BMW Announces U.S. Sales Slide
BMW has become the latest company to announce a dramatic decrease in sales in the U.S. market, with the company’s north American boss announcing that BMW USA has stopped shipment … Read More
An Inside Look at Motorsports
BMW has become the latest company to announce a dramatic decrease in sales in the U.S. market, with the company’s north American boss announcing that BMW USA has stopped shipment … Read More
The credit crisis pummeling Wall Street is going to make an already tough car market that much more challenging, said Jim Farley, head of sales and marketing for Ford Motor … Read More
General Motors Corp. shares fell 11.5% in Monday trading after analysts said the automaker's plan to draw the remaining $3.5 billion from a revolving credit line indicated it may be … Read More
UPDATE #3 This rumor is upgraded to 'strong' today. General Motors Corp., Ford Motor Co., Chrysler LLC and their suppliers would be able to borrow $25 billion from the U.S. … Read More
Ford Motor Co. Chairman William Clay Ford Jr. sold 1 million common shares for $5.05 million yesterday, according to a U.S. regulatory filing. Bill Ford, 51, sold the shares, at … Read More
One of the key executives responsible for overseeing Ford Motor Co.'s global cost-cutting efforts has quit to become chief financial officer of an Ohio paper company. David Prystash, a 24-year … Read More
Chevy Volt Power by Dick Pong/AR1.com The average U.S. driver of a Chevrolet Volt is expected to save $1,500 to $2,000 a year on fuel, compared with today's compact cars … Read More
In the latest turn in the long struggle for dominance of Volkswagen AG, sports car manufacturer Porsche SE said Tuesday that it had raised its stake to 35.1 percent of … Read More
Chevy Volt General Motors launched its next 100 years today by unveiling the much-anticipated production version of the Chevrolet Volt – a vehicle that delivers up to 40 miles of … Read More
When the Volt is unveiled today it will have a new look (above) from the prototype previously seen General Motors Corp. will officially unveil a near-production version of Chevrolet Volt … Read More
Chrysler LLC President Jim Press defended a controversial plan to provide low-cost, federal loans to automakers, saying U.S. manufacturers needed the money to help them pursue technological advances and ensure … Read More
Fiat is talking to partner Tata Motors for supply of future powertrains to Jaguar-Land Rover once the Ford agreement runs out. Speaking on the sidelines of the SIAM annual general … Read More
Ford Motor Co. Executive Chairman Bill Ford voiced his support Friday for government loans for the auto industry and growing attention on the nation's lack of energy policy. Bill Ford … Read More
McLaren Electronic Systems, the specialist electronics arm of British Formula 1 racing and automotive company McLaren, has launched McLaren Electronics Inc, a North American subsidiary. The British company already has … Read More
Porsche's August 2008 sales have gone down 45% in North America compared to the same time last year. While this figure may seem alarming at first, it's explained by the … Read More
Honda Motor Co. passed Chrysler LLC in August to grab fourth place in U.S. auto sales this year as cars won market share from trucks amid an industrywide slump. Asia-based … Read More
General Motors Corp.’s August sales dropped 20.3% to 307,285 total vehicles as sales of its large trucks continued to drop in the face of higher gas prices and a weakened … Read More
Sales of Ford Motor Co. cars and trucks plummeted 26.6% in August, despite healthy gains of the company’s fuel-efficient cars, such as the Focus compact car, which was up 23.4% … Read More
UPDATE Ford Motor Co. lost its third-place spot in the global sales rankings for the first half of the year. So says the Volkswagen Group. Volkswagen delivered 3.31 million vehicles … Read More
The Toyota LF-A supercar may never reach the showroom floor The writing has been on the wall for some time. Although the Lexus flagship graduated from "concept" to "prototype" when … Read More
Turns out General Motors Corp.'s employee discount isn't for everyone. The automaker, which last week temporarily extended the perk nationally to anyone in a bid to boost sales and clear … Read More
Two former Chrysler veterans disagree sharply over the Auburn Hills automaker's decision to put its Dodge Viper brand up for sale — the latest move by Chrysler's owners to raise … Read More
Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday, showing that even one of the world's most durable automakers is being hurt by rising … Read More
Chevy Cruze General Motors Chairman and Chief Executive Officer Rick Wagoner today announced that the company will invest more than $500 million in the U.S. to build the Chevrolet Cruze, … Read More