Markets point higher ahead of negotiations aimed to avoid the fiscal cliff.
The Motor Trend honor doesn't always mean increased car sales.
GM and Ford miss analyst expectations for the month while Hyundai and Nissan report losses as the superstorm takes a toll.
The industry is on pace for annualized sales of around 14.7 million this year, experts say.
Car and truck sales in the US beat analyst expectations for August. Higher gas prices pushed more buyers into dealerships in search of fuel-efficient models.
GM and Ford miss expectations but still sell enough to keep the industry on pace for 14 million units sold this year.
Stocks pare earlier losses after new European easing measures and signs of improvement in the US labor market.
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.