Auto Economy

GM: Cutting Brands Trimmed Consumer Loyalty

U.S. owners of Saturn, Hummer and Pontiac brand General Motors cars have been courted and even bribed, but many are moving away from GM anyway, data shows.


GM Stock Is a Long-term Investment, CEO Tells Shareholders


Obama To Seal Chrysler Deal With Fiat CEO

President Obama was due Friday to seal the government's sale of its remaining 6 percent equity in carmaker Chrysler to Italy's Fiat SpA for $500 million.


2nd U.S. Rating Agency Threatens U.S. With Downgrade Over Budget

For the second time in less than two months, a U.S. credit rating agency Thursday threatened to downgrade the top status of the U.S. government's borrowing ability unless it resolves its budget crisis.


Ford to Launch 3-Cylinder Engine For Small Cars

Ford Motor Co. will produce a 1.0-liter, three-cylinder EcoBoost engine and a new 8-speed transmission sometime in the next two years to raise the fuel economy of its small cars, company executives said Thursday.


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