Auto demand in global markets will continue its upward trend in 2012 and 2013 despite regional disparities. Nomura analysts forecast double-digit growth in the U.S. and Southeast Asia, but expect European demand to shrink 7 percent.
Watch video and read the full text of Bill Clinton's speech Wednesday night at the Democratic National Convention in Charlotte, N.C.
Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.
Global automakers report August U.S. car sales, Tuesday. Follow the blog for the latest updates from Chrysler, Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Nissan Motor Co. (Tokyo: 7201), Honda Motor Co. (NYSE: HMC), Volkswagen AG (Frankfurt: VOW) and Toyota Motor Corporation (NYSE: TM).
On the last day of the 2012 Republican National Convention in Tampa, shortly before GOP presidential nominee Mitt Romney takes the stage to accept the nomination, a "to be announced" speaker will be giving some remarks.
The Canadian Auto Workers and the Detroit Three, General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Chrysler Group LLC, began preliminary contract negotiations on Tuesday, and the fate of Canadian auto manufacturing may hang on the talks.
The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
The world's third-largest employer suffered a damaged reputation in the wake of its mismanagement of security in London, but it may keep growing all the same. It has always done so.
July US car sales diverged for American manufacturers Ford and Chrysler, the first two carmakers to report sales for the month.
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported its best July U.S. car sales since before the recession Wednesday.
The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.
The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Department said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
All major automakers posted big gains in pickup truck sales in June, usually a slow month for pickup truck sales, as contractors replaced old trucks because of a rebound in construction and new home starts.
The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.
U.S. car sales revved up again in June after lackluster May sales numbers as consumers continued to flock to dealer lots to replace aging vehicles and buy new trucks and crossover SUVs.
June U.S. car sales rose across the board, surging above the 14 million unit seasonally adjusted annual rate (SAAR) of sales after a lackluster May, indicating a continued recovery for the industry that will likely carry through the second half.
Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported June sales rose 20 percent compared to the year before, making it the best June sales month in five years.
Up to 5.1 million Jeep Grand Cherokee, Jeep Cherokee and Jeep Liberty model SUVs may be subject to one of the largest recalls in history depending on the results of an engineering analysis by the National Highway Traffic Safety Administration (NHTSA).
Apple iOS 6 Software will bring a whole host of updates to Siri in the fall, but the biggest tease during the WWDC keynote on Monday was Eyes Free; a feature that integrates Siri into your car.
Fiat S.p.A. plans to close its headquarters in Mirafiori, Italy for eight additional working days this summer to save ?8 million ($10.1 million) following lackluster European profits for the company.
NASCAR fans are car fans, and the racing league and manufacturers like Toyota that compete in the Spring Cup Series are betting that some design tweaks can energize that fandom as well as dealership sales.