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So I come back from vacation, and while I feel refreshed, I find most of the folks I deal with in the auto industry are tired, sluggish, and looking for a break. I can't blame them. This is a rough time in the car biz, and I don't think it will get better.
After several years of steady growth, even as the rest of the market slowed down, the luxury auto segment is finally hitting the brakes. I'm not surprised, nor should you be. In fact, I will not be surprised if the slower luxury sales last a while.
Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.
New hope that the credit crisis is nearing an end sends stocks soaring as investors say good riddance to Q1. Also, the latest on Microsoft-Yahoo, Merck and Schering and more.
Automakers reported double-digit U.S. sales declines in March as demand for trucks and sport utility vehicles plummeted and consumers held back because of concerns about gas prices, the housing slump and tightening credit.
Independent truckers around the country pulled their rigs off the road and others slowed to a crawl on major highways in a loosely organized protest of high fuel prices.
There are some commonly held perceptions among car buyers that are getting tossed out the window right now. The biggest, in my opinion, involve the incentives dealers and automakers are rolling out to sell cars, trucks, and SUVs. So, with the March auto sales coming out, it seems appropriate to set the record straight.
Major automakers are expected to report lower U.S. vehicle sales for March Tuesday, ending the first quarter on a weak note and adding to evidence that the housing slump and tighter credit have crimped demand.
You've probably heard that Tata Motors--producer of the least expensive new car on the planet, the $2,000 Nano--is buying Jaguar. I always wanted a Jag. Even when people joked that you needed to own two because one was always broken down, I wanted one.
They're some of the S&P's best performers today and with good reason.
With summer driving season around the corner, and the cost of gasoline at record highs, pain at the pump has become an everyday reality. And that has some automakers shifting their focus to alternative fuels, like hydrogen cells.
India's Tata Motors Wednesday announced a $2.3 billion deal to buy Jaguar and Land Rover from Ford Motor Co, in a transaction that gives the emerging Indian automaker a model line-up ranging from ultra-cheap to high-end luxury.
The e-mail jumped off the screen at me. It came in earlier this week when I asked you why we have not seen a "game changing" car, truck, or SUV in a while. Ray wrote of his interest in Chevy's electric/gas hybrid Volt currently in development.
India's Tata Motors geared up for a bigger international presence on Wednesday with the expected announcement of its $2 billion-plus purchase of luxury brands Jaguar and Land Rover from Ford Motor.
The trade ahead of Wednesday's durable goods report.
Worried your car might get stolen? Want to keep track of your loved ones? With "Snitch" you can pinpoint the location of your vehicle, or someone else's, anywhere, anytime.
The clock is ticking at Ford. By the end of 2009, the company has targeted that it will be back in the black. That's less than 2 years away and with the economy slowing down, you might be looking at that deadline and wondering if Ford is going to make it.
After months of talks, the Ford Motor Company and Tata Motors may finally have a deal.
Mojo, Buzz. You pick the adjective. The auto industry is lacking the one car, truck, or SUV that everyone is talking about. You know, the one model getting attention, good or bad. Think Hummer from 5 years ago. Or the Prius 3 years ago.