Toyota's Comeback Gains Momentum
Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
Subaru said Wednesday it is investing $400 million to expand its Indiana factory and will add 900 workers to build the Impreza small car there in 2016.
General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
General Motors plans to invest $332 million into four factories in three Great Lakes states to build new, more efficient engines and transmissions.
"Rags to riches" tales are a dime a dozen in America, but we were genuinely surprised when Jim Cramer opened up about his brush with homelessness Tuesday. The former hedge fund manager and controversial CNBC host had just graduated from out of Harvard Law when he hit rock bottom.
While car buyers have been able to comparison shop online for years, drivers who want to lease their cars mainly have had to do their own legwork -- until now. LeaseTrader.com this week launched a new service to help them comparison shop for leases.
City dwellers know that finding an affordable downtown parking spot involves cutthroat competition. And in some urban centers, even the winners pay through the nose for a place to stash their cars. Find out where the rates are worst (and the high price we all pay for "free" parking.)
Toyota's recent recall woes may have pushed its U.S. sales lower during the past year, but they haven't stopped one popular model from setting a new milestone: The fuel-efficient Toyota Prius hybrid recently surpassed 1 million sales in the U.S.
If you're driving less in this time of high gas prices, you might be eligible to pay less for auto insurance with a new crop of pay-as-you-go plans. But these per-mile policies come with some drawbacks as well, and certain habits -- like driving late at night -- could disqualify you.
When Ford awarded CEO Alan Mulally more than $50 million in compensation for 2010's record profit it raised eyebrows around Detroit. Now, the UAW is using that big payday as a rallying point for members as it starts negotiations to regain some of what autoworkers gave up in concessions during the downturn.










