car

Fiat Soon to Buy All of Chrysler?

Shares in Fiat rose more than 5 percent after its top management pulled out of the Frankfurt car show, fueling speculation it may be close to deal to acquire all of Chrysler.

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.

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.