Best Investments for 2013
Ford said February sales picked up as the month progressed, while GM's February sales decline of 1% was far better than expected. Auto investors applauded both performances.
When the winter air warms and all of that snow turns to rain, it helps to transfer power from slippery wheels to grippy ones. Here are the most affordable ways to keep traction.
BlackBerry shares are rising Monday after reports surfaced that the Ontario-based company will take over Ford's disappointing Sync voice-activated system.
A car doesn't have to be famous or particularly well-liked to be iconic, it just has to be tough to drive out of drivers' memories. The Prius and Hummer fall on opposite ends of that spectrum.
Sometimes in all the chatter about the decline of the city of Detroit and the decline of commercial aviation's Midwest hubs, the story of Detroit Metro Airport gets lost.
GM reported weak sales in December and January, missed fourth-quarter estimates, drew reduced future estimates, has big inventories and has raised incentives. None of these are good signs.
GM earns 67 cents a share excluding items in the fourth quarter, while analysts had estimated 87 cents.
The stock market's slide Monday was partially attributed to weak January auto sales. But that weakness reflected harsh winter weather, which theoretically will end.
Chrysler beats the industry's January sales trend and scores with a Super Bowl commercial: Ford says it lost sales due to bad weather, but can make them up.
Chrysler reports an 8% sales gains for January, a month when auto sales are expected to be flat.
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