ThinkstockIn a new report released Monday, the Center for Automotive Research (CAR) reckons that the federal government bailout of General Motors Co. (NYSE: GM) saved 1.2 million U.S. jobs and preserved $34.9 billion in…
courtesy of FordThe Mustang. Ford’s (NYSE: F) storied sports car, now aged, got a makeover. The publicity the new auto got was extraordinary. But, it did not help the No.2 U.S. manufacturers shares. The…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) and its chief executive officer, Elon Musk, could not do a single thing wrong. Sales of the company’s electric cars rose so quickly beyond expectations that…
courtesy of Ford Motor Company24/7 Wall St. is not a site about cars, although we write about the car industry often. Ford Motor Co. (NYSE: F) is treating the launch of its new Mustang…
Kyle Bass's Hayman Capital Management reportedly has taken a large stake in General Motors. Bloomberg TV reported that the fund manager has taken a large stake, although its size was not initially disclosed.
Courtesy Volkswagen AGU.S. car and light vehicle sales grew 8.9% to 1,245,325 in November. Most of the largest companies reported record sales. Two large global manufacturers were left well behind — Volkswagen and Hyundai. Each…
ThinkstockAutomakers reported November U.S. sales throughout Tuesday, and we will follow the reports and post results as they come in. Carmakers had another good month both in sales and in average sales prices. Two…
courtesy of National Electric Vehicle SwedenFor some reason, the latest owner of the SAAB car business believes it can resurrect an auto brand that is among the most thoroughly destroyed in the past several years. Saab…
ThinkstockCarmakers are expected to report November sales on Tuesday, and the consensus estimate calls for sales of about 1.2 million cars and light trucks, a gain of 3.6% over November 2012, according to Kelley…
Courtesy Ford Motor Co.Car companies are not exactly giving their products away, but as the year draws to a close many are gambling as they take on the burden of interest rates, normally carried…
Courtesy Ford Motor Co.Warren Buffett called Detroit land an asset of “huge potential”. That could only be true if the city’s finances were repaired enough so that tax revenue would outrun city expenses. For the…
courtesy of The Car Spy, via Wikimedia CommonsWhen the November car sales figures come out, one certain result will be that BMW, Audi, and Mercedes will post another month of double-digit growth. Perhaps the…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) has just recalled 161,000 2013 model year Escapes due to engine fire risks and 12,000 of the same model because of possible fuel leaks. Add these…
courtesy of General Motors Co.New car sales in 2013 are headed for the best year in more than five. An early forecast from Edmunds.com estimates that, based on November sales numbers, the seasonally adjusted annual…
Courtesy Ford Motor Co.It is time for Alan Mulally to leave the CEO job at Ford Motor Co. (NYSE: F). Not in a month, or a few months, but now. Several media figures have…