- Romney vs. Obama on Auto Bailout: Will Govt.'s $2.43B Loss on GM Stock Matter?
February 21 2012 4:14 PM
The four words that envelop the headline nag along behind Mitt Romney wherever he campaigns on stops in Michigan. Let Detroit Go Bankrupt. These were the four words that served as the theme and message of an opinion-editorial Romney penned more than three years ago for The New York Times. It came in the midst of bipartisan bailouts to the swooning auto industry, in a time of debate over how to save what was once Michigan's most prestigious industry in its most prestigious city.
- Presidents and Cadillacs: On President's Day, The Tradition of the State Car [PHOTOS]
February 20 2012 2:59 PM
Back to the administration of Woodrow Wilson and today with the administration of Barack Obama, the General Motors Co. Cadillac has always been a staple of iconic presidential images and moments -- along with Ford Motor Co.'s Lincoln brand.
- Jeremy Lin Resolves Time Warner, MSG Network Dispute
February 17 2012 3:39 PM
Jeremy Lin and the New York Knicks will return shortly to the MSG Network, as the dispute between Madison Square Garden Co.'s MSG Network and Time Warner Cable has been resolved.
- MSG-Time Warner Dispute: Jeremy Lin Drives Ratings to 'Linsane' Highs, but no Signs of Deal
February 16 2012 5:49 PM
Jeremy Lin continues to drive ratings of Madison Square Garden Co.'s MSG Network to Linsane new heights, as the network reached another season-high watermark in Wednesday night's New York Knicks victory over the Sacramento Kings.
- Distracted Driving: The Dept. of Transportation's Attempt to Curb a 'Dangerous and Deadly Habit'
February 16 2012 4:00 PM
The United States Department of Transportation on Thursday released the first potential federal guidelines that entice automakers to reduce potential distractions for drivers in cars. U.S. Transportation Secretary Ray LaHood said the voluntary guidelines would be enforced in areas of in-car electronics, entertainment communications and navigation systems that are not necessary for a vehicle's operation.
- GM Posts Record Profit, Two Years After Bankruptcy and Near Collapse
February 16 2012 10:57 AM
General Motors Co. posted a record profit in 2011, adding to the dramatic turnaround for 103-year-old United States automaker just two years after filing for bankruptcy and nearly collapsing. The news sent stock of the company up more than 6 percent to $26.50 at midday.
- Did Cadillac's Battery Starter Kill the Electric Car 100 Years Ago?
February 15 2012 6:33 PM
Cadillac and General Motors Co. celebrated the centennial anniversary of the electric car starter, which debuted in the 1912 Cadillac Touring and allowed drivers to start their cars with the turn of a key or push of a button.
- GM Changes Pension Plans, Freezes Employee Salaries Ahead of Earnings Report
February 15 2012 3:07 PM
General Motors Co. said Wednesday that it will eliminate traditional pensions and freeze salaries for its salaries employees in the United States. But the automaker will attempt to soften the changes by offering salaried employees an extra week of vacation and a chance at larger bonuses.
- Romney Auto Bailout Op-Ed Draws Fiery Criticism from Democrats, UAW
February 15 2012 11:47 AM
Mitt Romney went on the offensive Tuesday on one of Michigan's biggest industries, the automotive industry, lambasting the bailouts to General Motors Co. and Chrysler Group LLC from President Barack Obama and proclaiming himself a son of Detroit.
- Will 'Linsanity' Cure the Insanity of the Time Warner-MSG Spat?
February 14 2012 5:36 PM
Jeremy Lin captivated the national audience that tuned into his show last Friday on ESPN. Linsanity was on full display. Lin, the New York Knicks point guard making waves over the last five games, scored 38 points, outdueling the Los Angeles Lakers star Kobe Bryant in the process and cementing his buzz in New York and around the country.
- GM Earnings Preview: Record Annual Profit, but Losses in Europe
February 14 2012 1:45 PM
General Motors is expected to report lower fourth-quarter earnings per share as struggling European operations of the top U.S. automaker offset strong domestic sales.
- 'Halftime in America' Ad Spoofed, Hammered by 'Saturday Night Live'
February 13 2012 6:35 PM
As the political discussion continues over Chrysler's popular Halftime in America Super Bowl commercial starring Clint Eastwood, Saturday Night Live took the task of spoofing this latest controversy. Three times.
- Gas Prices Rising, So Cars' Fuel Economy Rising, Too: Study
February 13 2012 6:09 PM
The average fuel economy of 2012 model year vehicles is 14 percent higher than the same mark of just four years earlier, according to a University of Michigan study, confirming automakers' push to appeal to consumers' desires for more fuel efficient vehicles.
- Budget Deficit Increases Due to Lower GM Share Values
February 13 2012 2:14 PM
Lower value of the United States government's stock in General Motors Co. and American International Group will dump $21 billion more on the 2013 budget President Barack Obama released on Monday.
- Jeremy Lin Drives Knicks Ticket Prices, Demand Sky-High in 'Linsanity'
February 10 2012 5:30 PM
The definition of Linsanity: a 23 percent rise in average ticket price, a 36 percent ratings increase and a furious rush for new merchandise. That's the effect of blossoming New York Knicks point guard Jeremy Lin, who has burst into the NBA limelight over the past three games and impressed nearly everyone with even a casual interest in the NBA -- Kobe Bryant being, perhaps, the only exception.
- Hyundai Elantra Coupe 2013: Look at the Sportier Version of the Elantra [PHOTOS]
February 10 2012 2:21 PM
Hyundai unveiled a coupe version of its popular Elantra model, adding another version to the budding Elantra lineup. The compact version of the Elantra has been the most successful, but with the coupe version, Hyundai will try to attract young buyers to a sportier look.
- Crude Futures Fall on Tempered IEA Demand Expectations
February 10 2012 12:46 PM
The International Energy Agency lowered its forecast for global oil demand for the sixth consecutive month because of the continuing weakness of the global economy, sending shares of crude oil down with it.
- Nissan Pathfinder 2013: A Look at the Previously Unseen Interior [PHOTOS]
February 09 2012 6:29 PM
When Nissan first introduced the 2013 version of a revamped Pathfinder in January at the 2012 North American International Auto Show in Detroit, it was missing, well, an interior.
- Jon Huntsman, Former Presidential Candidate, Joins Ford's Board
February 09 2012 4:23 PM
Ford Motor Co. on Thursday named former 2012 Republican presidential candidate and former Utah Gov. Jon Huntsman to its board of directors. The appointment gives Huntsman another job as he backs out of the public spotlight back into the private sector. And it gives Ford another established, high-profile board member with political ties.
- Ford's Mulally Amid Executive Changes: No Plans to Retire
February 09 2012 11:50 AM
Two of Ford Motor Co.'s top executives are set to retire in April, but Chief Executive Officer Alan Mulally brushed back speculation of his own retirement plans.