Automobiles and Components
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Are electric cars running out of juice again? Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time.
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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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CHERRY HILL, N.J.-- Subaru of America Inc. said Friday that January U.S. sales rose 21 percent from the same month a year ago led by its Forester and Outback models. BY THE NUMBERS: Subaru said that it sold 27,663 vehicles last month, up from 22,807 in January 2012. TOP SELLER: The Outback wagon led the way, at 8,632, an increase of more than 16 percent.
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HERNDON, Va.-- Volkswagen of America Inc. said Friday that U.S. auto sales rose 7 percent in January and marked the company's highest sales in the month since 1974.. BY THE NUMBERS: VW sold 29,018 vehicles, up from 27,208 in January 2012. TOP SELLERS: Sales of the Jetta fell 4 percent, but it was still VW's biggest seller in the U.S., at 10,522..
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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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Click on to see the priciest motorcycles, with values starting in the low six figures and going up to a million dollar machine.
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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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Jan 31- AutoNation Inc, the largest U.S. auto dealer group, said strong new vehicle sales boosted its fourth-quarter net income by 20 percent and revenue by 13 percent. In early trading on the New York Stock Exchange on Thursday, AutoNation shares were up 0.6 percent at $45.35.
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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.
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FRANKFURT, Jan 31- German chipmaker Infineon forecast a rise in second-quarter sales and operating profit on Thursday as its key car clients started to restock, and said broader demand would also pick up.
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DETROIT/ MILAN, Jan 30- Fiat said on Wednesday its debt grew by about 1 billion euros in 2012 as European car sales tumbled 14 percent, leaving the Italian carmaker ever more dependent on strong growth at U.S. unit Chrysler.
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MILAN, Jan 30- Fiat SpA Chief Executive Sergio Marchionne said the Italian automaker would like to see the minority holder of U.S. affiliate Chrysler Group LLC sell out as soon as possible. It's up to them, "he said, referring to a United Auto Workers union retiree healthcare trust called VEBA that owns 41 percent of Chrysler.
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DETROIT/ MILAN, Jan 30- Fiat said on Wednesday its debt grew by about 1 billion euros in 2012 as European car sales tumbled 14 percent, leaving the Italian carmaker ever more dependent on strong growth at U.S. unit Chrysler.
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Jan 30- Chrysler Group LLC, the U.S. automaker majority owned by Italy's Fiat, said its 2013 profit would come in toward the low end of its initial business plan, and it cut its 2014 free cash flow forecast by two-thirds.
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In another sign of its turnaround, Chrysler said its profit jumped to $1.7 billion in 2012 as sales rose 18 percent.
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TOKYO, Jan 30- Toyota Motor Corp will recall 1.1 million cars globally for two separate defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said on Wednesday.
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Toyota Motor will recall 1.1 million cars globally for defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said on Wednesday.
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TOKYO, Jan 30- Toyota Motor Corp will recall 1.1 million cars globally for defects, including 752,000 Corolla and Corolla Matrix vehicles in the United States to fix airbags that could be deployed inadvertently, the automaker said on Wednesday.
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China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.
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Shoppers at the Citroën showroom on the Champs-Élysées were conspicuous mostly by their absence on a recent weekday. Earnest-looking employees outnumbered the lone visitor by at least 10 to 1. Two of the workers were busy refining their already considerable skills at an auto-racing video game. The New York Times reports.