April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.» Read More
Nissan Motor posted a 13.7% drop in fourth quarter operating profit on Tuesday and forecast a sharp fall in annual profits this year due to a weaker dollar, rising commodities prices and sinking U.S. demand.
I knew there would backlash from my blog on Friday. Listen, any time you write or say something about hybrids, there's a flurry of comments, on both sides, from those who think you have no clue.
This auto-parts company is slashing costs but the Street isn't paying attention. That doesn't mean you have to miss it.
Here's one to make you scratch your head and say, "what the heck is going on here?" I suspected that higher gas prices have probably kept demand and prices up for hybrids, so I asked the folks at J.D. Power's Power Information Network and Kelley Blue Book to run the numbers.
Ford Motor Chief Executive Alan Mulally said Thursday the automaker has seen a number of signs that its turnaround is gaining traction in the face of challenging North American conditions.
The news out of Tokyo should not come as a surprise. Toyota, running neck and neck with GM to become the world's largest automaker, is running a little slower. The first quarter earnings make sense given the auto market slowing down in the U.S. and Toyota finding fewer markets and segments to enter.
Toyota Motor posted a 28% fall in quarterly net profit on Thursday, hit by a stronger yen and finance-related losses, and forecast its first annual profit drop in seven years as the U.S. auto market slows.
Honda Motor will boost its annual output capacity in China by about 20 percent to 650,000 vehicles, aiming for a larger share of the fast-growing market, the Nikkei business daily said onThursday.
There's an old adage in the car business that even in tough times, good cars will still sell. That might explain why certain models continue to fly off dealer lots and even sell at a higher price, even though the overall auto market is down. Perhaps the most interesting example is the new Chevy Malibu.
Car companies, oil and gas companies have vowed to clean-up the air. But an Israeli investor is actually doing something.
So it's come to this. Giving customers a guarantee they won't pay more than $2.99 a gallon if they buy a new car, truck, SUV. On the surface, it's a smart move by Chrysler. But I'm not sure how much it will help sales at the struggling automaker.
General Motors workers at a Kansas assembly plant making the hot-selling Chevrolet Malibu went on strike as of Monday morning, an official at United Auto Workers union Local 31 said.
Ask yourself a question, and be honest: If you ran Ford, would you hang on to Volvo and continue sinking money into turning around the brand or would you unload it as soon as you got a decent price?
After years of lamenting the "death of the car" and the rise of the SUV and CUV, fans of the sedan are finally seeing things turn their way. Last month, for the first time in roughly 20 years, cars outsold trucks (Pick-ups, SUVs, CUVs and minivans).
Soaring gas prices has forced more Americans to buy smaller cars.
A top aide to billionaire investor Kirk Kerkorian says Ford Motor should sell its Volvo and Mercury brands.
At long last the gas price surge has hit a point where truck and SUV sales are hurting. How bad is it? Look at the awful April numbers for truck sales.
Major automakers reported lower April sales across the board as record-setting gas prices stemmed vehicle purchases, with truck sales seeing especially steep falls.
The destruction of the orange sedan with its slapdash paintwork may have been intentional but it was far from wanton.
Stocks finished slightly lower Wednesday as another rate cut and no indication from the Federal Reserve that it plans to stop anytime soon killed an earlier rally.