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At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball.
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DETROIT-- American Axle& Manufacturing Holdings Inc. said Friday that it will spend more than $100 million on a Michigan manufacturing plant to add new production lines, increase shipping capacity and other items. Detroit- based American Axle makes axles, transmission parts and other parts for the automotive industry.
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*Chrysler ousts Ford as No. 1 in sales in Canada in January. Feb 1- Auto sales in Canada slipped 2.2 percent in January, data showed on Friday, on weaker demand for European vehicles and strong comparable data from a year ago when Japan's automakers were rebounding from earthquake and tsunami disruptions.
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*GM, Ford, Toyota top Wall Street forecasts. *Chrysler, Honda, Nissan fall short of analysts' estimates. "We all started the year with a little bit of apprehension with the fiscal cliff debates and the new tax rates," said Toyota Motor Corp's Bill Fay, head of U.S. sales for the Toyota brand. "
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If January is any indication, 2013 could be another big year for auto sales in the U.S.
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*Chrysler says it is No.1 in sales in Canada in Jan. Feb 1- Detroit automakers started off the year with strong sales in Canada, figures for January showed on Friday, helped by demand for fuel-efficient passenger cars, leaving vehicle manufacturers optimistic about the outlook for 2013..
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*GM, Ford, Toyota top Wall Street forecasts. DETROIT, Feb 1- Several major automakers, including General Motors Co and Toyota Motor Corp, posted better-than-expected U.S. vehicle sales for January, kicking off the fourth straight year of the sector's recovery from the depths of recession.
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DETROIT, Feb 1- BMW North America said U.S. group sales in January rose 2.3 percent to 20,195..
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TRAVERSE CITY, Mich.-- Regulators granted permission Thursday for Enbridge Inc. to finish replacing the underground pipeline that ruptured and spilled more than 800,000 gallons of oil into a southwestern Michigan river. It will extend through 10 Michigan counties: Berrien, Cass, St. Joseph, Kalamazoo, Calhoun, Jackson, Ingham, Oakland, Macomb and St. Clair.
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LANSING, Mich.-- Labor unions, Democrats and others sued to block Michigan's right-to-work law Thursday, asking that the measure be struck down because people were locked out of the state Capitol while the contentious measure was debated.
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ALLEGAN, Mich.-- Perrigo Co.' s fiscal second quarter earnings climbed 6 percent in a performance that topped Wall Street expectations, as revenue gains from acquisitions and the over-the-counter drugmaker's consumer health care segment countered rising expenses.
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DETROIT, Feb 1- General Motors Co and Ford Motor Co, the two largest U.S. automakers, reported better-than-expected January auto sales, buoyed by a strong showing in small cars and crossovers.
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ADAIRSVILLE, Ga.-- For Darleen Evans, it was sheer terror as the manufacturing plant where she worked collapsed around her and her colleagues. On two occasions, tornadoes have ripped through the Daiki Corp. steel manufacturing plant that employs more than 90 people in this small community.
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DETROIT, Feb 1- Chrysler Group LLC said January car sales of 117,731 were the best since 2008 and projected industry sales during the month grew at an annual rate of 15.5 million. All Chrysler brands except Jeep reported year-on-year sales gains, with the Dodge brand up 37 percent from a year ago.
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DETROIT-- The recovery in U.S. auto sales from the Great Recession really got rolling at the end of last year, and it looks like the momentum continued in January.
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DETROIT, Feb 1- Toyota Motor Corp again topped an annual U.S. consumer survey on brand perception released on Friday as all the top automakers' scores rose from last year.
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WASHINGTON/ DETROIT, Jan 31- The U.S. Department of Energy on Thursday eased off President Barack Obama's stated goal of putting 1 million electric cars on the road by 2015, and laid out what experts called a more realistic strategy of promoting advanced-drive vehicles and lowering their cost over the next nine years.
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WASHINGTON/ DETROIT, Jan 31- The U.S. Department of Energy laid out a strategy on Thursday to promote green cars and lower their cost over the next nine years, but eased off its previously stated goal of putting 1 million electric cars on the road by 2015..
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WASHINGTON _ Labor Department releases employment data for January, 8:30 a.m. Eastern. WASHINGTON _ Institute for Supply Management releases its manufacturing index for January, 10 a.m.. WASHINGTON _ Commerce Department releases construction spending for December, 10 a.m..
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DETROIT, Jan 31- General Motors Co is recalling 13,680 cars globally to address potential problems with improperly tightened suspension bolts and faulty airbags, according to the company and documents filed with U.S. safety regulators.
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DETROIT-- AutoNation Inc., the country's largest auto dealership chain, said Thursday that its fourth-quarter net income rose almost 20 percent as the U.S. auto sales rebound continued to gain momentum. The Fort Lauderdale, Fla., company also announced that its 210 U.S. domestic and import dealers will be branded as AutoNation stores this year.