ThinkstockCar sales in Europe dropped 10.2% in March, according to the European Automotive Manufacturers’ Association (ACEA). The news not only shows how unlikely it is local car companies can rebound during the European recession,…
courtesy Ford Motor Co.Experts say that U.S. car sales are chugging toward 15.5 million for 2013. The level is better than any since the recession began. Car quality could be the one thing, other…
Wikimedia CommonsIf losses totaling more than $16 billion over the past dozen or so years are not so bad, General Motors Co. (NYSE: GM) apparently thinks adding another $5.2 billion to the fire is…
FiskerAlmost no one will buy a new Ford Motor Co. (NYSE: F) F-150 SVT Raptor Special Edition, which has special seats, a good sound system and a nice paint job. It is a pickup…
courtesy of Volkswagen of AmericaThe surprise loser in auto sales in both Marsh and in the first quarter is Volkswagen. Its sales rose only 3.1% in March to 30,7704 vehicles. On a quarterly basis…
courtesy of Kia MediaAfter the mileage debacle Hyundai and Kia faced when they misstated, to their advantage, MPG on a number of their cars, the companies have been hit by another disaster. According to…
courtesy of General MotorsNew car sales at General Motors Co. (NYSE: GM) rose 6% year-over-year in March to a total of 245,950 vehicles. That is up 10% from the 224,314 vehicles the company sold…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) reported this morning that its sales in March rose 6% year-over-year to 236,160 units sold. In March 2012. the company sold 223,262 units. Sales in February…
Courtesy Chrysler Group LLCU.S. monthly sales numbers are due out from most U.S. and foreign automakers today, and March was another good month for car sales. Chrysler Group, which is controlled by Italy’s Fiat…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) announced that its most recent quarter would be profitable, and its shares rose 19% to $45, which is above its 52-week high. The electronic car company…
Courtesy of Tesla MotorsElectric luxury car company Tesla Motors Inc. (NASDAQ: TSLA) said its sales were well ahead of schedule, and it revised earnings estimates higher. There has been a great deal of skepticism…
courtesy of General MotorsThe Wall Street Journal ran an article in which executives from General Motors Co.’s (NYSE: GM) Cadillac boasted that their sales in the United State would pick up enough to take…
ThinkstockVolkswagen has recalled 384,181 cars in China, including Golf, Magotan, Sagitar and Audi A3 models. Bloomberg reports that the cost of this action to VW will be more than $600 million. The more important issue…
courtesy of General MotorsNew car sales research from Europe shows that General Motors Co.’s (NYSE: GM) fortunes in the region have gotten much worse. Its decade-old string of losses is guaranteed to continue. Whatever…
courtesy Ford Motor Co.Hundreds of thousands of cars made by major manufacturers have been recalled this year. The most outrageous of these is among the smallest. Chrysler recalled 4,459 Dodge Challenger V-6 models because their…