General Motors' CEO earned $7.7 million in cash and stock in 2011, the year the automaker reclaimed its global sales crown and boosted its annual profit by 62 percent.
U.S. automaker Chrysler showed its best quarterly profit since its 2009 bankruptcy on strong sales in North America, and confirmed guidance that it will show a profit of about $1.5 billion in 2012.
As more than ninety automakers rolled out their newest models at the Beijing Auto Show Monday, there is growing optimism the industry will avoid production shutdowns due a shortage of a resin used in auto parts.
One year after the auto industry was hit by parts and components shortages following an earthquake and tsunami in Japan, automakers are scrambling to avoid a repeat of what happened last year.
Not all car redesigns win accolades. Some garner outright hostility for their "improvements." What follows is a list of redesigned cars that not only didn’t improve on the existing models, but may have made buyers wish they could have the old models back.
As the last major auto exhibition of the season, the New York International Auto Show often provides manufacturers with one last chance to debut models that weren’t ready earlier in the year. This year’s event is no different.
U.S. auto sales continued at a robust pace in March, boosted by consumers with more confidence in a recovering economy who want to buy fuel-efficient cars and trucks in the face of rising gasoline prices.
U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years, helped by a surprising sales gain by General Motors and strong results from Chrysler and Ford Motor.
With Romney desperate for a win in Michigan's primary on Feb. 28, he will have to explain to voters why in 2008, he called for the U.S. government to stand aside as auto companies at the brink of insolvency begged for help.
Clint Eastwood’s controversial Super Bowl ad for Chrysler was not an endorsement of anyone, the actor, director and Academy Award winner told CNBC Thursday.
Hours after it aired during the Super Bowl, the Clint Eastwood Chrysler ad became one of the loudest flashpoints yet in the re-election campaign of President Obama, providing another reminder that in today’s polarized climate even a tradition as routine as a football championship can be thrust into a partisan light, The New York Times reports.
Monday, 6 Feb 2012 | Posted By:
| Source: CNBC.com
In January 2012, new private sector jobs were created. People returning to the workforce won't see the same job market that they knew before the recession. However, some sectors are beginning to show signs of life. Click ahead to see which ones are bouncing back.
General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl.
In a world of large numbers, try wrapping your head around these digits: This year, the world is expected to set a new record with the sale of 80 million cars and trucks... Read More