| Jun 9, 2015
| 3:00 PM
Small Chinese investors flying blind in latest market boom
Li Haitao, a 24-year-old employee at a steel trading company, did no research last June before he joined a stampede of novice investors into China's surging stock market.
He paid for his...
| Jun 9, 2015
Ford Motor Co. would have to invest $3.1 billion in Michigan facilities over the next 10 years to qualify for its maximum tax credits under a deal announced Monday that limits the state's liability for incentives issued to keep auto jobs in the state....
| Jun 2, 2015
| 3:46 PM
U.S. auto sales were stronger than expected in May, boosted by Memorial Day promotions and strong demand for new SUVs.
Sales rose 2 percent over last May to more than 1.64 million cars and trucks, their fastest pace since July 2005, according to Autodata...
| Jun 5, 2015
| 3:29 PM
The U.S. government's auto safety agency acknowledged Friday that a deadly defect in General Motors ignition switches went unresolved for a decade because agency staffers didn't understand air bag technology and failed to challenge the information it...
| Apr 20, 2015
| 12:30 PM
This year's annual meeting of Berkshire Hathaway shareholders on May 2 promises to be extra special as Berkshire celebrates its 50th anniversary. CEO Warren Buffett, who is 84 years old, and Vice Chairman Charlie Munger, 91, are likely to address what's...
| May 7, 2015
| 12:29 PM
DETROIT General Motors declared that the auto industry's future is electric just as Americans' rekindled demand for pickup trucks, SUVs and crossovers are driving the bulk of the automaker's profits.
"The company believes the future is electric, with...
| Apr 9, 2015
| 11:05 AM
DETROIT General Motors will stop production of the slow-selling Chevrolet Volt next month and extend the normal retooling time to make the next generation of the extended-range hybrid vehicle.
The Detroit/Hamtramck Assembly plant in Michigan is almost...
| Apr 28, 2015
| 8:27 AM
WASHINGTON — Frustrated that cars recalled for serious safety defects aren't getting fixed quickly enough, the nation's auto safety chief is hosting a gathering of automakers ay to search for solutions.
In some recalls for problems as serious as...
| May 21, 2015
| 1:51 PM
Ever since the U.S. began seriously regulating automotive safety in the 1970s, deaths on the nation's roadways have been in steady decline.
Though the last 40 years have been punctuated by a few notable auto-safety scandals, these have been relatively...
| May 20, 2015
| 12:17 PM
A recall of air bags made by Japanese auto parts supplier Takata Corp. now has the dubious distinction of being the largest in U.S. history.
The number of vehicles in the U.S. being recalled because of the defective air bags is doubling to 34 million,...
| May 18, 2015
| 10:08 AM
Chevrolet has launched the sixth generation of its Camaro sports coupe, a counterpunch to Ford's all-new Mustang.
The two Detroit giants have been waging the pony car wars since the 1960s, and the battle remains just as fierce today. Their sales run...