ThinkstockU.S. automakers General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F), and Chrysler Group LLC all reported double-digit year-over-year new car sales growth in the U.S. today. The month started off slowly for…
ThinkstockAutomakers reported October U.S. sales throughout the day Friday, and we will be following the reports and posting results as they come in. Sales in the first two weeks of the month were soft,…
courtesy of General Motors Co.General Motors Co. (NYSE: GM) reported third-quarter 2013 results before markets opened Wednesday morning. The automaker posted diluted earnings per share (EPS) of $0.45 on revenues of $39.0 billion. In…
Courtesy Volkswagen AGThe Volkswagen Group means to become the world’s largest car manufacturer as measured by unit sales. That means it will have to push ahead of longtime leaders General Motors Co. (NYSE: GM)…
courtesy of General MotorsThe Treasury Department’s SIGTARP report to Congress shows that taxpayers lost $9.695 billion on the General Motors Co. (NYSE: GM) bailout, once loan repayments and stock sales were taken into account. The…
courtesy of Toyota Motor Corp.With U.S. drivers keeping their cars for a longer time, high reliability is a prime asset. And reliability has long been a major selling point for Japanese companies Toyota Motor…
Courtesy Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) said Monday that it sold 2.5 million vehicles in the most recent quarter. That was 2.8% more that in the same period of last year. It…
courtesy of Tesla MotorsIn its short lifespan, Tesla Motors Inc. (NASDAQ: TSLA) always has been an odd company. The idiosyncrasies of its management have been offset by the success of its product. The rock star…
Courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) reported third-quarter 2013 results before markets opened Thursday morning. The automaker posted adjusted diluted earnings per share (EPS) of $0.45 on revenues of $36.0 billion. In…
courtesy of Daimler Global MediaDaimler, the parent company of Mercedes, posted good third-quarter earnings. Unfortunately for the car maker, the improvement was made largely on the back of sales of its cheapest cars. The…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) is getting to see another dose of reality setting in on its stock price on Wednesday. Bank of America Merrill Lynch has issued a research report…
ThinkstockThe Chinese government agency that handles environmental issues told the residents of the huge city of Harbin to keep their cars and trucks garaged, as air pollution overwhelmed the city. It is the kind…
courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) is recalling 870,000 vehicles from a number of different model years and countries for a problem that could cause the vehicles’ air bags to inflate.…
courtesy of General Motors Co.General Motors Co. (NYSE: GM) has priced the new Cadillac ELR electric luxury car far too high for it to sell well. The primary reason is not that it has…
ThinkstockIn an interview in Tokyo on Wednesday, Toyota Motor Corp. (NYSE: TM) said it expects to unveil a hydrogen fuel cell car at next month’s Tokyo Auto Show and have the car available for…