Companies are making headlines after the bell Monday: GM, F & TXN» Read More
Still considered America's richest union, it has had troubles in recent years, including slumping membership and stalled organizing efforts.
Tuesday's midday movers:
GM's sales are up 14 percent from this time last year. "Fast Money" traders Joe Terranova and Pete Najarian debate if there is any reason not to buy General Motors. Pete Najarian believes the auto maker will lose market share in China, and U.S. production needs to step up.
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 speaks to General Motors VP of U.S. sales Kurt McNeil about positive November U.S. sales data. "We're not concerned about our inventory levels," he says.
U.S. stock index futures pointed to a tepid Wall Street open on Tuesday, as caution set in ahead of Friday's non-farm payrolls jobs report.
Chrysler, an affiliate of Italy's Fiat SpA, said Tuesday that November sales were 142,275, partly on the strength of its new 2014 Jeep Cherokee. Analysts polled by Thomson Reuters had expected 135,189. Chrysler said it was the best November since 2007, before the auto industry plunged into a deep recession.
SHANGHAI/ BEIJING, Dec 3- China's auto lobby has fiercely opposed a possible move by Beijing to ease restrictions on foreign ownership in the car industry, saying that the move would seriously weaken the position of indigenous carmakers.
LAUNCESTON, Australia, Dec 3- Australia's new Liberal government is discovering that it's easier to promise to be business friendly and welcoming to foreign investment than it is to deliver in practice.
DETROIT, Dec 2- The United Auto Workers union is considering hiking membership dues by 25 percent, the first increase since 1967, as it faces dwindling membership and rising costs, a top UAW official and several union sources said.
Credit advanced electronics for making the latest safety technology not only possible but increasingly affordable.
U.S. court upheld a ban on political ads on public television and radio stations, rejecting an argument it violates the First Amendment.
The surge of GM shares comes as the Federal government is about to finish selling its GM stake, and is a day executives have been waiting for.
The FDA tells Google-backed personal genetic profiler 23andMe to stop selling its home DNA kit, another sign regulators think you have the idiot gene.
*Peugeot, Renault officials attending Iran conference. *Foreign firms hope to revive Iran production. PARIS/ DUBAI, Nov 28- Peugeot and Renault are among Western firms sending executives to an automotive conference that opens in Iran on Saturday- firing the starting gun on a more overt race for post-sanctions business.
Nov 29- The new owners of Swedish car maker Saab, National Electric Vehicle Sweden AB, will restart production of the 9-3 sedan on Monday at the Trollhattan factory in Sweden, a NEVS spokesman said on Friday.
The struggle of low-income workers, many in retailing, is adding momentum to efforts to increase the federal minimum wage. The NYT reports.
Kelley Blue Book is estimating that auto sales will be 3.6 percent higher than the day after Thanksgiving last year.