kia

Automakers Report Higher Sales in May

Ford, GM and most other carmakers reported double-digit sales gains in May, as consumers responded to signs of an economic recovery and strong manufacturer incentives. Toyota was the notable exception, recording a much smaller gain as it struggles with its recall woes.

Hamsters That Sell: Kia Wins Auto Ad of the Year

Evidently, hamsters are good for sales, or at least for getting viewers to remember your product. The Kia Motors ad for its Soul wagon created by ad agency David&Goliath features dozens of them. The streets of a generic city are littered with hamsters that are stuck spinning on their creaky hamster wheels while hip hamsters zoom past in their bright red Soul. The ad was so effective in grabbing viewers' attention that it was awarded Automotive Ad of the Year at the Nielsen Automotive Advertising Awards on Wednesday.

For Automakers, 2010 Marks the Road to Recovery

After a disastrous 2009, the auto industry is counting on a return to relatively better days in 2010. Automakers saw sales plummet by a third last year to a little over 10 million. Now, a projected bump back up to 11.8 million is looking pretty good.

Stocks in the News: Kraft, Apple, Ford

Kraft Foods boosted its offer for British candy maker Cadbury following Monday's announced $3.7 billion sale of Kraft's pizza business to Nestlé. But it remains to be seen whether Cadbury will bite on the sweetened offer. See what other news could affect stock prices today.

Who might buy Saturn?

Saturn is to be closed now that Penske (PAG) has decided against buying the brand from GM. Or is GM being coy? There are several car companies that...