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...
Gas prices rise by 12% in 3 weeks
Gas prices rose overnight, with the national average up nearly 12% in less than three weeks, according to a daily survey. The national average price...
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...
Japan bears brunt of global economic crisis
Remember the early 1980s? The compact disc was brand new, the Walkman was still a novelty and Japanese carmakers were getting ready to conquer...
Italy moves to help auto sector
Italian Prime Minister Silvio Berlusconi announced new measures worth 2.0 billion euros (2.6 billion dollars) to boost the economy and help the auto industry...
Govt considers car trade scheme as sales slump
The government said Thursday it was considering an incentive for drivers to replace old polluting cars with new ones to help the beleaguered auto...
Recession helps cut auto deaths
Car crash fatalities fell in 40 states in '08, driven partly by people driving less because of the recession and seat belt use reaching...
Auto suppliers want US government bailout
Auto suppliers are preparing to head to Washington to ask for government help in surviving a deep slump in car sales that has slashed...
