Sales of new cars in May are forecast to rise as much as 8% year-over-year in the U.S. and bounce back to a seasonally adjusted annual rate of more than ... Read Full Story »
Each year, 24/7 Wall St. identifies 10 important brands sold in America that we predict will disappear before 2014. This year’s list reflects the brutally competitive nature of certain industries ... Read Full Story »
Tesla Motors Inc. (NASDAQ: TSLA) may have mislead the press and investors about repaying government loans when it claimed that: [I]t has paid off the entire loan awarded to the ... Read Full Story »
Ford Motor Co. (NYSE: F) did the right thing in Australia, at least financially. It will stop building cars there. Its business in the country cannot work financially, the company ... Read Full Story »
Sirius XM Radio Inc. (NASDAQ: SIRI) has some new forecasts for 2013. CEO James Meyer spoke to the company's stockholders at the Sirius XM 2013 annual shareholders meeting on Tuesday. ... Read Full Story »
In 2012, drivers filed just under 30,000 complaints about their cars with the National Highway Traffic Safety Administration (NHTSA). The complaints included problems with brakes, powertrains and every other part ... Read Full Story »
Electric carmaker Tesla Motors Inc. (NASDAQ: TSLA) is issuing up to 3.9 million new shares at a non-discounted share price of $92.24, striking while the iron is hot and investors ... Read Full Story »
The European Automobile Manufacturers Association reported that regionwide car sales rose for the first time in a year and a half: In April, the EU market of new passenger cars grew ... Read Full Story »
What makes a good family car? It’s usually a combination of features like roominess, safety, cost to purchase, cost to run and maintain, style and resale value. Purchasing a family ... Read Full Story »
Small SUVs have enjoyed raging sales because of their versatility and gas mileage. The sales of some brands in the sector may plunge. New data from the Insurance Institute for ... Read Full Story »
Tesla Motors Inc. (NASDAQ: TSLA) has been a stock on fire. Shares gapped up to yet a new all-time high at $97.12 on Tuesday after earnings. Now shares are in ... Read Full Story »
Chrysler Group LLC will begin a recall campaign for nearly 300,000 Jeep Grand Cherokee and Commander models manufactured between 2004 and 2010 to repair a problem in the vehicles’ 4-wheel ... Read Full Story »
Following the financial crisis of 2008, the U.S. Treasury was authorized to commit up to $700 billion to a Troubled Asset Relief Program -- TARP -- in an effort to ... Read Full Story »
Toyota Motor Corp. (NYSE: TM) issued financial data that showed that in the short term the auto manufacturer has experienced a recovery. Toyota's fortunes mostly have gotten better since the ... Read Full Story »
Hertz Global Holdings Inc. (NYSE: HTZ) is joining the ranks of large companies with private equity backers selling out. A huge offering took place after the sale of a whopping ... Read Full Story »