Cars

Budget Battles

  • How Automakers Are Propping Up Used Car Prices

    By Nick Carey, Reuters

    Two lanes apart at a noisy, fast-paced auto auction near Detroit, two vehicles show why major U.S. automakers have a problem with used cars. In one lane of the Manheim auction facility, a black 2015...

  • FILE PHOTO -- A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney

    In the Electric Car Market, Tesla's Not The Only Game in Town

    By Nick Cunningham, Oilprice.com

    Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it...

  • FILE PHOTO: Volvo logo is seen at the 2017 New York International Auto Show in New York

    Here’s the Strategy Behind Volvo’s Big Move Into Electric Cars

    By Niklas Pollard, Reuters

    All Volvo car models launched after 2019 will be electric or hybrids, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion...

  • An overall view of the assembly line where the BMW X4 is made at the BMW manufacturing plant in Spartanburg, South Carolina March 28, 2014. REUTERS/Chris Keane

    Bad News for Automakers: The Average US Household Can't Afford a New Car

    By Sarah O'Brien, CNBC

    As wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25...

  • Assembly workers work on the underside of 2015 Ford Mustang vehicles on the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, August 20, 2015. REUTERS/Rebecca Cook

    Why Your Next Ford Could Be Made in China

    By Paul Lienert and David Shepardson, Reuters

    Ford Motor Co ( F.N ) said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China...

  • 11 Companies That Won 2013

    By Yuval Rosenberg

    It’s been a banner year for American businesses and their shareholders, but these 11 stood out as clear winners.

  • Automakers Look to End 2013 with a Bang

    By Joseph Szczesny, CNBC

    With millions of dollars' worth of television commercials airing this month - and millions more in incentive money on the table - automakers are expected to end the year with a bang. Total vehicle...

  • Can Mary Barra Make GM the No.1 Global Car Company?

    By Phil LeBeau, CNBC

    Mary Barra, the incoming CEO of General Motors , is trying to pull off one of the trickier moves in the business world. No, it's not becoming the first woman to lead a major automaker - that...

  • Model starting MSRP: $32,000 <br />Specifications: 1.8-liter four-cylinder engine with automatic continuously variable transmission and lithium-ion battery <br />Gas Mileage: 51 mpg city/49 mpg highway <br />Green Score: 55<br />

    Why You Can Get a Great Deal on a New Car Right Now

    By John Schoen, CNBC

    Despite a burst of sales last month, car showrooms and back lots have been filling up faster than salespeople can close deals. That could be a problem for manufacturers and sellers if it continues,...

  • Auto Industry Bailout an Impressive Success: Report

    By BEN KLAYMAN, Reuters

    The federal bailout of General Motors Co (NYSE: GM), Chrysler and parts suppliers in 2009 saved 1.5 million U.S. jobs and preserved $105.3 billion in personal and social insurance tax collections,...