big three

Just What Detroit's Revival Doesn't Need Now

As it did in the summer of 2008, when prices at the pump soared above $4 a gallon, big price jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chrysler, which is still catching up.

GM Withdraws $14 Billion Federal Loan Application

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.

No Longer the 'Big Three,' but They've Stopped Shrinking

With U.S. automotive dominance waning, a new moniker has emerged: the "Detroit Three." But don't count out Ford, GM or Chrysler -- their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can be profitable selling fewer cars.

Trucks and SUVs Should Fuel November Auto Sales

Rising confidence among U.S. consumers is expected to translate into healthier numbers for the nation's automakers when they report November sales figures Wednesday. Domestic automakers fared better than their foreign counterparts as sales rebounded further from last year's anemic levels, according to analysts.

Ford, GM Sales Surge in January as Toyota Tumbles

Ford Motor and General Motors, the two largest U.S. auto makers, reported higher sales in January, as consumers steered cleared of the showrooms of the companies' nearest Japanese competitor, Toyota Motor, which is mired in massive recall involving millions of vehicles.

GM bankruptcy looks more likely

The bankruptcy of General Motors Corp. (GM) is almost as inevitable as the sun rising or the New York Mets collapsing in September.

GM is going...

Where's MY bailout?

I've been against the whole concept of "government bailouts" of private businesses from the start. The theory was that we, as consumers, needed the...