GM Gets First $4 Billion, Chrysler Not So Much [Carpocalypse Now]

GM gets first $4 billion. Chrysler? Still waiting. [CNNMoney]

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Hamilton victorious in British Grand Prix besides bad weather

Lewis Hamilton raked in his third victory of the season as the 23-year-old F1 driver pushed his McLaren-Mercedes to first place at the British Grand Prix at the Silverstone Circuit this past Sunday....

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BMW Museum opens for business

BMW CEO Norbert Reithofer opened the BMW Museum today in an official opening ceremony highlighting the importance of tradition for the company. “Awareness of our heritage, the experiences and...

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VW denies reports of pulling sixth-generation Golf from U.S.

The European press has been reporting that Volkswagen has decided to pull the Golf, known as the Rabbit on the stateside, from the U.S. market due to unfavorable exchange rates. Denying those reports...

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NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement [Earnings]

General Motors has halted trading in advance of the big third-quarter announcement we've been waiting for. This isn't catastrophic news, but it underlines the fact that the announcement (which was supposed to made a few minutes ago) is going to be bad. Really bad. It's raining in Detroit right now and CNBC's Phil LeBeau is sitting on the phone waiting for his producer to give him the numbers so that he can report them to the world. It's a rather fitting scene. Expect a quick update as soon as we hear the news.

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Nissan bullish on electric segment, plans range of electric-cars

Nissan’s CEO Carlos Ghosn is planning an onslaught for the electric vehicle market and sees a potential for 10 million global electric car sales per year in cities such as New York, Washington,...

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Lutz: Buick Invicta provides strong hint at next-generation LaCrosse

Unveiled at the Beijing Motor Show last month, the Buick Invicta, according to Bob Lutz, gives us a strong hint at what the next-generation Buck LaCrosse will look like. Writing at GM’s...

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Bose offering full-feautred car media system with navigation

Bose has been providing high-end quality speakers for the automotive industry since the 1983 Cadillac Seville. Bose is now moving into a new market with a system that provides a full sound system,...

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