General Motors (GM) Jan. US Sales Rose 0.5%

Autodata Says Jan. U.S. Light-Vehicle SAAR at 17.58M Units vs. 17.2M Units Expected (F) (GM) (FCAU)

February 2, 2016 2:12 PM EST

Autodata reports January light-vehicle SAAR at 17.58 million unit, versus 17.2 million units expected. SAAR for January 2015 was 16.72 million units.

The firm said total industry deliveries fell 0.3 percent versus the same period last year to 1,148,057 units.

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Exclusive: Global automakers wary of China certification shift

February 1, 2016 4:19 PM EST

By Norihiko Shirouzu

BEIJING (Reuters) - Some global automakers are worried that China is pushing its weight around as the world's biggest car market - by enforcing its own, often outdated, vehicle certification standards on foreign cars.

China previously allowed global brands to sell cars without local certification in many cases, as long they were approved under international standards. Chinese rules essentially apply older standards to features such as bumper strength, brake performance and the size and positioning of lamps and mirrors.

Global car makers say the move to enforce local standards more rigorously highlights the... More

Tesla (TSLA) Model S Said to be Best-Selling EV in U.S. for 2015

February 1, 2016 10:16 AM EST

MarketWatch highlighted a recent chart from... More

U.S. corporations to report best and worst of times

January 29, 2016 5:24 PM EST

By Rodrigo Campos

NEW YORK (Reuters) - Stock market investors who spent January swayed by oil prices, economic weakness in China and central bank speculation may continue to do that next week, even though it should be a dramatic one for earnings reports and economic data.

Fourth-quarter 2015 earnings reports coming from Internet leader Alphabet (NASDAQ: GOOGL) and Exxon Mobil (NYSE: XOM), an old-economy company hit by falling oil prices, will spotlight the yin and yang of Corporate America.

If shares of Alphabet, Google's... More

GM pitches new product strategy to skeptical investors

January 29, 2016 4:12 PM EST

By Joseph White and Paul Lienert

DETROIT (Reuters) - General Motors Co (NYSE: GM) executives used to boast about how frequently the company redesigned cars and trucks. Now, the automaker wants to double the lifespan of vehicle platforms as part of a broader effort to slash and redirect capital spending, GM executives said.

Starting with the new Chevrolet Cruze compact, the basic underpinnings of vehicle lines could last a dozen years or more, GM President Dan Ammann told Reuters.

The move underscores the balancing act the automaker faces in... More