US auto factories cutting back on summer downtime
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.Full story
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.Full story
DETROIT (Reuters) - A boutique carmaker led by former General Motors Co <GM.N> executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said. Full story
Shares of automakers rose Friday, with General Motors Co. stock reaching its highest price in more than two years, as Europe became the latest part of the globe to report rising auto sales. Full story
Colin Rusch, Northland Capital Markets' Colin Rusch raised his price target on the automaker from $50 last week to $95 today.
Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
Automakers have rebounded since the financial crisis, but car loan delinquencies are on the rise, reports CNBC's Phil LeBeau.
Luxury electric automaker Fisker is on the verge of bankruptcy and now its Karma Sedan which once retailed for more than $100,000, are now going for cheap, with CNBC's Phil LeBeau.
CNBC's Phil LeBeau breaks down the automaker's better-than-expected first quarter numbers of $0.41 versus $0.37 EPS on revenues of $33.9 billion.
A boy rides on the back of a tricycle that bears an emblem belonging to South Korean automaker Hyundai, in Beijing May 6, 2013. REUTERS/Kim Kyung-Hoon (CHINA - Tags: SOCIETY)
Customers walk around cars of German premium automaker BMW at the headquarters in Munich March 19, 2013. REUTERS/Michael Dalder
A sign for automaker Hyundai hangs at the 2008 New York International Auto Show March 19, 2008. REUTERS/Keith Bedford
German premium automaker BMW Chief Executive Norbert Reithofer addresses the company's annual news conference in Munich March 19, 2013. BMW expects earnings to stagnate this year as costs for 11 new model launches, capacity expansion and spending on fuel-efficient technology eat up higher profits f