GM appears to be flexing new muscle at the Detroit Auto show. Not only did America’s largest auto company unveil a new muscle car, the Camaro convertible--but as CNBC’s Phil Lebau learned--GM CEO Rick Wagoner says he has clear plans to make his company equally lean and mean. On "Squawk Box" Wagoner told LeBeau he expects to see improved operating results and lower cash outflow in ’07.
The Chery-DaimlerChrysler alliance and Changfeng's "Cheetah" brand are only two of the big China stories at the 2007 North American International Auto Show.
Cult cars emerge regardless of marketing efforts and BMW's MINI is on the verge of joining the Ford Mustang and a select group of other autos that captured the imagination of car lovers.
Electric cars are the rage at the North American International Auto Show in Detroit with General Motors unveiling a new "concept" car called the Volt designed to use little or no gasoline.
General Motors hopes to increase its U.S. retail sales in 2007 despite what is expected to be flat growth at best for the U.S. auto industry, Chief Executive Rick Wagoner told reporters on Sunday.
Chrysler Chief Executive Tom LaSorda says the company's restructuring will be on a smaller scale than that of rivals Ford and General Motors.
Capping a record year in 2006 with a 10% jump in group vehicle deliveries last month, BMW aims to continue in 2007 with its sixth straight year of sales growth, the company said on Sunday.
In a few days, a slew of new models will be unveiled at the Detroit Auto Show. Some will blow us away. Some will make us yawn and say, "are you kidding me?" But one in particular will take your breath away. It's the new Rolls Royce Drophead Coupe. Stunning. Impressive. Yowza. I'd use those adjectives to describe the Drophead convertible I rode in and examined while visiting the Rolls Royce Motors headquarters in Goodwood, England.
Ford CEO Alan Mulally says the struggling automaker is on target to return to profitability by 2009. Mulally also downplayed his meeting with Toyota's Chairman Fujio Cho saying he's talking with leaders from many automakers to better understand the industry and see if there are opportunities for mutual cooperation.
The world's automakers are spending over $200 million at this year's North American International Auto Show in hopes that vehicle buyers will spend big.
CNBC’s auto-market blogger Phil LeBeau told “Squawk Box” that the hottest development may come from Shanghai; and GM and Nissan alliance talks stoked merger mania.