’d tell you about the vibe. Not the Pontiac Vibe, but the “vibe” vibe.
When the two largest automakers in the world announce major commitments to go green within minutes of each other, it is more than just a statement about the environment. Is about winning the battle for eco-friendly cars and trucks.
General Motors has room for additional cost cutting in its U.S. business, a top company executive said Sunday.
General Motors unveils a smaller, sporty model, the Hummer HX, that can be turned into a convertible or off-road vehicle and runs on ethanol.
Kid Rock rocked Detroit Saturday night with an inspired concert to cap off General Motors' Style event. Rock, Mary J. Blige and Maroon 5 performed for a packed house while the latest GM models rolled up and down a model runway.
Friday afternoon I walked into Cobo Hall in Detroit and there was a flurry of activity with cars being brought in, stages being set up, and elaborate new model introductions being rehearsed. Welcome to Detroit two days before the city's big auto show.
Like most big trade shows, the North American International Auto Show, (aka: The Detroit Auto Show), kicks off with closed-door sessions for the news media before opening to the general public Jan. 19.
Nissan Motor, Japan's third-biggest automaker, is set to supply Chrysler with fuel-efficient small cars, Japanese broadcaster NHK reported on Thursday.
Ford Motor has signed up some tech heavyweights to help with "Sync," its in-car satellite communications system, With help from Microsoft, Sirius and others, Ford's car of the very near future is something like a GPS, digital music player, cell phone and voice recognition system on wheels.
It's the grand daddy of American auto shows, so it's about time the Detroit Auto Show goes "Prime Time." It finally happens next week and we couldn't be happier that CNBC is the network raising the profile of the auto show.
Slowdown talk hurts tech, commodities, defense stocks today. UBS downgrades IBM on concerns about a slowing in tech orders; Deutsche Bank downgrades Boeing and Goodrich. Commodities weak across the board—metals, steel, iron ore (2nd day in a row.) Defensive stocks—consumer, drugs all strong. Lilly upgraded at Morgan Stanley.
The poor jobs report is causing a rethinking of stock models, which are weighted toward certain sectors based on earnings expectations. Up until recently, many large traders were overweight tech, industrials and materials stocks on two assumptions.
It still hasn't been built and it may not hit showrooms by the time people have been projecting. Yet, it's causing a puzzling amount of angst for investors and auto fans. I'm talking about the Chevy Volt, an electrically driven car GM is developing.
Toyota Motor overtook Ford Motor to become the No. 2 automaker by U.S. sales in 2007, using new products and relentless strategy to break Ford's 75-year lock on the position.
It's just hours till the start of what promises to be the biggest Consumer Electronics Show in recent memory. Sure, Silicon Valley is known the world over as the world's high tech capitol, but beginning Sunday night, with Bill Gates' keynote, Las Vegas will hold that distinction; at least for a week.
As I was digesting the latest auto sales numbers, I saw one bullet point cross the newswires that I keep thinking about. For the first time since 1931 Ford is not #2 in U.S. Auto Sales behind General Motors. The second place slot is now controlled by Toyota.
Stocks closed little-changed ahead of Friday's jobs report after ringing in the new year with a record decline.
It was nowhere as close as the presidential races taking place in Iowa. Nor does it have the level of importance that goes with a presidential caucus. But when we asked you to let us know which automaker has the most to prove in 2007, you made it clear, by a long shot, that Ford is the automaker on the hot seat.
U.S. automakers were expected to report on Thursday that sales finished 2007 weakly, hurt by the housing slump and high gasoline prices, and the resulting worst sales year in a decade for the industry was seen as likely to increase pressure for further production cuts.
Maybe it's because of the Iowa caucus' taking place Wednesday night. Maybe it's because at the start of a new year, it's a good time to make predictions. Or maybe it's because the auto show season is about to kick off with the automakers putting out their visions for the future. Whatever the reason, I think today is the day to ask YOU which automaker has the most to show, prove, gain, lose in 2008?