A software glitch in certain Buick Lacrosse sedans and Cadillac SRX crossovers could decrease a driver’s visibility in fog or ice, prompting GM to recall 10,000 of the vehicles.
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Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company’s stunning turnaround, which resulted in the automaker raking in $…
Last week’s fire at auto parts supplier Magna International continues to echo through General Motors’ supply chain. The automaker shut down the Lordstown plant where it makes the Chevy Cruze for another day Monday. Five other G…
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the “cash f…