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Obama Washington Auto Show

Obama's Auto Bailout Success Story Will Prove Crucial in Election Fight vs. Romney

Picture President Barack Obama's reelection campaign as a showroom. Over there, at one stand, is an overall improving economy -- he hopes. And somewhere in the showroom, either as a part of the economy stand or standing on its own, will be the health and restoration of the United States automotive industry. If the past week and a half is any indication, Obama plans to use it as a critical point in his reelection campaign as the industry continues a dramatic recovery from dire straits just mor...
Mort Zuckerman

Mort Zuckerman is Bullish on Cities

Mort Zuckerman, the venerable real estate developer and media mogul, has a taste for urbanism. He attributed the strong fourth quarter and 2011 for his real estate investment trust Boston Properties, Inc. (NYSE:BXP) to its focus on major cities.
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Auto sales in January show unusual strength

Auto sales rose more than 11 percent in January, a surprisingly robust showing that marked the strongest annualized sales rate for the industry in nearly two-and-a-half years.
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Auto sales in Jan show unusual strength

Major automakers reported a nearly 12 percent gain in U.S. sales in January, a surprisingly strong showing driven by the growing need for American drivers to replace aging cars and trucks.
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Ford, Chrysler Jan U.S. sales jump; GM slips

Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its largest rival General Motors Co lost ground in a month marked by modest growth.
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Ford, Chrysler January sales jump

Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its larger domestic rival General Motors Co lost ground in a month marked by modest growth.
The Chrysler 700 C concept van is displayed on the final press preview day for the North American International Auto Show in Detroit

Chrysler Reports Full-Year Profit on Strong U.S. Sales

U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and made the bold prediction that profit would be eight times higher in 2012, on strong sales in its main U.S. market.
Charles Pugh

Detroit's best-dressed man aims to mend Motown

The Big Three U.S. automakers may be on the rebound but the original Motor City, Detroit, is still battling to turn the tide of decline. One of the people leading the fight is Charles Pugh.
File photo of General Motors logo outside its headquarters at the Renaissance Center in Detroit

$132.9 Billion Owed to Taxpayers from Bailout, Some Won't Be Recovered: Report

U.S. taxpayers are still owed $132.9 billion by companies that benefited from the financial bailout and haven't fully repaid. Some of that money will never be recovered, a government watchdog said. Christy Romero, the acting special inspector general for the $700 billion bailout, has said the bailout that began in September of 2008, could actually last for several more years.
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Ford Accounting Change Signals Profit Outlook

Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker's belief it can remain profitable.

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