ThinkstockThe U.S. Environmental Protection Agency (EPA) released its annual report on U.S. automobiles’ fuel economy today, and the preliminary projections for model year 2012 cars is the highest ever — 23.8 miles per gallon.…
ThinkstockVolkswagen believes it can see the future of the car industry in China and its own place in that future. The German manufacturer will increase its production capacity in the People’s Republic by as…
courtesy of Volkswagen of AmericaVolkswagen is already at the top of the auto sales food chain in China, tied most months with General Motors Co. (NYSE: GM). But despite a flattening in growth in…
ThinkstockIn another possible threat to car sales, use of public transportation has reached a multiyear high. According to the American Public Transportation Association: The demand for public transportation rose last year as Americans took…
courtesy of Kia MediaMarket penetration and bad PR have taken down Hyundai and stablemate Kia, which until recently were the hottest brands in the U.S. market. As sales of competitors rise, the two manufactures…
courtesy of General MotorsThere will be resistance from city officials, but the governor of Michigan, Rick Snyder, will appoint an emergency financial manager to run the virtually bankrupt city. He commented to a local…
courtesy of General MotorsFollowing the path set out earlier by Ford Motor Co. (NYSE: F) and Chrysler Group LLC, General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: TM) posted U.S. sales gains…
courtesy Ford Motor Co.February U.S. sales numbers are due out from most U.S. and foreign automakers today, and it looks like February was another good month for car sales. Chrysler Group, which is controlled…
ThinkstockThe Consumer Reports ratings of cars and light trucks gets almost as much publicity as those from J.D. Power. The nonprofit has announced its best and worst cars for 2013. The most notable result…
courtesy of General MotorsIn December 2012, new car and light truck sales in the U.S. came in at a seasonally adjusted annual rate of about 15.4 million units sold. According to TrueCar.com, forecast sales…
courtesy of General MotorsCars sales should surge again in February, as the annual rate reaches closer to the record levels of 2005 and 2006. Nothing — not even higher gas prices — can block…
courtesy Ford Motor Co.The number of cars sold in Europe reached a historic low in January, and there is not a bit of evidence that the situation will improve soon. The storm that this…
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the automaker posted diluted earnings per share (EPS) of $0.54 on revenues of $39.3…
ThinkstockThe top-selling cars in the U.S. in January came from General Motors Co. (NYSE: GM) with total sales of about 195,000 vehicles, Ford Motor Co. (NYSE: F) with sales of about 166,000, Toyota Motor…
courtesy of Volkswagen of AmericaVolkswagen, which many industry experts expect to pass General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: TM) as the world’s largest car company within the next few years,…