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Automotive News |
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msnbc.com: Autos
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Msnbc.com is a leader in breaking news and original journalism.
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Major automakers report U.S. sales plunge
 Huge rebates and zero-percent loans couldn?t overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year.
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Hyundai: Can?t make payments? Just return it
Can't make the payments on that new car you just bought? No problem ? just return it free of charge.
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Cadillac unveils new SRX before Detroit show
 General Motors Corp. is counting on the 2010 Cadillac SRX crossover vehicle to lure luxury car buyers with new design and performance features.
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Eight alternatives to Detroit?s ?Big Three?
Don?t want to buy a car from GM, Ford or Chrysler? There?s a good number of alternative North American carmakers out there. Here?s a list.
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GMAC gives up some GM car financing rights
GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives.
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Chrysler says it's received $4B bridge loan
Chrysler's chief says the automaker has received an initial $4 billion loan from the U.S. Treasury Department.
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Visteon cutting worker hours, pay in Mich.
Automotive supplier Visteon Corp. said Friday it will shift more than 2,000 workers to a four-day week and cut their pay by 20 percent.
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GMAC loosens credit to expand auto lending
 The Treasury Department said Monday that it will provide $5 billion to GMAC Financial Services LLC, the ailing financing arm of General Motors Corp.
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Treasury offers hope for auto industry
Treasury says it will decide case-by-case if other companies connected to the automotive industry should get emergency aid from the government's $700 billion bailout pot.
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Ford announces new self-parking technology
Ford said Tuesday its new self-parking technology will debut as an option on the 2010 Lincoln MKS sedan and the new seven-passenger Lincoln MKT luxury crossover vehicle.
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Japan's young falling out of love with cars
 To get around the city, Yutaka Makino hops on his skateboard or rides commuter trains. Does he dream of the day when he has his own car? Not a chance.
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Kerkorian sells remaining Ford shares
Billionaire investor Kirk Kerkorian has sold his remaining 5 percent stake in Ford Motor Co., according to his investment company, Tracinda Corp.
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Video: The autos industry in 2009
 Dec. 29: What?s in store for the autos industry in 2009? CNBC?s Phil LeBeau reports. (CNBC)
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Family star may head Toyota in crisis
 As Toyota faces its biggest crisis in its history, speculation is growing it may turn to the charismatic magic of Akio Toyoda, groomed to lead the company his grandfather founded.
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GM's oldest plant nears shutdown
 As demand for big vehicles continues to plummet, the last SUV rolled off a production line in Janesville, Wis. ? General Motors' oldest plant. GM has announced 11,000 layoffs in 2008.
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Toyota profits hit speed bump
 Toyota Motor Corp. said Monday it will report the first operating loss in 70 years, acknowledging it can no longer escape the slowdown plaguing the global auto industry.
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