Treasury to Begin Selling Remaining GM Stake
Treasury will begin another round of sales for General Motor stock acquired during the government's bailout of the auto sector.
Ford Boosts North American Production to Meet Demand
The U.S. automaker expects to increase its North American manufacturing capacity by 200,000 vehicles in 2013 to keep up with demand.
Midwest Gas Prices Swell Ahead of Memorial Day
Some drivers hitting the road this weekend for Memorial Day will notice higher gas prices compared to last year’s holiday, with the cost of making a trip to the pump showing sizable increases in the Midwest.
Chevy Sparks Price War With New Electric Car
The automaker revealed that its newest electric vehicle, the Chevrolet Spark, will cost 38% less than the larger Volt hybrid, beating most of its competitors on price.
Boeing Plans to Return 80% of Free Cash to Shareholders
Speaking at an investor conference, Boeing's CFO said the cash deployment move won't reduce its cash balance of about $11 billion.
Report: Ford to Close Australia Plant
Ford Motor Co is set to announce it is closing its two Australian auto plants and will cease production in the country by 2016, a local media reported on Thursday.
Berkshire's Munger says takeover prices too high
Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have made attractive targets scarce now, its vice chairman said on Friday.
Tesla Unveils Stock Offering, Shares Add to Gains
The maker of electric cars plans to pay off a loan from the Department of Energy with the proceeds from an offering of common stock and convertible senior notes.
Boeing, Turkish Air Ink $7B 737 Deal for 70 Aircraft
Boeing struck a close to $7 billion airplane deal with Turkish Airlines on Tuesday for a slew of aircraft from its family of 737s.
United Continental to Reintroduce 787 Flights on May 20
United Continental is preparing to reintroduce the 787 as early as May 20 as Boeing works to convert the airline’s six Dreamliners to meet new standards.
Chrysler to Recall 301K Jeep and Ram Vehicles
Chrysler said it will recall 301,283 vehicles to address several issues, including a problem that could cause some to shift into neutral.
Tesla Shares Race Higher as Model S Gains Steam
Shares of the electric car maker were racing nearly 30% higher after a first-quarter earnings report revealed increased production of its flagship Model S.
Ford’s China Sales Jump 37% in April
The U.S. automaker recorded a 37% sales increase in China last month, led by demand for the Ford Focus and new Kuga models.
Airlines May Soon Seek Compensation from Boeing for 787 Mishap
Ethiopian Airlines will seek compensation from Boeing for the 787 battery blunder that left 50 Dreamliners on the ground for several months and stunted deliveries.
Boeing Loses 5 747 Orders, Gains 777 Order, in Latest Week
The company reported it lost five orders for its 747 jumbo jet and gained one order for its 777 wide-body plane in the latest week.
Ford Hiring 900 Workers to Boost Production of F-150 Trucks
The automaker is adding a third shift to its Kansas City assembly plant to increase production of F-150 pickup trucks as demand for the vehicles rises.
Pickup Truck Sales Fuel April Gains for U.S. Car Makers
The three big U.S. automakers posted better-than-expected sales as consumers snapped up pickup trucks and compact sport-utility vehicles.
Ford Sales Up 18%, Bolstered by Fusion, Escape Transactions
The automaker reported its new-vehicle sales increased 18% in April as demand for its fuel-efficient Fusion and Escape continued to rise.
Chrysler U.S. Auto Sales Rise 11% in April
Strong demand for Ram pickup trucks pushed sales up for the automaker to 156,698 vehicles, slightly beating expectations.
GM's Launch of Redesigned Full-Size Pickups on Course
An executive at the company said its plans to launch redesigned full-size pickup trucks, which is critical to improving profitability, remains on track.
















