Thanks in part to low interest rates and an improving economy, new car and truck sales hit their highest level in almost six years last month: nearly 1.5 million vehicles sold. The numbers are so much better than expected so far this year that analysts at Edmunds.com added another 500-thousand cars Full story
The Treasury is announcing today that it will dump its remaining stake in General Motors, with CNBC's Phil LeBeau and Michelle Krebs, Edmunds.com; and John Batchelor, The John Batchelor Show host, discusses the latest on the Benghazi scandal.
DETROIT (Reuters) - Ford Motor Co <F.N>, vying to challenge Toyota Motor Corp's <7203.T> stronghold on the U.S. hybrid market, said it expects to wind up with 11 percent of the U.S. market for hybrid, plug-in hybrid and battery electric vehicles this year. Full story
SEOUL (Reuters) - U.S. consumers have become less willing to buy cars from Hyundai Motor Co <005380.KS> and Kia Motors Corp <000270.KS> since the South Korean automakers admitted overstating the fuel economy of some of their vehicles, data from Edmunds.com showed. Full story
Toyota announces it is scaling back EV plans, with CNBC's Phil Lebeau and Jessica Caldwell, Edmunds.com senior analyst.
CNBC's Phil LeBeau reports slowing sales in Europe has Ford's stock tanking today. Will the slump in auto sales hurt U.S. workers? Michelle Krebs, senior analyst for Edmunds.com, weighs in.
How will weak economic reports impact strong auto sales? Jessica Caldwell, Edmunds.com senior analyst and CNBC's Phil LeBeau discuss.
