Courtesy Ford Motor Co.June U.S. auto sales numbers are due out from most U.S. and foreign automakers today, and it looks like June is shaping up to follow on the gains the carmakers saw…
courtesy of Kia MediaKia’s run as a hot brand in the U.S. car market could be over. With a sales drop of 4.5% in the first half, the trouble that company has had recently…
courtesy of Ford Motor CompanyIn a deal to close a National Highway Transportation Safety Administration (NHTSA) investigation, Ford Motor Co. (NYSE: F) has agreed to conduct a “customer satisfaction campaign” to inspect and fix…
Courtesy Volkswagen AGCar sales are on a tear. Through the first five months of 2013, U.S. car sales are up by 8.2%, compared to the same period last year. Some of the more popular…
courtesy of FordAutomakers will be reporting June sales next week, and now is the time for industry watchers to make their predictions of how the carmakers have performed. Kelley Blue Book (KBB) projects that…
ThinkstockCarMax Inc. (NYSE: KMX) reported first-quarter fiscal 2014 results before markets opened this morning. The used-car retailer reported quarterly diluted earnings per share (EPS) of $0.64 on revenues of $3.31 billion. In the same…
Courtesy Chrysler Group LLCFiat took control of Chrysler to get a major presence and sales in the U.S. market. It also hoped the deal would give it a beachhead for its primary brand. That…
courtesy of Ford Motor CompanyWhen Americans want to buy a car, nearly one in six will consider buying a Ford. While not all buyers drive off with one, consumer consideration is a good measure…
Courtesy Chrysler Group LLCAs recalls go, the one set by Chrysler Group was a large one. However, the car company would have inspected all the cars and light trucks in question anyway. The publicity around…
Courtesy of Tesla MotorsIf Tesla Motors Inc. (NASDAQ: TSLA) is supposed to make such a superior car, according to the press and the company’s PR, why does it have to recall some of its…
Courtesy Chrysler Group LLCChrysler Group LLC, which is controlled by Italy’s Fiat SpA, said today that it has resolved its differences with the U.S. National Highway Traffic Safety Administration (NHSTA) and will conduct a…
ThinkstockIn another sign that the recession in Europe has hit consumer spending, car sales there fell in May and reached their lowest level in that month since 1993. The data likely will press U.S.…
Courtesy General Motors Co.General Motors Co. (NYSE: GM) has added about 194,000 SUVs to a recall first issued in August 2012 to fix a condition that could lead to an short circuit and an…
ThinkstockThe U.S. Energy Department wants to help motorists analyze the real costs to drive their cars, a figure that is often a mystery. The number is hard to calculate because of the presence of…
ThinkstockResearch and information analysis company IHS Inc. (NYSE: IHS) announced this morning that it has agreed to acquire auto industry information and analysis firm R.L. Polk & Co. for $1.4 billion. Polk created and…