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US Auto Sales

US Car Sales Indicate Economic Recovery in August

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.
General Motors headquarters at the Renaissance Center in Detroit

Auto Bailout To Cost Extra $3.4B

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.
Chrysler Monicatti Motors auto dealership is seen in Sterling Heights, Michigan

Chrysler Group July Car Sales Surge

Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported its best July U.S. car sales since before the recession Wednesday.
US Job Market

US Initial Jobless Claims Fall to 350,000, A 4-Year Low

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.
Auto Factory

June US Car Sales - Ford, GM, Chrysler Report Big Gains

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 Monicatti Motors auto dealership is seen in Sterling Heights, Michigan

Chrysler Reports Best June Sales Since 2007

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.
A 1993 to 2004  model year Jeep after a car fire

The Next Pinto? 5.1 Million Jeep Cars Under Fire Investigation

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).

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