Buffett snags 10 million shares of GM stock published on May 16th, 2012 at 03:27 PM Analysts and investors alike will be watching the ticker closely this week to see how the market responds to word that the “Oracle of Omaha” has grabbed 10 million shares of GM stock.
Sometimes you have to think small to grow bigger. Hoping to lock down its position as the U.S. luxury market leader, BMW is getting ready to introduce some of the smallest products it has ever sold here.
A new government study warns that as many as one in 20 crashes could be linked to tire-related problems, with underinflated tires posing an especially high risk of causing a problem.
Report: GM to drop all Facebook advertising published on May 15th, 2012 at 03:27 PM In what could speak to Facebook’s viability as advertising medium just days before what is shaping up as a possible record initial public offering, General Motors says it will drop all paid advertising on the site, the Wall Street Journal is reporting.
Feds look into report Hyundai air bag sliced ear published on May 14th, 2012 at 03:27 PM Federal safety regulators are investigating a complaint that a car owner's ear was cut in half when a side air bag inflated in a Hyundai Elantra.
One unfortunate byproduct of strong sales is automakers’ are able to rein in their incentive spending. According to Edmunds.com, incentives are at their lowest levels in nearly seven years
Shelby leaves behind smokin' legend of sports cars published on May 11th, 2012 at 03:27 PM So death finally overtook cantankerous ol’ Shel. It was a hell of a contest, begun in the 1950s, when Carroll Shelby, who went on to fame and fortune as a sports-car builder, had to take nitroglycerin tablets while driving race cars to keep his iffy heart pumping.
Carroll Shelby, the legendary car designer and champion auto racer who built the fabled Shelby Cobra sports car and injected testosterone into Ford's Mustang and Chrysler's Viper, has died. He was 89.
The cars Americans will not buy published on May 10th, 2012 at 03:27 PM April car sales data were not a cause for celebration. Though sales were up 2 percent overall from last April, they cooled somewhat since the February and March run.
Tesla Motors (TSLA) will start delivering its Model S sedan to customers next month, slightly earlier than the electric carmaker had previously projected and a sign of progress for Tesla's most crucial launch yet.
A Los Angeles County judge overturned a nearly $10,000 small-claims judgment against American Honda Motor Co. that was won by a car owner who said the automaker misrepresented the gas mileage of her hybrid Civic, according to a ruling released Wednesday.
Toyota Motor Co. wrapped up one of the worst fiscal year’s in the company’s history with an unexpectedly strong final quarter in which it saw earnings more than quadruple.
US traffic deaths at lowest level since 1949 published on May 8th, 2012 at 03:27 PM U.S. traffic fatalities continue to plunge, reaching their lowest level since 1949, well before the creation of the American interstate highway system.
There’s nothing worse than having to rough it on the road. But with the new eleMMent Palazzo, the days of suffering at a 5-star hotel are a thing of the past.