It’s still hard to diagnose how the overall economy will fare in 2011. But the signs for at least one area all seem to be pointing up: car sales. Analysts predict the number of vehicles sold next year will rise 10% to 23% above…
Steven Rattner has reached an agreement with New York Attorney General Andrew Cuomo to settle allegations that the former “car czar” paid a state official to steer state pension-fund business to Rattner’s Manhattan-based privat…
2010 may be the year of the car recall, with the U.S.’s six-largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors…
GM’s stock price rose as much as 2.5% in trading Tuesday after several brokerage houses began coverage of the stock, with several issuing upbeat initial ratings and hefty price targets. GM still faces a hard road forward, but W…
The federal government is investigating whether some 384,000 Saturn Ion compact cars should have been included in a recall earlier this year. The recall was for more than one million General Motors models to repair power steeri…