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Auto Industry

Auto Sales Rose To The Highest Level Since April

Posted 11.30.2011 | Business

September U.S. auto sales are seen rising to their highest since April when the earthquake in Japan began to impact inventory and demand, but a we...

Reinvigorating Transportation in the Third Industrial Revolution

J. Byron McCormick | Posted 11.26.2011 | Business
J. Byron McCormick

Hydrogen fuel cell vehicles are coming, and they will be in the market on or by 2015. This is a crucial element of the Third Industrial Revolution.

Toyota Mulls Shifting Korea-Bound Camry Production To U.S.

Posted 11.26.2011 | Business

TOKYO, Sept 26 (Reuters) - Toyota Motor Corp is considering shifting production of South Korea-bound Camry autos to the United States from Japan t...

BMW: Changing the Game in the Auto Industry

Posted 11.23.2011 | Green

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Report: America's Richest Union Living Beyond Its Means

Posted 11.22.2011 | Business

DETROIT (Reuters) - Bob King, the president of the United Auto Workers, has a problem: the labor union that credits itself with creating the Ameri...

Tyler Kingkade

U.S. Chamber Joins Liberal Groups Against GOP Loan Cuts | Tyler Kingkade | Posted 11.22.2011 | Politics

WASHINGTON -- The U.S. Chamber of Commerce finds itself on the same side as environmental groups and labor unions on a budget cut that House Republica...

GE, GM Push Electric Vehicle Infrastructure For China

AP | Posted 11.22.2011 | Green

SHANGHAI -- General Electric and General Motors Co. agreed Thursday on a pilot installation of electric vehicle charging stations in Shanghai, the lat...

It Is Time to Get It Right

Ed Lawler | Posted 11.21.2011 | Business
Ed Lawler

It truly is a national tragedy that the auto industry did not develop a mutually beneficial labor management relationship decades ago. Let's hope they get it right this time.

Lila Shapiro

For Some Labor Advocates, GM Labor Deal Falls Short | Lila Shapiro | Posted 11.21.2011 | Business

After weeks of negotiations between auto workers and General Motors over a new four-year contract, the union announced Tuesday that the company plans ...

GM CEO 'Clearly' Concerned About Possibility Of U.S. Recession

Posted 11.21.2011 | Business

(Kazunori Takada) - Pent-up car demand in the United States and slowing, but still growing sales in China, should soften concerns about the abilit...

Tyler Kingkade

Democrats Strike Back At GOP For Trying To Cut Department Of Energy Loan Program | Tyler Kingkade | Posted 11.20.2011 | Politics

WASHINGTON -- Democratic leaders on Tuesday struck back against House Republicans' efforts to make cuts to a Department of Energy loan program in exch...

With New Contract, General Motors Employees Get Better Profit-Sharing Checks

AP | By The Associated Press | Posted 11.18.2011 | Business

-- GM CONTRACT: General Motors Co.'s 48,500 workers will get $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a...

Tyler Kingkade

House GOP Seeks Cuts To Auto Industry To Pay For Disaster Relief Funds | Tyler Kingkade | Posted 11.15.2011 | Politics

WASHINGTON -- House Republicans rolled out their plan to fund disaster relief in Majority Leader Eric Cantor's (R-Va.) district, but at the cost of al...

Lila Shapiro

UAW Divided As Workers Seek Payback | Lila Shapiro | Posted 10.25.2011 | Business

LORDSTOWN, Ohio -- On a recent rainy morning, community leaders gathered under umbrellas in front of the local General Motors plant to commemorate a r...

Obama Talks With Warren Buffett, Ford CEO In Preparation For Jobs Speech

The Huffington Post | Alexander Eichler | Posted 10.24.2011 | Business

In preparation for a major jobs address to be delivered after Labor Day, President Obama spoke on the phone with Warren Buffett, the CEO of Berkshire ...

Dealers Worry That Slow Economy Could Hurt Auto Sales

AP | TOM KRISHER | Posted 10.18.2011 | Business

STERLING HEIGHTS, Mich. — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy. So Swanson, 25, ...

Jennifer Bendery

Ron Bloom, Obama's Former 'Car Czar,' Leaving White House | Jennifer Bendery | Posted 10.09.2011 | Politics

WASHINGTON -- Ron Bloom, the president's former "car czar" who helped orchestrate the multibillion-dollar U.S. auto manufacturer bailout, is leaving h...

General Motors' Profit Nearly Doubles

Posted 10.04.2011 | Business

DETROIT - General Motors Co's quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales global...

Alex Wagner

Will The Auto Industry Lead the Recovery? | Alex Wagner | Posted 10.02.2011 | Business

As the country continues to face high unemployment and slow economic growth, a new report suggests that America's best hope for job creation may lie w...

Honda Lifts Profits With Speedy Earthquake Recovery

Posted 10.01.2011 | Business

(Chang-Ran Kim) - Honda Motor Co reported an unexpected quarterly profit and raised its annual outlook by more than a third, as Japan's No.3 autom...

Hiring By The Auto Industry Might Drive U.S. Recovery: Survey

Posted 10.01.2011 | Business

(Clare Baldwin) - The auto industry could lead an economic recovery in the United States, according to a recent survey by audit, tax and advisory ...

Gas Mileage Gains Move the Country Forward

Peter Lehner | Posted 09.30.2011 | Green
Peter Lehner

By 2025, new cars and light trucks will go about twice as far on a gallon of gas, compared with today's vehicles. The difference will save Americans $80 billion a year at the pump and reduce our oil use by 3.1 million barrels per day by 2030.

Ford Lifts Profits With Higher Prices, Improves Sales

Posted 09.25.2011 | Business

(Bernie Woodall) - Ford Motor Co's quarterly profit beat Wall Street expectations helped by higher prices and improved sales in North America. ...

Auto Union Wants Bigger Cut Of Detroit Success

AP | Dee-Ann Durbin and Tom Krisher | Posted 09.24.2011 | Business

AUBURN HILLS, Mich. (AP) -- To help American carmakers stay in business, autoworkers grudgingly gave up pay raises and some benefits four years ago. ...

Chrysler Suspends Workers For Drinking, Smoking Marijuana Before Shift

Posted 09.18.2011 | Business

DETROIT (AP) — Chrysler Group LLC said Tuesday it has suspended nine workers without pay after a Detroit television station aired footage of them al...