GM Taking Massive Charge to Slash Russian Business
General Motors has announced it will shut down its St. Petersburg, Russia, factory by mid-year and revamp its product offerings in the country.
Cars and Drivers
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Newest first · Page 224Is the Most Bearish Call for Tesla by Merrill Lynch Finally Making Sense?
Merrill Lynch has continued its negative campaign against Tesla Motors, reiterating an Underperform rating with a street-low price target.
Auto Financing at Record Highs
Whether U.S. consumers are purchasing a new car or a used model, the odds are very high that an auto loan is involved.
Tesla Fires China Staff as Sales Falter
Reports from China indicate that Tesla has fired 30% of its Chinese staff due to poor sales.
Can Tesla Sell 12,000 Cars This Quarter?
If Tesla cannot sell 12,000 cars worldwide this quarter, analysts will fairly start to question whether Tesla can keep its reputation as one of the fastest growing car companies in the world.
Porsche Posts Record-Setting 2014 Sales
The Porsche division of Volkswagen said on Friday that it had a record-setting year in 2014.
BMW Posts Record Sales, Revenues, Profits in 2014
BMW disclosed its 2014 results Thursday morning, and the company said that it had its fifth consecutive record-setting year.
Volkswagen Raises Dividend, Worries About Global Economy
Volkswagen reported Thursday morning that unit sales in 2014 rose 5% and its operating profit rose 8.8%.
Customers Can Get New Tesla P85D This Month
Why wait for the new P85D Tesla super car that sells for as much as $105,670? Tesla will start to deliver the cars this month.
Russian Car Sales Plunge 38% in February; GM and Ford Sales Twice as Bad
AvtoVAZSales of new cars and light commercial vehicles in Russia declined by 78,228 units last month compared with the February 2014. Russian consumers purchased 128,298 light vehicles in February compared with 206,526 a year…
Will Air Pollution Kill the Car Market in China?
Sales of cars in China may reach 21 million this year, but the future of the growth will collide with the nation's raging air pollution problem.
Why GM Is About to Repurchase So Much of Its Stock
Monday morning, General Motors reaffirmed a strong and growing dividend policy and it authorized a $5 billion share repurchase program.
Chrysler Recalls 1 Million Vehicles in 2-Week Period
Owners of some 700,000 Chrysler SUVs and minivans are being notified to bring their vehicles in for a repair to the ignition switch.
Why Jaguar Sales Have Crumbled
Despite strong reviews of its new F-TYPE, Jaguar sales on the United States have crumbled. Is Jaguar too small with too few resources to compete in a crowded market?
Toyota Prius Continues to Lead Hybrid Car Sales
It seems no company other than Toyota is likely to crack the hybrid sales market, despite brand popularity, advertising budgets, dealer networks and manufacturing prowess, at least not in the foreseeable future.