Ally Financial Dips in NYSE Debut
Ally Financial, one of the nation’s largest auto lenders, fell slightly in its public debut after wrapping up the largest U.S. initial public offering so far this year.
Report: GM Selling Ally Stake for $900M
General Motors plans to sell its remaining 9.9% stake in Ally Financial. Meanwhile, shares climbed on an upbeat report from Hayman Capital.
US-Cuba diplomatic thaw could open market for hotels, department stores, even burger joints
Freighters once carried Cuban nickel and limestone to the port of New Orleans and North Dakota beans to Havana.
US factory output rose 0.8 percent in July as car-marker productivity accelerated
Auto plants, clothing makers and plastics factories drove a sharp rebound in manufacturing in July.
US manufacturing output fell 0.2 pct. in May; drop in refining activity clouds autos strength
A decline in refining oil caused U.S. factory output to slip in May, overshadowing solid gains by automakers.
SUVs, Presidents Day Deals Power February Auto Sales
Presidents Day deals and unrelenting demand for sport-utility vehicles powered February auto sales, including double-digit gains for Ford and Fiat Chrysler.
Blizzard, Calendar Quirk Lead to Mixed January Sales for Detroit Automakers
Winter weather and a calendar quirk led to mixed results for U.S. auto sales in January, although trucks and SUVs remained hot sellers across the board.
Not just Volkswagen: 5 other scandals in the auto industry
With Volkswagen's admission that 11 million of its diesel vehicles worldwide contain software that can rig emissions tests, the German automaker joins a list of auto industry scandals that spans several decades.
The Latest: VW CEO again apologizes as emissions scandal goes global, grows to 11 million cars
The latest developments in the scandal enveloping Volkswagen over the company's admission that it rigged emissions tests for diesel-powered cars.
Hearings on VW emissions scandal planned in Tennessee, home of automaker's lone US plant
Lawmakers in Tennessee plan hearings over whether the Volkswagen emissions scandal could imperil the nearly $900 million in state and local incentives that have been directed toward the German automaker's lone U.S. plant in Chattanooga.
Subaru plans $140M expansion to boost production at Indiana factory, add 1,200 jobs
Subaru says it plans to spend $140 million on expanding an Indiana factory where it expects to add some 1,200 jobs in the next two years.
VW chief says he is "deeply sorry" after EPA accuses firm of violating US clean air standards
The CEO of Volkswagen apologized Sunday after the Environmental Protection Agency said the German automaker skirted clean air rules by rigging emissions tests for about 500,000 diesel cars.
US transportation board to probe some limousine crashes in wake of fatal wreck that killed 4
The National Transportation Safety Board has agreed to investigate some limousine accidents, something it has rarely done in the past.
Toyota recalls about 421,000 RAV4 vehicles due to potential for corrosion in windshield wipers
Toyota is recalling about 421,000 RAV4 vehicles because of potential corrosion in their windshield wipers could make them inoperable.
General Motors to pay $575M to settle lawsuits filed over faulty ignition switches
General Motors says it will pay $575 million to settle civil lawsuits filed over faulty small-car ignition switches.
Government closes investigation into Ford power steering failures after recall
The U.S. government has closed an investigation into power steering failures in Ford vehicles after Ford Motor Co. conducted a recall.
Fiat Chrysler recalling 27,520 Dodge Darts that can shift into neutral while driving
Fiat Chrysler is recalling 27,520 Dodge Darts worldwide because the small cars' transmissions can unexpectedly shift into neutral.
Fiat Chrysler recalling 1.7M trucks to fix problems with welds, driver's and side air bags
Fiat Chrysler is recalling more than 1.7 million trucks to fix problems with air bags and welds in the steering system.
US safety agency to hold public meeting as it steps toward taking control of Takata recalls
U.S. auto safety regulators are holding a public meeting next month as they move toward taking control of the massive Takata air bag recall.
General Motors recalls Cadillac ATS; rear defroster control can overheat and catch fire
General Motors is recalling about 121,000 Cadillacs because the rear window defroster control can overheat and catch fire.




