General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO. The rest of the automotive industry's major players are not following suit, though, Ford Motor Company (NYSE: F), banking on the strength of the network effect, is actually upping its investment.
The world of auto racing lost a pioneer on Friday with the passing of Carroll Shelby.
It seems that everyone cannot stop talking about Mark Zuckerberg's roadshow to the Facebook IPO, where he angered Wall Street bankers by donning his standard uniform, a hoodie and jeans. But Zuckerberg isn?t the only CEO of a company who chooses to dress down than don a suit. Here are photos of 13 other CEOs who rid of suits.
On Wednesday, ABC news anchor Robin Roberts say down with President Barack Obama for an historic interview. For the first time, Obama affirmed his evolved position on one of America?s most controversial issues. Read the full transcript here, courtesy of ABC.
Social media gives companies a chance to humanize themselves, giving fans exclusive content in return for their loyalty. It's an effective strategy, and it's helped change the fortunes of several companies on the brink of solvency.
The Met Gala is known as the Oscars of the East Coast and fashion's biggest night of the year; so of course it is a daunting feat to have to decide on a best-dressed lady of the night. Despite how difficult it may be to choose, some stars truly did shine brighter than others. Here are photos of the best dressed, including Karolina Kurkova, Nina Dobrev, Camilla Belle and more.
Chrysler Group LLC is recalling 119,072 2011 and 2012 model year Dodge Charger and Chrysler 300 cars because of potential antilock braking system failure caused by an overheated power distribution center.
General Motors Company (NYSE: GM), the world's largest car company, reported an 8.2 percent drop in April sales on declining fleet sales and fewer selling days compared to the year before.
Ford Motor Company (NYSE: F) sales dropped 5 percent in April, despite sales growth for its Explorer, F-series trucks, Fusion and Edge vehicles, the company reported Tuesday.
Chrysler Group LLC said Tuesday that U.S. auto sales rose by 20 percent in April, the strongest result in four years and another sign of a resurgent auto industry.
One World Trade Center is officially the tallest building in New York City. It claimed the title on Monday afternoon when it topped the 1,250 feet of the Empire State Building. But One World Trade Center isn't done yet and when it is complete, NYC's biggest skyscraper will stand at 1,776 feet, including its 408-foot antenna.
Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.
Orders for long-lasting goods sank in March by the largest margin in three years, hurt by falling demand for commercial aircraft, the Commerce Department reported Wednesday.
U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.
Alfa Romeo will once more grace the streets of the U.S. with its fashionable wheels and seductive curves decking out the new 4C by the end of 2013, and the 4C trademark was issued on April 10, according to a new release posted by the U.S. Federal News Service.
The 2013 SRT Viper literally roared into the New York Auto Show when its crew gunned the engine with a heart rattling growl on Wednesday. The new car is regarded within the company as the beginning of a reinvention for Chrysler and SRT.
U.S. sales of autos surged in March as consumers decided to replace aging gas-guzzlers and take advantage of low interest rates, especially to buy fuel-efficient vehicles.
Chrysler Group LLC reported its March 2012 U.S. sales increased 34 percent, the best monthly sales in four years for the company.
Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
Chrysler Group LLC reported a 34 percent increase in March auto sales, the first major automaker to report sales for a month expected to show signs of a robust recovery for the U.S. auto industry.
March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
Scott Kluth has a love-hate relationship with his new Fisker Karma luxury electric sedan.
