Asian stocks were mixed on Friday, as focus turned to the release of U.S. jobs data for clues on when the Fed could cut back its stimulus program.» Read More
It's a major achievement Chrysler should rightfully be proud of. But it also highlights the next challenge for them, as well as GM and Ford: closing the "perception gap." First, here's the good news for the Big 3 on assembly plant efficiency.
It's not often that an e-mail makes me stop and say "Hmmmmm. Do a lot of people feel the same way?" But, this one from Nathan did just that.
It's MINI that may be best positioned right now. WIth sales up 29.9% this year, The MINI Cooper and Clubman are compact cars with the unique combination of style and fuel efficiency in a tight little package.
Ford Motor warned on Thursday that it no longer expects to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.
In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S.
Nippon Steel and other big Japanese steelmakers have reached broad agreement with Toyota Motor to raise steel prices by more than 30 percent, the Asahi Shimbun daily reported on Thursday, boosting the price of steel firms' shares.
The future of mass market quantities of electric cars is getting a big push today from one on the more "electric" leaders in the auto industry. Nissan/Renault CEO Carlos Ghosn is expected to announce his company plans to sell its first electric cars in the U.S. by 2010--according to the New York Times.
The Nissan Motor Company plans to sell an electric car in the United States and Japan by 2010, raising the stakes in the race to develop environmentally friendly vehicles
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.
This auto-parts company is slashing costs but the Street isn't paying attention. That doesn't mean you have to miss it.
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.