auto sales

May Auto Sales Bolster U.S. Economy

Higher discounts at some automakers, rising pickup truck sales and increasing consumer confidence pushed up car sales in May, giving the overall economy a shot in the arm.

Dow Jones Closes Above 14,000 for First Time Since Oct. 2007

The Dow stock market index closed above 14,000 for the first time since before the financial crisis rocked the world economy. Propelled by strong auto sales and optimism about U.S. jobs, the Dow Jones industrial average crossed the line early Friday and continued flirting with the mark all day.

U.S. Retail Sales Rose 0.5 Percent in December

U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.

Chrysler Reports Best Sales Year Since Before the Great Recession

Chrysler's U.S. sales jumped 21 percent last year, the carmaker's strongest performance since 2007. The company's sales growth, which outpaced the U.S. auto industry overall, was a strong sign that Americans were feeling more confident about the economy last year.

Hurricane Sandy Boosts Car Sales in November

The auto industry wins the silver lining award from the affects of Hurricane Sandy: November car sales jumped 15 percent on strong demand from people replacing cars destroyed by the storm, Americans feeling more confident in the economy, and an easier access to credit.

What Obama's Second Term Will Mean for Your Personal Economy

Barack Obama has been re-elected as the president of the United States. A nail-bitingly close election, with the economy consistently being named as the top issue, has been decided. Here are a few things to keep in mind for the days to come.

Fed: Housing Lifts Growth in Most U.S. Regions

Stronger housing markets helped boost economic growth at the end of the summer in nearly every region of the United States, according to a Federal Reserve survey released Wednesday.

Automakers Look to Rev Up Sales Growth in Russia

Luxury cars to pamper your inner oligarch caught the eye as the Moscow motor show opened on Wednesday, but it is the Russian of more modest means who has the attention of the world's carmakers, keen to profit from one of Europe's few growing markets.

GM to Marketing Chief: "Surprise! You're Fired"

On Sunday, General Motors announced the sudden "resignation" of its high-profile marketing chief, Joel Ewanick, who oversaw its $4.5 billion advertising budget. So what led to the downfall of this major figure in GM's turnaround?