June 30- Pep Boys- Manny, Moe& Jack, an auto parts retailer, said it was considering putting itself up for sale, as it embarks on a strategic review barely two weeks after it named a new chief executive. Private equity firm Golden Gate Capital and other suitors had expressed interest in buying Pep Boys, the Wall Street Journal reported in May, citing people familiar with...» Read More
I'm in Asia for the next two weeks, covering stories. One of them is the Beijing Auto Show and I hope to have some posts about that. Please look for them in the days ahead.
When I heard that Toyota is finally getting into the sports car business two thoughts jumped into my head. First: it's about time. Second: those who accuse me of fawning all over the Japanese automaker will have a field day.
General Motors, America’s largest carmaker, looks ready to drive off into the sunset. What’s the treatment for saving this sick Dow component
Figuring out how crash tests impact consumers is a tricky thing. Yes, if we see a model perform horribly, we'll talk about it and that model will likely see weaker sales. But when models improve, do we notice? What if they only rate as adequate?
The auto world may increasingly be steering itself towards doing business on the web, but at Ford, it's time to see if TV can still help shape the brand and image of a company. This week, Ford starts rolling out its "Drive One" marketing campaign, with TV spots hitting the airwaves. Ford execs are laying out the campaign for dealers at meeting in Las Vegas...
European corporate profits for the first quarter of 2008 are expected to hold up, but weaker economic growth resulting from the credit crisis and a stronger euro will take their toll on earnings later in the year.
Hyundai Motors, opened a $1 billion plant in China on Tuesday with partner Beijing Automotive, part of an aggressive expansion that could turn the mainland into its largest overseas market by 2010.
Also, the premeire trucking stocks, the best Cuba play and much more.
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.