Author: Phil LeBeau

After reporting the growth in auto loans to borrowers who do not have prime credit scores, I heard from a number of people who think this is bad news. Essentially, their concern is that auto dealers writing more loans for those with non-prime (below 680) credit scores shows the auto industry is going too far to close sales.    Read More

The price at the pump may be falling, but interest in buying a fuel-efficient model remains high. In fact, the latest survey on consumer attitudes shows saving money on gas is the top factor impacting what model car buyers are looking for.    Read More

Two days after being criticized for dropping direct ads on Facebook, General Motors said it will also stop running ads during the Super Bowl.    Read More

Two new models geared toward two very different buyers are the latest moves by Ford and GM.    Read More

Despite criticism for pulling its Facebook ads, GM is not changing its stance. The world's largest automaker believes that it is better served not running direct ads on the world's largest social network.   Read More

How many different brands of commercial vehicles are sold around the world? The answer: More than 200. All-together, those brands sold more than 79 million cars and trucks around the world last year. That was a new record.    Read More

In a world of large numbers, try wrapping your head around these digits: This year, the world is expected to set a new record with the sale of 80 million cars and trucks. Let me put that into perspective.   Read More

That’s the question the auto industry is asking after the Japanese automaker posted strong quarterly earnings, and a forecast for 2013 that centers around increased sales and earnings for the current fiscal year.   Read More

With Ford announcing it will increase production by 40,000 vehicles at its North American plants this summer, it's clear automakers expect summer sales to remain relatively strong.   Read More

Call it prosperity without a whole lot of pull, at least when it comes to investors. This is the new reality of the auto industry. Business is booming, profits are strong, investors are indifferent.    Read More