Autos
| 11:31AM 11/02/2012
Following an investigation and audit brought on by a number of consumer complaints, the U.S. Environmental Protection Agency (EPA) has changed the estimated fuel economy ratings for the majority of 2012 and 2013 models offered by Hyundai Motor America and Kia Motors America. The two companies will...
| 6:57AM 11/02/2012
Automobile magazine has named its Car of the Year. Unfortunately, it has chosen a vehicle almost no one has bought or will buy, and the car's maker may not even survive the next year.
The Tesla Model S is an all-electric car that is faster than almost any other sports car on the road. It sells for...
| 9:28AM 11/01/2012
Ford Motor Co. (NYSE: F) is trying to signal that any future CEO and leadership change is going to go smoothly. Its star CEO, Alan Mulally, is now said to be staying on president and chief executive officer through at least 2014. This is longer than what the investment community was thinking, and...
| 9:24AM 11/01/2012
Little did sweater-clad Fiat CEO Sergio Marchionne know when he bought a controlling stake in troubled number three U.S. car maker Chrysler that he was hedging an unknown bet that Fiat would fall into disrepair under the weight of a terrible European car market. Now, Marchionne appears to be a...
By John Rosevear, The Motley Fool
| 3:29PM 10/31/2012
General Motors on Wednesday reported a third-quarter profit that exceeded analyst expectations by a wide margin. GM's profit was less than it turned in a year ago, with earnings hurt by ongoing losses in Europe. But elsewhere, its business is showing strong signs for the future.
| 8:00AM 10/31/2012
General Motors Co. (NYSE: GM) reported third-quarter 2012 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.89 on revenues of $37.6 billion. In the same period a year ago, the company reported EPS of $1.03 on revenues of $36.7 billion....
| 7:23AM 10/31/2012
Ford Motor Co. (NYSE: F) reported its third-quarter earnings on Tuesday while the markets were closed. The auto giant beat earnings expectations but this quarter was saved by North American business. Ford posted a record pretax operating profit of $2.2 billion, and its net income came in at $1.6...