This is not the usual place Lexus finds itself late in the year. Toyota's upscale brand is usually leading the luxury market in sales. Not this year.
And that new Hewlett-Packard CEO? Yeah, he’s a “nobody,” Cramer said.
As Ford begins to reboot Lincoln, Alan Mulally has made it clear Ford will give Lincoln a steady supply of new models for the next several years. That sends a message to Lincoln dealers.
U.S. auto sales in September for GM, Ford, Chrysler as well as Toyota, beat estimates, showing some gains in the still sluggish auto market. GM said Friday that its core brand sales for the month of September were up 22.1 percent compared to estimates of 17.5 percent.
We've known for some time that Lotus is revving up for a comeback. Now we are seeing just how serious the owners of the British auto maker are about coming back strong. At the Paris Auto Show they've unveiled five models, including a few that are near production ready.
German car maker BMW said Friday it will recall 198,000 cars in the US because of potential problems with the brakes while press reports put the total number of vehicles recalled across the world at 345,000.
Looking to rev up slumping sales in the beleaguered golf industry, Callaway announced today a strategic partnership with automaker Lamborghini in the quest to find the strongest, lightest and most durable materials.
He wants to talk about GM remaking itself with an emphasis on new models, fixing its Opel division in Europe and growing the Chevy brand worldwide.
The Paris Auto Show is typically one of the great showcases for the auto makers from all over the world. Sure it's the "home" show for Renault, Peugeot, and Citreon, but every automaker looks to make a statement in Paris.
According to analysis in the American Journal of Public Health 16,000 people died in texting and driving accidents between 2001 and 2007. Even more frightening is the warning that the problem is getting worse.
Want to roll like a player but don't have the wallet of a high-roller? Don't sweat it. Here are 10 items to upgrade your lifestyle — for less.
Warren Buffett and his traveling companions started their visit to China earlier today in Shenzhen with a show of support for electric-car maker BYD. Berkshire Hathaway owns a 10 percent stake in the company.
Warren Buffett's backing gave Chinese battery and automaking tycoon Wang Chuanfu a huge boost, and on paper represents at least a six-fold return on the investment.
There's an interesting new trend developing with American car buyers. Because of the economy, they are being much more judicious about the type and size of car they buy.
The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely sell a relatively small portion of its 61 percent stake in the company, according to people with knowledge of the preparations, reports the New York Times.
Chrysler says it has suspended some plant workers caught by a Detroit television station drinking alcohol and smoking what appeared to be marijuana during breaks.
Thailand's automobile industry is making a strong comeback following the global financial crisis, supported by robust recovery in demand.
GM’s political action committee has given $91,500 in contributions so far in 2010, according to new campaign disclosure filings with the Federal Election Commission. Those contributions went to Republicans and Democrats almost evenly, and were heavily directed toward Michigan lawmakers who have long been friendly to the auto industry.
By the time GM goes public, many taxpayers will be ticked off about how the company is being run. That's understandable given the nature of the federal bail out. Now those people need to realize GM is a company working towards independence and towards making choices they may not like.
Here's something to think about: a Chinese company taking a stake in General Motors. Does it scare you? Or does the idea leave you shrugging your shoulders and saying, "so what?"