Asian shares were a lackluster sight on Monday, with major indexes across the region registering steep declines.» Read More
You hear it all the time: market share doesn't matter, profits do. True, at the end of the day I'd rather have a profitable automaker selling fewer vehicles than a money loser leading in market share.
“With the content going into new cars and trucks, the costs will have to be passed along to buyers,”says John Humphrey, Senior Vice President of J.D. Power.
In a city where it's all about building buzz, the auto industry is quietly generating the kind of optimism it hasn't seen in at least five years.
Kelley Blue Book is the go-to resource for new car shoppers with performance and resale value in mind. CNBC.com presents Kelley's list of 10 cars with the best resale value for 2013.
If the upcoming L.A. Auto Show is any indication, American motorists are in for a green holiday season. NBCNews.com reports.
General Motors, just three years out of bankruptcy, is taking a big step to bolster its captive finance operations overseas. The world’s largest automaker bought the international operations of Ally Financial for $4.2 Billion.
"By any measure this is an incredible turnaround for a company whose very survival was once in question," CEO Marchionne said at Chrysler's Mack Engine Plant.
During the final weeks of the presidential campaign, Republican nominee Mitt Romney called Tesla a “loser.” Romney was lumping Tesla in with Solyndra, Fisker, A123 and lithium-ion cell maker Ener1.
Let’s get something straight. As much as Ford Motor may not want to admit it, the new Transit Connect Wagon is basically a minivan.
Wrap your head around this. By 2035, the number of vehicles on the road worldwide will double to 1.7 billion. Yes, that's billion with a "B". That's the latest forecast from the International Energy Agency.
Fifty-five years after Toyota became the first Asian automaker to sell cars in the U.S., the Far East has climbed to the top of the mountain with American car buyers.
While the U.S. economy continues to face challenges following the presidential election, PIMCO’s Neel Kashkari called out additional headwinds and touted one stock with potential Wednesday on CNBC.
I doubt we'll ever be able to quantify exactly how many votes in Ohio and Michigan Governor Mitt Romney lost for the way his campaign bungled the issue of the auto bailout.
YOKOHAMA, Japan, Nov 6- Counting the cost of anti-Japanese protests in a territorial dispute with China, Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, and said it had lost share in its biggest market.
YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by 20 percent to 320 billion yen, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
*Toyota shares up 2.2 pct ahead of Q2 results. TOKYO, Nov 5- Toyota Motor Corp nudged its full-year net profit forecast up to $9.7 billion, even as it put the cost of recent anti-Japanese protests and a slowing economy in China, the world's biggest autos market, at lost sales of 200,000 cars.
TOKYO, Nov 5- Toyota Motor Corp raised its full-year net profit forecast to $9.7 billion even after its sales in China, the world's biggest autos market, were battered by a popular backlash against Japan over a territorial dispute.
TOKYO, Nov 5- Japan's Toyota Motor Corp raised its full-year net profit forecast by 2.6 percent to 780 billion yen even after sales in China, the world's biggest autos market, virtually halved following a popular backlash against Japan in a territorial dispute.
*Toyota less likely than rivals to cut FY f'casts on China row. *Toyota shares up 20 pct YTD, easily beating Honda, Nissan. This year has seen improved sales in the United States, Toyota's biggest market, and in Southeast Asia.