Toyota (TM) Recalls 6.4 Million Cars
Toyota (NYSE: TM) has recalled 6.4 million cars. These have been sold around the world. Its shares are off 5% on the news. The announcement comes just weeks after huge GM recalls.
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Newest first · Page 255Tesla to Finance Leases for Business Owners
On the company's corporate blog Tuesday, Tesla Motors announced a new leasing program for small and medium-sized businesses that the company said is a result of requests from business owners.
Chevrolet Equinox and GMC Terrain Take Top Safety Award
Only two mid-sized SUVs did well enough to take the top honor in a new safety rating by the Insurance Institute for Highway Safety tests. Six SUVs tested did not qualify for the coveted…
Ford Takes Its Turn as 434,000 Cars and SUVs Recalled
Ford issued two recall notices Monday morning on some of its best-selling cars, including Escape compact SUVs. The total number of vehicles involved is more than 434,000.
Former Transportation Secretary Blames GM for Hiding Ignition Switch Issue
GM may have been able to hide the problem of its defective ignition switches for more than a decade because the U.S. Department of Transportation did not want to launch an investigation.
GM to Add 1,400 Workers
courtesy of General MotorsLabel General Motors Co.’s (NYSE: GM) comeback from Chapter 11 as complete despite the massive recalls it faces along with related costs to replace parts and possible liability settlements. The largest…
Tesla Faces Threat as California Rebates for Electric Cars Run Out
courtesy of Tesla MotorsThe state of California’s fund to provide $2,500 rebates to state residents who purchase an all-electric vehicle has run out of money. Expectations are high that funding will be restored by…
Top 10 IPO of 2014: TrueCar Now Coming Public
ThinkstockOne of the big initial public offerings (IPOs) we identified for 2014 was online auto seller TrueCar. On Thursday the company filed its preliminary Form S-1 with the U.S. Securities and Exchange Commission (SEC)…
Will GM Have to Give Away 2 Million Cars?
The congressional attack on General Motors has reached the point where some officials want the nation's largest car company to pull 2.5 million recalled models off the road.
GM Sharply Increases Pickup Incentives
Chevy has entered the pickup incentive awards in earnest. The top three selling vehicles in the United States are pickups, led by Ford's F-150 and including Chrysler's Dodge Ram.
Mercedes Sets All-Time Sales Record
Mercedes-Benz set an all-time record for global sales in March. Mercedes' March numbers were part of a trend. The lack of major competitors means Mercedes has a clear road ahead.
New Vehicle Fuel Economy at Record High
ThinkstockNew vehicles sold in the month of March averaged 25.4 miles per gallon, the highest fuel-economy rating ever for new cars. Compared with October 2007, fuel-economy ratings on new cars sold have improved by…
Best-Selling Car in Norway: Tesla Model S
The second-largest market for the Model S from Tesla Motors is Norway. In fact, in March the Model S sold more cars than any model ever in Norwegian history.
VW Sales Trouble Grows
Courtesy Volkswagen AGVolkswagen’s attempt to become the world’s number one car company by unit sales runs through the United States. And the American market has not been kind to it. For the time being,…
March Car Sales Better Than Expected, Chrysler Leads
courtesy of Chrysler GroupAutomakers reported March U.S. sales throughout the morning Tuesday, and contrary to all predictions, sales rose across the board for all but one of the major carmakers. Apparently even the nasty…