GM Promises Cheaper Chevy Volts
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) said it will offer better prices on the next generation of Chevy Volts, the car company’s flagship electric car. Since almost no one buys Volts now,…
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Newest first · Page 280Europe Car Sales Fall 16.3%; GM and Ford Battered
ThinkstockGeneral Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F), which have posted huge financial loses in Europe, face larger ones in 2013 that could swamp strong revenue from the United States. Passenger…
Toyota 2012 Sales Top the Charts — Again
courtesy of Toyota Motor Corp.Although the company has not yet finished counting sales for 2012, Toyota Motor Corp. (NYSE: TM) claims to have sold more than 9.7 million units in 2012, allowing the company…
China’s Dying Car Market
ThinkstockThe theory about the success of large global car manufacturers has been that as they lose sales ground in Europe, China should more than make up for the drop. The U.S. market has been…
Chrysler: From Zero to $13.5 Billion
ThinkstockAn auto industry analyst has said that Chrysler Group LLC, which is majority owned by Italy’s Fiat SpA, could be worth as much as $13.5 billion just three years after the company filed for…
Ford Blows the Doors Off — Doubling Its Dividend
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) is trying to take away some of the thunder from General Motors Corp. (NYSE: GM), now that GM is losing its “Government Motors” nickname. The…
Do Ad Slogans Sell Cars? No
courtesy of General MotorsSales of General Motors Co. (NYSE: GM) Chevrolet cars have not been robust lately. GM and many analysts blame this on an aging model line, which will be updated soon. GM…
Cadillac, Lincoln Lose in Car Brand Measure
courtesy of General MotorsIf car buyer brand performance is any measure of the success of a nameplate, Cadillac and Lincoln still have a long uphill battle against foreign competition. Brand weakness is yet another hurdle each has to…
The Car Sales Winners and Losers for 2012
courtesy of Kia MediaU.S. car and light truck sales rose 13.45% to 14,491,873 last year. As is true in any industry with a large number of companies, there were winners and losers. This is…
U.S. Auto Sales Rise Again in December
ThinkstockU.S. new car sales are on track to top 14.4 million vehicles in 2012, and up to 15.5 million in the new year. Today’s reports on sales from major automakers continue a winning streak…
Avis Pays $500 Million for Zipcar
ThinkstockThe popular with consumers and expensive for the company short-term car rental business got a boost today. Avis Budget Group Inc. (NASDAQ: CAR) announced this morning that it has agreed to acquire Zipcar Inc.…
Hyundai Sees Sales Cooling in 2013
courtesy of Kia MediaHyundai Motor, which owns the Hyundai and Kia brands, has had the hot hand in the global auto market. But the company said its prospects will cool considerably in 2013. This…
Ford Claims Global Sales Leadership
courtesy Ford Motor Co.In a display of confidence about its fourth calendar quarter sales, Ford Motor Co. (NYSE: F) yesterday announced that its Ford Focus nameplate is the best-selling car in the world, with…
Cars So Hot They Are Out of Stock
courtesy of FordThe popularity of cars can be measured by several factors. Among these are total unit sales in a year, market share versus direct competitors, and sales improvement year-over-year. The best measure is…
Settlement in Toyota Sticky Accelerator Lawsuit: $1.1 Billion
courtesy of Toyota Motor Corp.In a settlement filed with a federal court in California yesterday, Toyota Motor Corp. (NYSE: TM) has agreed to pay about $1.1 billion to bring an end to a case…