Autos

Cadillac Needs to Slash Prices to Save Itself

Posted: April 19, 2018 at 6:25 am

Cadillac's results in the United States are so horrible that it cost the luxury brand's longtime President Johan de Nysschen his job. Since the brand has little cachet in America ...
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European Auto Sales Down 5% in March; Ford Passes FCA

Posted: April 18, 2018 at 8:00 am

The European Automobile Manufacturers Association (ACEA) reported Wednesday that new vehicle registrations in the European Union (EU) fell by 5.3% in March compared with those in March of 2017. New ...
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Tesla Gets Good News and Bad News

Posted: April 17, 2018 at 11:45 am

Late Monday a report hit the wire that Tesla Inc. (NASDAQ: TSLA) was stopping production of its Model 3 sedan for about a week in order, the company said in ...
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How to Avoid Being One of 8 Million Drivers AAA Will Rescue This Summer

Posted: April 17, 2018 at 8:30 am

Consumer auto services provider AAA expects to provide roadside assistance to 7.7 million U.S. motorists this summer. Last year a full two-thirds of these calls for assistance were asking for ...
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Question of Whether Elon Musk Is Telling the Truth

Posted: April 17, 2018 at 6:25 am

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has disappointed investors repeatedly, based on flawed predictions of car production and sales. His reliability as much as anything else has hurt Tesla's ...
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Why Volkswagen May Want to Acquire Navistar

Posted: April 16, 2018 at 12:00 pm

While the transition period from one chief executive officer to another has barely gotten started at Volkswagen, some big changes may already be afoot. VW's commercial-vehicles unit, Volkswagen Truck & ...
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America’s Longest-Lasting Cars

Posted: April 15, 2018 at 9:10 am

The average age of a vehicle still being driven in the United States is about 12 years. That's a long time and at an average number of miles driven per ...
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As Car Sales Drop, Thousands of Jobs at Stake

Posted: April 14, 2018 at 8:05 am

General Motors Co. (NYSE: GM) laid off over 1,000 at a plant in Ohio. The Chevy Cruz, a small sedan, is made at the facility. It is a low-priced, high-mileage ...
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Tenneco Pays Icahn $5.4 Billion for Federal-Mogul

Posted: April 10, 2018 at 9:40 am

Auto parts maker Tenneco Inc. (NYSE: TEN) on Tuesday agreed to acquire Federal-Mogul from Icahn Enterprises L.P. (NYSE: IEP) in a cash and stock deal valued at $5.4 billion. Under ...
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Is Infrastructure Really a Good Reason to Buy GM Shares?

Posted: April 9, 2018 at 2:00 pm

Many investors look at the same company with a different set of eyes from each other. This is routinely seen when analysts get the same exact news, and one analyst ...
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Mercedes Surges Ahead of BMW in US Car Sales

Posted: April 9, 2018 at 6:20 am

There was a time when the U.S. sales race between Mercedes and BMW was a close one. That is not the case anymore. Mercedes took a large lead over its ...
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Ford Continues to Underperform Rivals

Posted: April 8, 2018 at 8:22 am

Ford Motor Co. (NYSE: F) had a strong sales month domestically in March. However, it still lags it major competitors, General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: ...
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Ford Recalls 350,000 F-150s, Expeditions for Roll Away Issue

Posted: April 6, 2018 at 12:20 pm

Ford Motor Co. (NYSE: F) on Friday announced a recall of about 350,000 2018 model year F-150 pickups and Expedition sport utility vehicles to repair a problem with the 10-speed ...
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Ford Escape SUV Scores ‘Poor’ in Safety Test

Posted: April 4, 2018 at 2:00 pm

The Insurance Institute for Highway Safety (IIHS) on Wednesday reported the result of recent crash tests conducted on seven small sport utility vehicles. Of the seven, five were rated "good," ...
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Auto Loan Interest Rates Reach 9-Year High

Posted: April 4, 2018 at 1:20 pm

If you've been shopping for a new car and haven't seen many offers for 0% financing, you're right. As a percentage of all car loans, 0% financing is expected to ...
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