Toyota made more cars than GM in 2007
Toyota may have fallen short of General Motors in global vehicle sales last year, but it's beaten its U.S. rival in another measure—global vehicle production. In the latest neck-and-neck numbers … Read More
Category: Automotive
GM to report record annual loss
General Motors Corp. will announce its 2007 earnings on the morning of Tuesday, Feb. 12. The automaker is expected to announce its worst annual loss in history, due to a … Read More
Ford loses $2.7 billion in 2007
Ford Motor Co. today reported a net loss of $2.7 billion, or $1.35 a share, for 2007— a substantial improvement from the record $12.6 billion, or $6.72 per share, loss … Read More
Video: Hummer HX Concept vehicle
Click image to watch video The HUMMER HX concept may ride similar to its predecessors but there are big differences – including its size and fuel source. The vehicle, which … Read More
GM Sells More Than 9 Million Vehicles Globally again
General Motors sold 9,369,524 cars and trucks around the world in 2007, an increase of 3 percent, according to preliminary sales figures released today. In the fourth quarter, GM sold … Read More
Tata to make electric cars for Chrysler
Tata Motors Ltd , India's top vehicle maker, has signed a development contract with Chrysler LLC for electric vehicles, according to media reports on Wednesday, citing unnamed industry sources. The … Read More
Ford set to offer more buyouts
Ford Motor Co. is preparing to offer another round of buyouts to all of its approximately 54,000 U.S. hourly employees, and sources say an announcement could come as early as … Read More
BMW may launch ‘all-green’ brand
BMW may launch an exclusively green brand to supplement its BMW, Mini and Rolls-Royce marques. The green brand would sell ecologically friendly vehicles of a kind considered too extreme to … Read More
2009 CTS-V: Cadillac’s Ultimate Expression
Cadillac Exterior Design Director John Manoogian (left) and Cadillac Interior Design Director Eric Clough display the Eyes On Design Best Production Car award for the Cadillac CTS-V at the 2008 … Read More
Ford F250 Lariat 4×4
Ford F250 Lariat 4×4 If you are in need of a heavy duty truck, chances are you already know about Ford’d F250. But what you may not know is how … Read More
Audi to run Super Bowl ad
Audi of America Inc. will boldly declare its intention to redefine luxury in the automotive segment with its first Super Bowl ad in nearly 20 years, the company said today. … Read More
Some bright spots for GM sales
General Motors Latin America, Africa and Middle East (GM LAAM) region set an all-time CYTD record in 2007, selling 1,235,913* vehicles, up 200,600 units over 2006. GM’s volume increase of … Read More
Biofuels do more harm than good?
Controversial plans to make cars greener by using fuel made from crops and animal fat will be thrown into doubt this week when MPs are expected to question whether they … Read More
First 2008 Dodge Challenger SRT8 sells for $400K
Dodge Challenger Dodge decided to "hit it" on big money day here at the big Barrett Jackson auction by dropping the very first 2008 Dodge Challenger SRT8 on to the … Read More
First 2009 Corvette ZR1 Sells at Auction for $1,000,000
Corvette ZR1 The first 2009 Corvette ZR1 just sold here on big money day at the big Barrett-Jackson auction for $1,000,000 with a little help from GM's best bud, Jay … Read More
German automakers ready for weaker USA market
European car manufacturers are preparing for stormy weather in America. Steady sales for the likes of BMW and Mercedes, and any black ink at all, will be applauded by investors … Read More
Ford pickups stolen to smuggle drugs, humans
Ford F-350 Cartels swipe rugged Ford F-250s, F-350s in state for smuggling drugs and humans. Houston entrepreneur Bill Christmann was shocked when thieves stole his souped-up black Ford F-250 pickup … Read More
GM plans more dealer consolidations
Even after eliminating hundreds of U.S. dealerships in the last few years, General Motors Corp.'s massive sales network isn't shrinking fast enough. GM CEO Rick Wagoner said the automaker will … Read More
Auto recalls up 30% in 2007
Automakers recalled nearly 15 million vehicles for repairs at dealerships last year, the government reported today, an increase of about 30% over 2006. Automakers issued 588 separate recalls involving 14.5 … Read More
German carmakers come up big in USA
Despite the looming U.S economic downturn, BMW, the most popular European carmaker in the United States, is coming off a triumphant 2007, after earlier this month reporting best-ever annual sales … Read More
GM to offer buyouts to 46,000
General Motors Corp. CEO Rick Wagoner said Thursday that the company could have to shutter more U.S. factories or eliminate shifts at plants to bring the automaker's production in line … Read More
Not all hybrids are taxpayers’ friends
Green could turn into the new gold when it comes to promoting Earth-friendly cars and trucks. You can spot that marketing magic the minute you walk through the doors this … Read More
Ferrari unveils first-ever Biofuels model
First ever Biofuel Ferrari Detroit (USA) – Ferrari has brought two models – the 430 Scuderia and the 599 GTB Fiorano – to the 2008 North American International Auto Show … Read More