GM Adds Another Fire Warning to Previous Recall
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) issued a recall in late June on about 184,000 SUVs that the company had identified as being susceptible to a fire caused by a short circuit in the…
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Newest first · Page 242Can Nissan Be the Next Chrysler?
Among the top 20 best-selling cars in the United States for the month of July are two vehicles from Nissan: the compact Sentra and the mid-size Altima. A third model, the Rogue compact SUV,…
Why Toyota Profits Soared
Toyota posted impressive results for its most recent quarter, which ended June 30. One factor drove most of the improvement -- surging sales in the U.S. market.
Why BMW’s Profits Soared
courtesy of The Car Spy, via Wikimedia CommonsBMW’s profits rose sharply in the second quarter of the year. There were several reasons for the improvement. First among them was the success of the manufacturer’s…
July Auto Sales Winners and Loser
courtesy of General MotorsNew light vehicle sales in July did not match the high expectations that analysts had for the month. Kelley Blue Book (KBB) expected sales of 1.465 million units and edmunds.com forecast…
Nissan Sentra Sales Surge 54% in July
NissanNissan’s Sentra had the largest percentage increase in sales among the 20 top-selling cars and light trucks in July — up 53.7 % to 17,579. And it is in a very competitive sector of…
Mobileye IPO Brings Driverless Technology to the Front Page
There was not a more explosive initial public offering last week than Mobileye, which priced at $25 a share and opened trading Friday morning at $36. The stock hit a peak of $39.40.
Mercedes, BMW, Audi: Face-Off in the Luxury Car Market
BMW GroupJust like effective bank robbers, companies that want to earn handsome profits have to go where the money is. And there’s no one more stuffed with the money than the rich, who, by…
Cadillac Has Another Bad Month in July
July might be called the month of the luxury car. Sales of BMW, Mercedes and Audi rose sharply. But the luxury division of America's largest car company continues to struggle.
Ford F-Series Leads Cars Sales, Again
Holding its spot as the top-selling car or light truck in America, Ford's F-Series pickup led the monthly U.S. car sales list again in July. It is a performance that has recurred almost every…
What Drove Mobileye 50% Higher After Premium IPO Pricing
Ford Motor Co.A company that makes the camera systems and develops software and other technologies for advanced driver assistance systems (ADAS) is leaving the starting line with the pedal really pressed to the metal.…
GM Sales Rise 9% in July on Demand for Pickups, SUVs
General Motors posted total July sales of 256,160 vehicles, up 9% year-over-year. Retail sales rose 4%. The massive recalls don’t seem to be hurting GM.
Sales of Explorer, Escape SUVs Boost Ford Sales 10% in July
Ford posted a U.S. sales rise of 10% year-over-year in July, to 212,236 Ford and Lincoln vehicles, compared with July 2013 sales of 193,715. Sales of the company’s best-selling Fusion rose 17%.
Chrysler’s Sales Soar 20% as Jeep Sales Rise 41%
courtesy of Fiat Chrysler AutomobilesChrysler’s year-over-year sales rose 20% in July to 167,667 units, the company’s best July sales level since 2005. The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands all posted year-over-year…
Tesla Keeps Growing Deliveries and Revenues
courtesy of Tesla MotorsTesla Motors, Inc. (NASDAQ: TSLA) has reported is set to report earnings after the close of trading on Thursday. Net income was $16 million, or $0.11 in earnings per share on…