US auto sales appear to stabilize
Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed...
Webb suggests giving cash for buying a newer car
U.S. Sen. Jim Webb of Virginia wants the federal government to give motorists a financial reward if they trade in their old automobiles. Anyone trading...
US auto sales appear to stabilize in May
US auto sales appeared to stabilize in May, easing the path to recovery for a troubled industry wracked by bankruptcy filings at General Motors...
Execs urge “exit strategy” for auto takeovers
With bankruptcy and a government takeover looming for auto giant General Motors, three prominent US business leaders cautioned Sunday that the government should get...
FTC declares war on car warranty ‘robocalls’
The Federal Trade Commission is attempting to shut down three companies that the agency alleges have bombarded millions of consumers since 2007 with deceptive...
CarMax Urges Congress to Include Used Vehicles in Cash for Clunkers Legislation
CarMax, Inc., the nation’s largest retailer of used cars, is urging Congress to include used vehicles in the “Cash for Clunkers” legislative proposals. By...