Stocks were weak Wednesday amid jitters about Greece's debt problems and the 10-year Treasury auction this afternoon.
U.S. stock index futures edged slightly lower ahead of the open Wednesday, with the Dow Jones Industrial Average poised just below the psychologically important 11,000-point mark.
The message from the Secretary of Transportation is clear: If he could, he would fine Toyota more than the proposed $16.4 million the Feds are seeking for the automaker failing to alert the government quickly enough about defective gas pedals.
As I was reporting the announcement of the Department of Transportation's fine against Toyota of $16.4 million, I kept thinking of the star athlete who makes gobs of money and is fined by the commissioner of the league for breaking a rule.
Slowly, surely, and somewhat quietly we're starting to see the fall out from the Toyota unintended acceleration scandal.
$25,280. Would you pay that for an all-electric car promising to get up to 100 miles per charge? Nissan believes many of you will.
Stocks pulled off a gain Tuesday after a see-saw session as techs and industrials gained, while energy and bank stocks were weak.
Nissan Motor said Tuesday its new electric car will cost just over $25,000 in the U.S., a move that could force rivals to lower prices on similar vehicles.
With Transportation Secretary Ray LaHood announcing two broad investigations into unintended acceleration in Toyotas spacer and whether electronics play a role in all makes and models having potential problems with vehicles suddenly speeding up, the hysteria surrounding this issue should lessen.
Stocks advanced Tuesday after a jump in consumer confidence and encouraging read on housing. Tech and telecom were the big trading story amid news that Apple's working on an iPhone that works on the Verizon network.
Toyota will provide its key hybrid technology to Mazda under a licensing agreement reached Monday, the two companies said.
Ever since Ford first started negotiating the sale of Volvo to Chinese automaker Geely, I've received a steady number of e-mails from Volvo owners calling this a sad development for their beloved brand.
When Ford announced the CEO Alan Mulally made nearly $18 Million last year, I was surprised when I got a few e-mails from people suggesting he made too much money.
This is what happens when you combine pent up demand, a slowly improving economy and the most generous incentives we've seen since Cash for Clunkers.
For the second time this week, Investigators from Toyota and the National Highway Traffic Safety Administration have found nothing wrong with a Prius the driver blamed for suddenly accelerating.
Three years after Alan Mulally vowed to make Lincoln a world-class brand again, the Ford division surged into second place in the J.D. Power Vehicle Dependability Study.
The challenges facing new GM CFO Chris Liddell could not be any bigger. Two months into his job at the country's largest auto maker he's trying to steer a company from money-losing post bankruptcy status to profitable future as a publicly traded company.
It seems like a case of Deja Vu. Another Monday press conference in California where Toyota's technical staff will refute a claim about sudden acceleration.
Responding to a request from the House Oversight Committee for clarification about allegations from an ex-Toyota attorney, the Japanese auto maker sent a letter on Friday to Rep. Edolphus Towns.
What started as a week filled with hope and promise for Toyota executives is ending with a thud. That thud is the sound of more legal cases and investigations being filed or launched against the Japanese automaker.