GM Sales Rise Sharply Despite Recalls
When automakers reported May sales Tuesday morning, General Motors posted a gain of 13% year-over-year. Retail sales of all the company's brands are up year-to-date.
When automakers reported May sales Tuesday morning, General Motors posted a gain of 13% year-over-year. Retail sales of all the company's brands are up year-to-date.
courtesy of ChryslerAutomakers reported May U.S. sales throughout the morning Tuesday, and sales for the month at all carmakers except Volkswagen were higher. The German firm’s sales were down more than 15% year-over-year in…
GM's Chevy division sells its flagship Corvette Stingray Coupe for under $54,000. Since the car ranks as a world-class sports vehicle, in theory it should sell for much more.
Ford Motor Co.How frightened are car companies of public opinion, personal liability suits, the National Highway Traffic Safety Administration and Congress? Frightened enough to recall cars they might not have in the past, or ones…
courtesy of Ford Motor CompanyIt seems as though the pace of car recalls is still on the rise, and not just from General Motors Co. (NYSE: GM). On Thursday we have seen multiple recalls…
Fiat ChryslerThere’s a method — and a business plan — behind the apparent madness. More details are slowly emerging about Fiat Chrysler’s (OTC: FIATY) upcoming supercharged muscle car, the 2015 Dodge Challenger SRT “Hellcat.” We…
Google Inc.Google Inc. (NASDAQ: GOOG) announced earlier this week on the company’s official blog that it plans to build about a hundred of its prototype driverless cars and begin testing them on city streets…
Intel may have missed out on the smartphone and tablet revolution, even as it continues to dominate in PCs and servers. Now in its push toward the Internet of Things, Intel plans more for…
GoogleGoogle (NASDAQ: GOOG) announced Tuesday that it has begun building prototypes of a fully self-driving car. The search engine giant won’t be offering the new car for sale, at least not yet. These prototypes are intended…
NissanNot all sport utility vehicles (SUVs) cost north of $30,000. And not all SUVs have fuel mileage ratings in the high teens. U.S. drivers are willing buyers of SUVs — in all sizes —…
Toyota To hear some analysts and auto enthusiasts tell it, it’s a done deal: The car of the future will be battery-powered. That’s the big bet that Tesla Motors (NASDAQ: TSLA) and its investors…
Standard & Poor's examined Tesla's debt and did not like what it saw. It issued a B- rating, which is below the level that categorizes the debt as junk. The assessment may be fair.
Ford Motor Co.U.S. cars sales for May are expected to rise 6.7% to the highest level for any May since 2007. Total sales for the month should hit 1.54 million. Nissan and Chrysler will lead the…
The Google driverless car has taken another step toward becoming a real consumer product with real sales. It will launch cars onto U.S. streets this year.
Courtesy of Tesla MotorsTesla Motors, Inc. (NASDAQ: TSLA) is not exactly the sort of company you think of with a corporate credit rating call. Standard & Poor’s has issued a rating of “B-” to…