Kandi: China’s Non-Tesla Electric Car Maker
About all that Kandi Technologies has in common with that other electric car maker -- Tesla Motors -- is that both companies use lithium ion batteries and both have seen their stock prices soar…
Cars and Drivers
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Newest first · Page 258Chrysler Joins Recall Parade
courtesy of Fiat SpAChrysler Group has issued a recall notice for 18,092 model year 2014 Fiat 500L vehicles to repair a defect that may have a delayed effect or no effect at all when…
Can “Need for Speed” Boost Mustang Sales?
courtesy of FordThe film “Need for Speed” posted poor first weekend ticket sales of just $17.8 million, which was a disappointment given the huge public relations and marketing effort put into the release. “Need…
Tesla’s Musk Blisters Christie Over Sales Ban
Courtesy of Tesla MotorsElon Musk, CEO of Tesla Motors Inc. (NASDAQ: TSLA) wrote in a Friday post on the company’s official blog that if anyone believes that the state of New Jersey’s ban on…
Fire Risk Forces Honda to Recall Nearly 900,000 Minivans
Honda Motor Corp.Honda Motor Corp. (NYSE: HMC) plans to recall more than 886,000 Odyssey minivans manufactured in the company’s Alabama plant between 2005 and 2010. The cause of the recall is a defective part…
Ten Cars People Won’t Buy
Ferrari SpAAuto dealer inventories are at five-year highs. The most important effect of this for consumers is that dealers and car companies will soon open up another aggressive round of discounts and attractive financing to…
NY Auto Dealers Revving Up for Battle With Tesla
Auto dealers in New York failed last April to get a state court to reverse a ruling by the state's motor vehicle department approving the direct sale of its cars by Tesla Motors. But…
Car Inventories Reach Five-Year High, Discounts Likely to Increase
ThinkstockCar inventories have reached a level last posted toward the end of the recession, hitting a five-year high. The average car currently spends more than 60 days on the lot. This trouble for auto…
Six-Year Car Loan Becomes Standard
ThinkstockOne of the contributors to the rise in sales of cars and light trucks in the United States has to be the extremely attractive financial packages that automakers offer. Among these is the ability…
Toyota’s Japanese Workers to Get Pay Hikes
Wikimedia CommonsToyota Motor Corp. (NYSE: TM) announced Wednesday morning that the company would raise workers’ base pay by 0.8% or $26 a month at the beginning of the new fiscal year that starts April…
Will Its Bankruptcy Bail GM Out of Recall Liabilities?
GM has been taking it on the chin over its recalls. With congressional inquiries and investigations picking up, this sounds like it is really bad news. But the impact on the stock price so…
GM Offers Owners of Recalled Cars a Loaner, Cash Back on New Purchase or Lease
GM has notified its dealers that they may provide owners of models identified as having the ignition switch defect with towing service, a loaner car and an offer of a $500 cash allowance on…
Tesla Loses New Jersey Sales Fight, Now Tries to Save Ohio
The New Jersey Motor Vehicle Commission on Tuesday voted to ban the direct sales model used by Tesla Motors to sell its cars. The next battleground state for Tesla is Ohio, where company officials…
How Low Can GM Go If It Faces Criminal Charges?
Despite there being a good possibility that GM will not face any legal liability for the 13 deaths caused by an ignition defect in 1.4 million cars built between 2003 and 2007, that will…
Toyota Named Most Valuable Car Brand
Toyota has been named the world's most valuable car brand, according to a new study by Brand Finance. Immediately behind it are three German brands: BMW, Volkswagen and Mercedes-Benz. No American brand made it…