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Volkswagen pulling plug on the Beetle next year

U.S. News // 5 days ago

Volkswagen pulling plug on the Beetle next year

Volkswagen is ending production of its iconic Beetle, the German automaker said.

Auto leaders urge Commerce Dept. to back off tariffs

U.S. News // 1 month ago

Auto leaders urge Commerce Dept. to back off tariffs

Industry leaders, labor union officials and foreign diplomats had a unified message at a Commerce Department hearing on tariffs on auto imports: Don't do it.

March U.S. sales boost signals more optimism

U.S. News // 5 months ago

March U.S. sales boost signals more optimism

U.S. retail sales increased more than a half-percent last month, U.S. officials said Monday -- more than expected, and a sign of greater consumer confidence.

U.S. automakers beat December expectations, may set new yearly sales record

Business News // 1 year ago

U.S. automakers beat December expectations, may set new yearly sales record

American automakers performed better than expected in December, putting the industry on track to achieve a new record sales mark for 2016.

Surprisingly good July jobs report fuels Nasdaq, S&P 500 into record territory

Business News // 2 years ago

Surprisingly good July jobs report fuels Nasdaq, S&P 500 into record territory

A better-than-expected jobs report for July from the U.S. Department of Labor on Friday sent two U.S. stock indices into record territory on Wall Street.

U.S. auto sales slowed in July as top 3 automakers saw declines, figures show

Business News // 2 years ago

U.S. auto sales slowed in July as top 3 automakers saw declines, figures show

The substantial growth that lasted for six years in the resurgent U.S. automobile industry might finally be leveling off, according to sales figures for July.

Police: Man stole BMW after trying to buy it with food stamp benefits

Odd News // 2 years ago

Police: Man stole BMW after trying to buy it with food stamp benefits

Authorities in Florida said they arrested a man accused of stealing a BMW and 60 sets of car keys one day after he tried to purchase the car with food stamps.

Obama champions resurgent auto industry at flagship Detroit auto show; Eyeing new 2017 model

U.S. News // 2 years ago

Obama champions resurgent auto industry at flagship Detroit auto show; Eyeing new 2017 model

At the Detroit Auto Show Wednesday, Obama got a close look at the industry's latest designs and technology -- and hailed its rebound from the 2009 crisis.

Low oil price era influencing vehicle markets

Energy News // 3 years ago

Low oil price era influencing vehicle markets

Chinese and European companies are advancing green vehicle technology amid signs of modest momentum in retail sales in a low oil price era.

Business News // 4 years ago

Auto sales grow 11% in July, Chrysler sales surge 20%

Auto sales in July surged on account of attractive discounts offered by car makers, marking a comeback for the industry dealing with safety-related recalls.

Business News // 4 years ago

GM profits down 80 percent, due to recall costs

General Motors' profits were down 80 percent on account of expenses related to vehicle recalls and money set aside for compensation to victims' families.

Business News // 4 years ago

U.S. jobless claims drop further, reach eight-year low

The number of Americans filing for unemployment benefits fell sharply, reaching an eight-year low, as the labor market bounces back to pre-recession levels.

Outside View // 4 years ago

U.S. Economy Poised for Stronger Growth

GDP growth should average about 3 percent through the end of 2015. Change in U.S. trade and energy policy could boost growth to levels seen in the Reagan years.

Business News // 4 years ago

May retail sales miss expectations, signal slow recovery

Retail sales in the U.S. grew modestly in May, falling below analysts' expectations and signaling a slow recovery in the economy.

Business News // 4 years ago

Retail sales increase 1.1 percent in March for biggest surge since 2012

Americans upped their spending in March, as retail sales for the month increased by 1.1 percent, helping the economy recover from a dull start to the year.

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