If Americans Are Driving Less, Who Buys All Those Cars?
courtesy of General MotorsOne reason car sales have risen so far might be that more Americans drive than in the past. A recent study says that is not true. Driving by Americans peaked in…
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Newest first · Page 273GM, Ford and the Resurrestion of the Car Ad
Courtesy Volkswagen AGThroughout the recession and the Chapter 11 filings that nearly destroyed General Motors Co. (NYSE: GM) and Chrysler, the ad industry lost one of its most important categories. Even Ford Motor Co.…
GM Earnings Boast Strong Sales, Margins
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) reported second-quarter fiscal 2013 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.75 on revenues of $39.1 billion. In the…
Ford Posts Solid Earnings, Outlook Improves
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) reported second-quarter 2013 results before markets opened this morning. The automaker posted adjusted diluted earnings per share (EPS) of $0.45 on revenues of $38.1 billion. In…
Car Companies Have Nothing to Do with Detroit Downfall
ThinkstockGeneral Motors Co. (NYSE: GM) CEO Dan Akerson has not been the company’s leader long enough to speak with any authority about the history of the auto industry. Already considered naïve in many quarters for his…
EU Car Sales Fall Sharply in June as GM Get Destroyed
ThinkstockJune car sales in the European Union prove two things. First, that the recession in the region continues to cripple auto registrations at an extraordinary rate. And second, that it is time for General…
Toyota RAV4 Flunks Front Crash Test
Courtesy Toyota Motor Corp.The 2013 RAV4 small SUV from Toyota Motor Corp. (NYSE: TM) managed to achieve just a ‘poor’ rating on a new front crash test. The small overlap front crash test simulates a…
Car Brands with the Worst Dealers
24/7 Wall St. identified the worst car dealerships in the country based on Pied Piper’s Prospect Satisfaction Index. The index considered the dealership experience of 5,200 mystery shoppers who visited dealerships across the United…
Car Sales in China No Longer Auto Industry’s Future
ThinkstockWhite-hot car sales in China have slowed considerably and no longer outpace the percentage rise in the United States by much. Auto sales in the People’s Republic were up by 11.2% in June, but…
Electric Vehicles May Not Be as Green as Many People Think
ThinkstockElectric vehicles, whether all-electric or hybrid, enjoy subsidies and incentives in nearly every country where they are sold because they are widely believed to reduce carbon emissions by enough to justify the costs of…
Fiat Takes Third Option to Increase Its Stake in Chrysler
Courtesy Chrysler Group LLCItalian automaker Fiat SpA, which already owns 58.5% of Chrysler Group, has now exercised a third option on another 3.3% of the U.S. carmaker’s shares. The catch is that Fiat and…
Car Brands with the Most Loyal Drivers
courtesy of The Car Spy, via Wikimedia CommonsFor some automakers, building a base of new customers is very important. These are often new brands with smaller market shares. For other automakers, often the more…
Volkswagen and Kia Continue U.S. Sales Collapse
Courtesy Volkswagen AGSeveral car companies posted strong sales in June, and for the first half, but two manufacturers have turned out to be losers. As the industry recovers sharply, neither has managed to market…
Audi, BMW, Porsche and Mercedes All Having Stellar Sales Numbers
We have been seeing very strong auto sales in America for the month of June. If you read through the headlines these were by large broad-based gains. Some were record sales ever for certain…
GM Automobile Sales at Five-Year High
courtesy of General MotorsAutomaker General Motors Co. (NYSE: GM) said today that June automobile sales rose 6.5% this year, compared with June of 2012. The company sold a total of 264,843 vehicles in June,…