The company became the first automaker to repay money borrowed under the Advanced Technology Vehicle Manufacturing program.» Read More
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.
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).
Take that GM doubters. In the last month there's been a growing chorus of investors and auto industry followers who have started to question if the General Motors turnaround had stalled. It looks like the naysayers are a bit overzealous in their predictions of gloom and doom.
Talk about coming of age. The Beijing Auto Show and China's auto market are making a statement this week. It's loud and clear: "We are world players!" In fact, it brings up the question about whether this show and the Chinese market are bigger than the Detroit Show and U.S. Market?
Hybrids are finding growing acceptance around the country - including the Midwest, although the West Coast , thanks to California, is still the largest market.
There are hook-ups that work, and hook-ups that don't. In the car business, there are many that fail to live up to their promise. Which has many people wondering if the partnership formed between Chrysler and Nissan will pay off for both companies. I think it will. In fact, it's a smart move for both companies.
Chrysler and Nissan Motor unveiled a production alliance on Monday that gives the U.S. automaker the small car it lacks and allows the Japanese company to stay in the competitive full-size U.S. pickup truck market.
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.
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.
Japan's Nissan Motor recalled on Monday 313,033 Serena mini-vans in Japan because of faulty oil feed pipes.
GM and Ford reported double-digit U.S. sales declines in February in the face of a slumping economy and high gas prices.
We knew they would be bad, and they were. In fact, February auto sales make it clear, the consumer is tired, nervous, worried: you-fill-in-the-adjective. Look at the numbers: GM down 16.7 percent (including trucks down more than 22 percent)
Nissan Motor, Japan's third-biggest automaker, reported a 16 percent rise in quarterly profit on Friday, helped by the popularity of vehicles such as the Rogue and Qashqai SUVs, and stuck to its forecast for a small gain for the full year.
Top Japanese automakers are due to report higher third-quarter earnings led by strong overseas sales, but the next few quarters could see profits fall as the dollar weakens against the yen.
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With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.
After 2 days of watching a slew of new models be introduced at the Detroit Auto Show, some impressions. 1. The Nissan GT-R is even more spectacular in person than I thought it would be. it a Corvette "killer" that will replace the American sports car as the speedster that delivers the best bang for the buck?
Ford Motor plans to to return its North American operations to profitability in 2009 are progressing well and are not affected by signs of slowing U.S. economic growth, top officials said Sunday.
Conquering the fast-emerging markets of Brazil, Russia, India and China, commonly referred to collectively as BRICs, is the main priority for Nissan Motor, a top executive said on Sunday.