General Motors Co.To put a punctuation mark on a day when the company named a new CEO, General Motors Co. (NYSE: GM) on Tuesday placed three vehicles on the list of six…
ThinkstockIn a new report released Monday, the Center for Automotive Research (CAR) reckons that the federal government bailout of General Motors Co. (NYSE: GM) saved 1.2 million U.S. jobs and preserved $34.9…
courtesy of FordThe Mustang. Ford’s (NYSE: F) storied sports car, now aged, got a makeover. The publicity the new auto got was extraordinary. But, it did not help the No.2 U.S. manufacturers…
Kyle Bass's Hayman Capital Management reportedly has taken a large stake in General Motors. Bloomberg TV reported that the fund manager has taken a large stake, although its size was not initially…
Courtesy Volkswagen AGU.S. car and light vehicle sales grew 8.9% to 1,245,325 in November. Most of the largest companies reported record sales. Two large global manufacturers were left well behind — Volkswagen and…
ThinkstockAutomakers reported November U.S. sales throughout Tuesday, and we will follow the reports and post results as they come in. Carmakers had another good month both in sales and in average sales…
ThinkstockCarmakers are expected to report November sales on Tuesday, and the consensus estimate calls for sales of about 1.2 million cars and light trucks, a gain of 3.6% over November 2012, according…
Courtesy Ford Motor Co.Warren Buffett called Detroit land an asset of “huge potential”. That could only be true if the city’s finances were repaired enough so that tax revenue would outrun city expenses.…
courtesy of The Car Spy, via Wikimedia CommonsWhen the November car sales figures come out, one certain result will be that BMW, Audi, and Mercedes will post another month of double-digit growth.…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) has just recalled 161,000 2013 model year Escapes due to engine fire risks and 12,000 of the same model because of possible fuel leaks.…
courtesy of General Motors Co.New car sales in 2013 are headed for the best year in more than five. An early forecast from Edmunds.com estimates that, based on November sales numbers, the seasonally…
Courtesy Chrysler Group LLCUpdate: Chrysler has apparently moved its IPO to 2014, its largest shareholder Fiat said: “The Board of Directors of Chrysler Group LLC…has determined that it will not be practicable for…
Daimler AGAfter nearly a week of press previews, the Los Angeles Auto Show opened to the public on Friday and will run through next weekend. The number of new cars, concept cars,…
courtesy of General Motors Co.Depending on which expert does the math, the U.S. taxpayer will lose about $10 billion on the bailout of General Motors Co. (NYSE: GM) once the Treasury’s sell-off of…
Courtesy Volkswagen AGThe more a person spends for a new car, the more satisfied that car owner is likely to be. Among 350,000 car owners surveyed by Consumer Reports magazine for its…
