- Toyota Highlander Production Will Move to U.S.
February 08 2012 3:40 PM
Toyota Motor Corp. will add 400 jobs at its Indiana plant to produce the hybrid version of its Highlander sport-utility vehicle, shifting production of the SUV from Japan to the United States.
- Clint Eastwood Super Bowl Commercial Team Has Obama Ties: Report
February 08 2012 1:21 PM
Several members of the production crew of Chrysler Group LLC's Halftime in America commercial starring Clint Eastwood also made art in support of President Barack Obama's 2008 presidential campaign.
- Fed May Resume Bond Buying, SF Fed President Says
February 08 2012 12:33 PM
The president of the Federal Reserve Bank of San Francisco said Wednesday the Fed may resume expanding its balance sheet to boost the U.S. economy if the recovery loses momentum or inflation stays below two percent.
- Bush Defends Auto Bailouts Amid Growing Political Debate: 'I'd Do It Again'
February 07 2012 4:36 PM
Former United States President George W. Bush defended the emergency bailout funds his administration provided to General Motors Co. and Chrysler Group LLC in a speech to car dealers Monday, saying he would do it again.
- Toyota Raises Profit Outlook on a Long Road to Recovery
February 07 2012 12:57 PM
Toyota Motor Corp. raised its full-year net income forecast Tuesday by more than a third, as the Japanese automaker has cut costs and spending and as newer vehicles have bumped up sales.
- Giants Super Bowl Win Adds to Legacy of Mara, Tisch Families
February 07 2012 10:42 AM
When the New York Giants defeated the New England Patriots 21-17 in Sunday's Super Bowl XLVI, it was another notch in the legacy belt of one of the NFL's longest-running family-owned franchises.
- Clint Eastwood Super Bowl Commercial: Was it Political? [VIDEO]
February 06 2012 1:06 PM
The political undertones in Clint Eastwood's Super Bowl commercial for Chrysler Group LLC were evident in the reaction it provoked. The nationalistic tone for the ad, Halftime in America, left its audience wondering whether it advocated that the upcoming 2012 Presidential election is halftime for President Barack Obama and that he deserves a second term.
- Clint Eastwood's 'Halftime in America' Super Bowl Ad: WATCH HERE [VIDEO]
February 06 2012 12:25 PM
The Chrysler Group LLC Super Bowl ad featuring Clint Eastwood is making the rounds this morning as one of the more memorable spots during the Giants' 21-17 win over the Patriots on Sunday night.
- GM Looks for $10 Billion-Plus Profits: Can the Automaker Continue its Dramatic Recovery?
February 06 2012 11:21 AM
Three years after receiving a hefty bailout check from the United States government and enduring a bankruptcy and restructuring process, General Motors Co. is set on attaining a goal of earning more than $10 billion a year.
- Chrysler Adds 1,800 Jobs for Dodge Dart Production
February 02 2012 3:54 PM
Chrysler Group LLC will bolster its Belvidere, Ill., assembly plant with 1,800 new jobs, Fiat and Chrysler Chief Executive Sergio Marchionne said Thursday. About 500 of those jobs will solely focus on production of the all-new 2013 Dodge Dart, which Chrysler introduced last month at the 2012 North American International Auto Show in Detroit.
- Barack Obama Looking at Cars [PHOTOS]
February 02 2012 11:29 AM
So, Barack Obama visited the Washington Auto Show the other day. Sure, he was probably invited, but it's also part of a larger strategy for his reelection campaign this fall.
- Declining Investor Confidence Helping Gold Prices -- Analysis
February 02 2012 7:13 AM
Gold prices rose for a second straight day on Wednesday in correlation with the euro. It came on the same day that the Global Investor Confidence index measured by State Street Global Markets fell just more than two points, suggesting that the continuing economic turbulence is fueling investors to seek out more stable assets like gold.
- Obama's Auto Bailout Success Story Will Prove Crucial in Election Fight vs. Romney
February 02 2012 7:11 AM
Picture President Barack Obama's reelection campaign as a showroom. Over there, at one stand, is an overall improving economy -- he hopes. And somewhere in the showroom, either as a part of the economy stand or standing on its own, will be the health and restoration of the United States automotive industry. If the past week and a half is any indication, Obama plans to use it as a critical point in his reelection campaign as the industry continues a dramatic recovery from dire straits just mor...
- New Car Sales: Which Automakers Came out on Top in January? [PHOTOS]
February 01 2012 4:09 PM
Many major automakers reported January sales on Wednesday, and their results signaled further rebound in a recovering United States auto industry.
- Bankrupt American Airlines Could Cut 14,000 Jobs
February 01 2012 2:46 PM
AMR Corp.'s American Airlines will work to drastically reduce costs by more than $2 billion annually, the company said Wednesday, with a heavy portion of those cuts resulting from a reduction in labor costs.
- Obama, at Auto Show, Pokes Romney on 'Let Detroit Go Bankrupt' Bailout Stance
January 31 2012 5:53 PM
President Barack Obama pushed into second-gear at the Washington Auto Show on Tuesday, taking a swipe at potential challenger Mitt Romney as the Republican primaries in Florida were underway.
- Chrysler Swings to Profit; Industry-Wide U.S. Car Sales in January To Show Gains
January 31 2012 4:57 PM
Chrysler is profiting from strong Jeep sales and automakers are expected today to announce healthy year-over-year January sales increases in the U.S., with only General Motors Corp. trailing the pack.
- FDA Approves Skin Cancer Drug for 'Major Advances in Treatment'
January 30 2012 3:07 PM
The U.S. Food and Drug Administration on Monday gave a green light to a basal cell skin cancer drug made by Roche Holding AG and Curis Inc. The drug will be marketed by Roche's San Francisco-based Genetech arm under the brand name Erivedge.
- Ferris Bueller Honda Super Bowl Ad: Watch it Here [VIDEO]
January 30 2012 12:37 PM
There was plenty of speculation last week about the 10-second tease of Matthew Broderick as Ferris Bueller. Was it a Super Bowl ad? Was it a sequel? Turns out it's the former: a more than two-minute Super Bowl ad for Honda.
- Humane Society Blasts Magazine for 'Absurd' Hitler Editorial
January 28 2012 12:36 AM
The Humane Society of the United States pushed back Friday against a controversial editorial in a meat industry trade magazine that analogized the organization to Adolf Hitler.