The economy may be less robust than most Americans would like, but that didn’t stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the yea…
Fiat CEO Sergio Marchionne said Monday that he could increase Fiat’s ownership in Chrysler to more than 50% should America’s smallest domestic automaker seek to return to the stock market this year, but that he doesn’t plan to …
Chrysler Group is recalling more than 144,000 Dodge and Ram vehicles in three separate actions, and Ford Motor is recalling about 15,000 trucks and sport-utility vehicles that may catch fire. These actions add to what’s been a …
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…