From Companies 12:25 am
Warren Buffett's investing powerhouse, Berkshire Hathaway Inc. (NYSE: BRK.B) took a 10 million share stake in General Motors Company (NYSE: GM) during the first quarter, an investment it disclosed Wednesday, delivering a 2.29 percent bump to car company's shares and a welcome dose of investor confidence.
From Economy 10:01 pm
General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO.
From Auto 5:59 pm
It hasn't been a good year for Lamborghinis. Back in April, a Lamborghini Aventador spontaneously combusted and caught on fire in California. This time, a yellow Lamborghini Gallardo, estimated to be worth $225,000, is the latest viral hit on the Internet after a crash was caught on video in the Chicago area by onlookers.
From Tech May 15
Google is getting serious about its self-driving car technology campaign. In an effort to make the driverless car legal on U.S. roads, the Mountain View, Calif. based company was spotted showing off the robo-prius on the streets of Washington, D.C. - just one day after Nevada became the first state to legalize autonomous vehicles.
From Economy May 15
Honda Motor Co wants India to double its contribution in global motorcycle revenue by 2020, with the automaker now seeking to explore developing markets for low cost vehicles. Keita Muramatsu, president of Honda Motorycle **9** Scooter, announced on Tuesday a target of 30 percent in global sales, a 13 percent step-up in revenue that India is solely expected to deliver in eight years time.
From Companies May 11
Legendary entrepreneur, American muscle-car manufacturer, and race-car driver Carroll Shelby died Friday at the age of 89, according to a statement by his company Carroll Shelby International Inc. (OTC: CSBI.PK). The cause of death was not disclosed.
From Companies May 11
Fisker Automotive has been struggling recently, and reports that one of its post-recall Fisker Karma cars lit up a suburban Houston garage like a match in a fireworks factory are not helping the image of the company, and unlike the grinning Aventador guy, it seems doubtful that the owner of the cris...
From Companies May 10
Ford Motor announced its second recall of Windstar vans for axle problems in two days Thursday, bringing the number of Windstars recalled so far this month to 36,000.
From Companies May 10
With Mother’s Day right around the corner, TrueCar.com released its list of the top 10 most popular cars for moms on Thursday, and the results of what moms in cars prefer aren’t exactly surprising.
From Companies May 09
Every new 2013 Cadillac XTS will come with an Apple Incorporated (NASDAQ: AAPL) iPad with a suite of customer education apps pre-loaded to teach new owners about the car's Cadillac User Experience (CUE), General Motors Company (NYSE: GM) announced on Wednesday.
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