Ironically, Exxon still generates about four times the annual revenue that Apple does.
General Motors , the biggest overseas automaker in China, rolled out its first car under its newly created Baojun brand in the country on Tuesday.
Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.
General Motors' profit topped estimates as revenue jumped 19 percent.
General Motors Co.'s quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.
U.S. automakers reported higher sales for the month of July, but the ongoing weak economic environment doesn't bode well for the sector.
Sales rose almost eight percent for Chevrolet in July, as the company benefits from the fuel-efficient Cruze and other new products. The 2012 subcompact Sonic is due to arrive in dealer showrooms in October.
Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles.
Now that NASA is done with its Space Shuttle Program, the $100 billion International Space Station it worked so hard to build will stay afloat in space until at least 2020, according to comments by Russia's space agency.
Ford Motor Co said on Thursday said it plans to invest $1 billion to build a factory in western India, doubling its investment in the country as the U.S. carmaker seeks to gain a greater share in the second-fastest growing auto market in the world.
General Motors Co Chief Executive Daniel Akerson has weighed in strongly on the future of its Opel business, saying the European unit was not for sale.
The Obama administration is in talks with General Motors (GM) and Ford (F) for the framework of an agreement that would raise the U.S. fuel economy average to 54.5 mile per gallon (mpg) in 2025.
Ford's near-term success is riding on getting a new UAW contract that controls labor costs for the next four years. If Ford is successful, the company's costs paid for debt will improve with a credit rating upgrade.
Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
Worried about its rising healthcare costs, General Motors Co tried several years ago to buy a bar adjacent to its Janesville, Wisconsin assembly plant so it could eliminate a source of junk food and alcohol.
The UAW has started contract talks with Chrysler. The labor union says it wants some previous concessions back. But management at Detroit's Big Three wants to avoid costly mistakes of the past. The companies want to reduce labor costs rather than give wage increases.
The United Auto Workers is talking with a lot of foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
The United Auto Workers is talking with several foreign automakers about representing their U.S. plants' hourly workers and could see a deal by year end, top union officials said.
General Motors Co will not make any product commitments solely to achieve a deal with the United Auto Workers union in upcoming contract talks, the automaker's top labor executive said on Monday.
The politics of Washington no longer have the people's best interests at heart. It's time for a complete restart.
Amazon announced its lowest price ever for its Kindle 3G with Special Offers but it comes with a catch--you may be inundated with AT&T advertisements.
Amazon is dropping the price of its Kindle 3G through a partnership with AT&T. But buyers of the digital device will get built-in AT&T ads on their Kindle 3G.