The improbable recovery of Chrysler continues, just three years after a government supported Chapter 11. Most analysts believed that Chrysler would never have the funds to launch enough new vehicles ... Read Full Story »
SIRIUS XM Radio Inc. (NASDAQ: SIRI) may have gotten through its earnings report without much reaction, but at least one analyst has voiced some caution. The team at Gabelli & ... Read Full Story »
Toyota (NYSE: TM) has finally started its US sales comeback, after over a year of shocking volume drops due mostly to the Japanese earthquake and low supplies of parts. The ... Read Full Story »
On April 26th, Gores Group LLC asked Pep Boys - Manny, Moe & Jack (NYSE: PBY) to delay a special shareholders meeting by 30 days in order to give the ... Read Full Story »
Car rental firm Avis Budget Group Inc. (NASDAQ: CAR) revised its first quarter and full-year forecasts sharply this morning, putting a bit of fuel in the tanks of competitors Hertz ... Read Full Story »
The Beijing Auto Show is about to end. It may be the most disappointing of the world's large gatherings of car executives and their new products this year. One of ... Read Full Story »
Higher revenues and profits in its North American region boosted first-quarter results at Ford Motor Co. (NYSE: F). The company posted EPS of $0.18, well above the consensus estimate of ... Read Full Story »
Some people around the world are doing very well financially. Starbucks (NASDAQ: SBUX) is selling a record number of $5 coffee drinks. Daimler’s results were unexpectedly strong as Mercedes sales ... Read Full Story »
A year ago, most car company analysts believed that the key to big profits for large manufacturers was an abundance of overseas sales. That has turned out to be untrue for ... Read Full Story »
Auto industry research firm truecar.com released its sales and incentives forecast for April today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of ... Read Full Story »
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue ... Read Full Story »
Ford Motor Co. (NYSE: F) is getting its reward for dodging bankruptcy during the financial crisis, something that its US rivals General Motors Co. (NYSE: GM) and Chrysler were not ... Read Full Story »
The important Auto China 2012 show has allowed many large manufacturers to increase their commitment the People's Republic. This is based on the fact that it is the world's largest ... Read Full Story »
Car sales by gender in 2011 pretty much reflect what you’d expect. Men prefer fast cars and big SUVs and pickup trucks. Women favor smaller, more fuel efficient vehicles. Men ... Read Full Story »
Ford (NYSE: F) plans to increase it production facilities and dealer outlets in China two-fold by 2015. The No. 2 US car firm said it would build a $760 million ... Read Full Story »