Cars sales may best represent the recovery of the consumer economy. People who can spend $20,000, $30,000 or even $40,000 must have confidence in their prospects. Otherwise, why take on ... Read Full Story »
The European Automobile Manufacturers Association reported that car and light truck sales in the region fell by 5.8% in December as demand in Spain and Italy was crushed. Total registrations in ... Read Full Story »
Americans have several options to fight high gas prices. They can stay at home, use public transportation, join car pools, shop online, or buy new fuel-efficient vehicles. Auto manufacturers have ... Read Full Story »
Honda Motor (NYSE: HMC) announced it third quarter earnings and raised it full-year net income forecast to 530 billion yen from 500 billion. Honda said its optimism was based on ... Read Full Story »
Chrysler's prospects for 2010 seemed so promising. The company's management, captained by Fiat chief Sergio Marchionne, was optimistic about the year as the No.3 US car firm shaved its loss ... Read Full Story »