A surprising sales gain by General Motors Co and strong performances by Ford Motor Co and others helped put U.S. February auto sales on track for their highest annual sales rate in nearly four years.
Intel (Nasdaq: INTC), the world’s biggest chipmaker, put $100 million into a venture capital fund intended to make cars smarter.
New car sales grew at a better than expected pace, continuing automakers' steady revival in 2011 and the early months of 2012 and forcing many analysts to revise year-long sales forecasts above a benchmark 14 million mark.
Futures on major U.S. stock indices point to a higher opening Thursday ahead of a wave of economic data including ISM manufacturing index and key weekly jobless claims.
U.S. auto sales for February are expected to post a modest rise from year-earlier levels, as the industry continues its gradual recovery thanks to a rise in consumer confidence and the need to replace aging cars and trucks.
Toyota Motor Corp. (NSYE: TM) announced Wednesday it will increase the output of its Thai engine-building subsidiary Siam Toyota Manufacturing Co. in 2014, in an effort to meet growing demand in Asia.
John Mayer is back in the spotlight once again!
Automakers will report nearly 1.09 million new cars in February on Thursday, according to two industry forecasts, continuing the ongoing revival of the industry as sales jumped nearly 6 percent from February 2011 and an eye-popping 20 percent from January. That would equal a seasonally adjusted annual rate (SAAR) above 14 million units -- the highest level since early 2008.
Japan's Nikkei average
retreated from a seven-month high Tuesday as traders
took profits ahead of a key selling level, while the chip sector
suffered losses after Elpida Memory Inc said it will
seek bankruptcy protection.
For the first time ever, the Daytona 500 2012 had to be postponed. Severe rainfall caused the anticipated start time to get pushed further and further back. Eventually, NASCAR officials concluded that the track was too slippery and the rain to heavy and chose to postpone the event to Monday.
The Daytona 500 is regarded as the most important race on the NASCAR calendar. So don't miss a second of the pinnacle of the Sprint Cup Series from start to finish. Check out the starting line up for Sunday's race.
Japan's Nikkei share average extended its rally and rose to a 6-1/2-month high on Friday above 9,600, heading for its best February performance in two decades.
Varinder Chahal, 23, has been charged with drinking under the influence (DUI), refusal to submit to a blood or breathalyzer test and felony manslaughter in a car accident in Richmond that killed Virginia Commonwealth University student Carolina Perez and left two other VCU students injured. According to Virginia law, Chahal could get over twenty years in prison for the crash.
Swedish electropop sensation Robyn, who previously toured with Katy Party, has announced that she'll be playing at a dozen venues across the U.S. this summer with Coldplay.
On Monday oil prices hit a nine-month high after Iran stopped exports to Britain and France. The new fear is that higher gas prices will be seen shortly. According to CNN, gas prices are already up nealy 9 percent from the start of the year. With gas prices already high and expected to explode even more, now is a better time than ever to take a look at fuel efficient cars. Car manufacturers like Honda and Toyota are advancing the mileage on their hybrid and electric vehicles. The gas pri...
For those purchasing a new car and looking to save on gasoline prices, here is a list of the top 15 fuel efficient cars out on the market, according to ConsumerReports.org.
Ally Financial is weighing a sale of all or part of its auto lending and banking businesses, as an initial public offering looks increasingly remote and the U.S. government seeks to recoup some $17 billion in bailout money, sources familiar with the situation said.
Mad Men's Jon Hamm owns four eagles. That's how the Jon Hamm profile in the March 2012 issue of Esquire begins. It specifies that he owns four species: golden, tawny, Spanish Imperial and short-toed snake.
The Dave Matthews Band 2012 Summer Tour begins on May 18 at Cynthia Woods Mitchell Pavilion in Woodlands, Texas, and ends on Sept. 9 at the Shoreline Amphitheatre in Mountain View, CA. The full schedule is below.
Consumer advocates released their fourth annual ranking of car interiors that included over 200 vehicles produced in 2011-12gave the Civic top pick while both Outlander and the Chrysler 200 SC ranked the worst in interior pollution.
Officials announced in a one-sentence statement that the Irwindale Speedway will be closed down and the 2012 has been cancelled.
Tesla Motors Inc on Thursday showed off a prototype of its Model X, a battery-powered SUV that represents the company's bet that consumers will buy a range of electric vehicles spun from a common platform.
