auto sector

GM reported Wednesday that sales fell 25% year-over-year in August as the recovery appeared to stall and cautious consumers held back on buying cars. But despite the downturn, GM officials said they remain upbeat that the hard-hit auto industry will continue to improve in the months ahead.

U.S. industrial production rose 0.5 percent in July -- its first increase since October 2008 -- the U.S. Federal Reserve announced Friday, boosted higher by a revived auto sector. This was only the second increase in output since the recession started in December 2007. However, output is still...

If optimism and the ability to acknowledge problems on the way to dealing with them are any indicators, U.S. stock markets should open higher Wednesday and remain higher throughout the day, on the strength of President Obama's first address to a joint session of Congress. Obama laid out an...