Autos - Page 2


Mercedes-Benz Sales at All-Time High

For the first six months of 2014, Mercedes-Benz reports that it has sold 783,520 vehicles, up 12.8% over sales in the first half of last year and the best six-month ...
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Used Car

Is That Used Car a Good Value or a Scam?

We have all heard the warning, "If it sounds too good to be true it probably is." And if you're in the market for a used car this weekend, you ...
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Car Wreck

Americans Scrapped 11.5 Million Vehicles Last Year

Older cars have to go somewhere eventually. And that place is the junkyard. Americans scrapped 11.5 million vehicles in 2013. While that level is the lowest in almost a decade, ...
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Ford hybrid

Lincoln and Cadillac Lose Ground in Luxury Market

The turnarounds of Ford Motor Co.'s (NYSE: F) Lincoln brand and General Motors Co.'s (NYSE: GM) Cadillac suffered setbacks in June. While sales of primary rivals BMW, Mercedes and Toyota ...
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VW SouthAmerica

VW’s Sales Drop 22% as U.S. Troubles Cripple

Volkswagen's efforts to break into the world's second largest car market continue to fail. Its sales in the United States dropped 22% in June to 28,827. As its market share ...
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Ford Sales Down 6% as F-Series Drops 11%

Ford Motor Co. (NYSE: F) reported that June sales fell 5.8% year-over-year from 235,643 units to 222,064 Ford and Lincoln cars and trucks. Part of the decline was due to ...
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Buick Sales Up 18%, Moves GM 1% Higher in June

General Motors Co.'s (NYSE: GM) June sales rose only 1%. If it had not been for an 18.4% improvement in Buick, GM corporate sales would have dropped. Total company sales ...
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Jeep Cherokee

Jeep Sales Rise 28% to Drive Chrysler’s Sales 9% Higher

Chrysler's year-over-year sales rose 9% in June to 171,086 units, the company's best June sales level since 2007. Jeep, Dodge, Ram Truck and Fiat brands all posted year-over-year gains in ...
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2014 Cadillac ELR

GM Recall Charges Could Wipe Out 50% of Profits

When is an accounting charge wrong? Usually when it is too low. General Motors Co. (NYSE: GM) has set aside $1.2 billion as a charge to earnings for the current ...
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GM Recalls Spur Lawsuit by Orange County, California — Update

UPDATE: Bloomberg News reports that the district attorney of Orange County, California, has file a lawsuit against General Motors Co. (NYSE: GM), accusing the automaker of concealing defects in ...
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Audi R8-2014

Audi Replaces BMW as World’s Top-Selling Premium Car

For the first time ever, Volkswagen's Audi division sold more cars worldwide in a month than did long-time premium brand leader BMW. Now if VW could only sort out its ...
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GM Will Pay Claims for Defective Ignition Switches

General Motors Co. (NYSE: GM) will pay millions of dollars, at least, to survivors and victims of crashes related to defective ignition switches in the company's vehicles. GM hired Kenneth ...
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A $6,800 American-Made Car

The least expensive cars available in the United States have been the lowest end vehicles from major manufacturers. Most cost a little less than $15,000 and are made for young ...
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GM June Sales Fall Sharply — a Recall Problem?

Carmakers are scheduled to announce June sales on Tuesday, and we thought we'd give you a preview of what some of the auto industry research and information firms believe will ...
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VW SouthAmerica

Volkswagen Sales to Plunge 16% in June

Volkswagen, already in deep trouble in the United States, is expected to have a drop in June sales of 15.8%, which is another sign that its recovery is improbable. According ...
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