Toyota cannot make cars fast enough
When U.S. auto sales slumped last month to their lowest levels in more than a decade, Toyota Motor Corp. suffered as much as anyone else. Unusual for the Japanese automaker, … Read More
An Inside Look at Motorsports
When U.S. auto sales slumped last month to their lowest levels in more than a decade, Toyota Motor Corp. suffered as much as anyone else. Unusual for the Japanese automaker, … Read More
Fiat SpA, Italy's biggest carmaker, will close four of its six auto plants in the country for three weeks between September and November because of slumping sales. The closures will … Read More
Volkswagen AG, the second-largest overseas vehicle-maker in China, boosted first-half sales in the country by 23 percent, almost twice the pace of market leader General Motors Corp. The German automaker … Read More
Toyota's ecological Prius gas-electric hybrid will become even greener next year with solar-powered air conditioning on some high-end models, The Nikkei reported Monday. The solar panels on the roof of … Read More
Detroit's Big Three are battling sagging vehicle sales by extending and ramping up consumer incentives, deals some analysts predict will get sweeter this summer as automakers look to move more … Read More
As gas prices continue to reach record highs worldwide, four-cylinder vehicles are growing in popularity due to their low gas consumption. General Motors reports that as this model grows in … Read More
Ford Motor Co. has appointed a veteran auto industry insider and Detroit native to head its sales and marketing operations for the Ford, Lincoln and Mercury brands in the United … Read More
This was supposed to be the year Detroit's automakers started to turn things around. Long-overdue restructurings were under way at General Motors Corp., Ford Motor Co. and Chrysler LLC and … Read More
Audi of America, Inc. announced today auto sales for the month of June totaling 8,203, an increase of 5.3% from last year’s figures; the brand also experienced a 1.8 percent … Read More
Asian automakers outsold Detroit's Big Three for the first time in May as the industry continued its dramatic shift toward more fuel-efficient cars. Helped by a reputation for fuel-sipping models, … Read More
Chrysler LLC saw its U.S. sales drop 36% in June compared to a year ago, the company announced this afternoon. The contracting market for pickups and SUVs hurt Chrysler sales, … Read More
Ford Motor Co. says its U.S. sales tumbled 27.9 percent in June as high gas prices and a weak economy deepened the trouble facing the company. The company blames the … Read More
Porsche SE, maker of the 911 sports car, dropped to the lowest level in 18 months on investor concerns that it may pay too much to buy more Volkswagen AG … Read More
GM today announced June sales results, highlighted by an 8 percent rise in retail car sales and continued strong performance in crossovers. Despite the significant decline of industry market volume … Read More
Stock analysts sure move quickly. Earlier this month, KeyBanc Capital Markets Managing Director Saul Ludwig lowered Cooper Tire & Rubber Co.'s estimated earnings per share (EPS) for the year to … Read More
Detroit's automakers and, indeed, the entire auto industry, are expected to report a historic drop-off in monthly auto sales Tuesday — a plunge that helps explain why the automakers are … Read More
While Chrysler LLC gathered journalists from around the world last week to its Chelsea Proving Grounds to show off its 2009 model year lineup, there are growing concerns about the … Read More
The European car industry has remained serene while coping with stagnating sales, and cleverly held on to respectable profits while undergoing serious restructuring. Even the threat of a credit crunch, … Read More
I know many people have been very interested in how fast the ZR1 would be at the Ring… Most car enthusiasts are quite familiar with the NĂƒÂ¼rburgring. Built in the … Read More
Gasoline prices are becoming so high that one of Canada’s top banks is predicting a “mass exodus" of vehicles from U.S. highways within four years, with a slightly less dramatic … Read More
Hail the size of Ping-Pong balls damaged some 30,000 new vehicles at a Volkswagen plant in northern Germany, a company spokesman said Friday. The June 22nd hailstorm hit a lot … Read More
Suzuki Motor Corp. has pulled out of the 2009 North American International Auto Show, saying the space offered — relegated to Michigan Hall — didn't meet its needs. The Japanese … Read More
Shares of General Motors Corp. (GM) (GM) plunged to their lowest price in more than 33 years, and Ford shares hit another 52-week low Thursday as analysts continued to speculate … Read More
Chrysler LLC, the third-largest U.S. automaker, has no plans to file for bankruptcy, a spokesman said in response to financial-market speculation. “We've got cash; we haven't filed anything,'' Chrysler spokesman … Read More
GM, the largest U.S. automaker, was cut to “sell'' at Goldman, Sachs & Co., saying the shares will continue to slide on a worsening sales outlook. GM fell as much … Read More