The Top Selling Luxury Cars in America
courtesy of General MotorsThe top 12 luxury brands accounted for only 10.8% of total U.S. car sales through the first 11 months of this year. But these lines are important to the companies that…
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Newest first · Page 281Toyota Expects Global Sales Improvement in 2013, Even with EU Trouble
courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) released its sales forecasts for its 2013 fiscal year, which begins in April. The prediction is extremely optimistic. The Japanese firm expects global sales to increase…
Peugeot Walks Away from Opel Merger
courtesy of General MotorsPeugeot, though in desperate need for a cash infusion, will not try to bolster its fortunes through a merger with General Motors Co.’s (NYSE: GM) Opel division, according to Autogazette. Its…
Workers at GM, Ford to Score Nice Bonuses This Year
courtesy of General MotorsProfit-sharing bonuses for United Auto Workers’ members at Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) are expected to be at least as large as last year’s payout…
GM Recalls 119,000 Trucks, SUVs
General Motors Co. (NYSE: GM) has notified the National Highway Traffic Safety Administration that the company is recalling 119,000 Chevy Colorado and GMC Canyon vehicles built in model years 2010 to 2012. The company…
Car Safety: Hyundai and Toyota Drop the Ball
ThinkstockThe Insurance Institute for Highway Safety (IIHS) regularly ranks auto models of safety, using a series of crash tests. The primary criticism of the IIHS is that a very large number of cars and light…
U.S. Could Have Let GM Fail on Its Own
Wikimedia CommonsIn the light of a decision by the U.S. Treasury to sell the remainder of its shares in General Motors Co. (NYSE: GM) at a loss of $12 billion to taxpayers, proponents of the bailout…
As Foreign Cars Dominate Luxury Market, Cadillac Pushed Down List
courtesy of General MotorsDespite the launch of a number of new models, Cadillac’s share of luxury car sales in the United States continues to be less than modest, as the sales of brands from…
Ford Shouts and Touts Hybrid Sales
courtesy Ford Motor Co.Depending on what you count and when you count, everybody’s a winner. At least that seems to be the thinking behind the latest hybrid car sales figures from Ford Motor Co.…
Japan and China: A Tale of Two Economies
ThinkstockHSBC China Manufacturing Purchasing Managers’ Index posted a better-than-expected number of 50.9 for December. The manufacturing sector of the People’s Republic is on the mend. At the same time, the Bank of Japan reported…
EU Car Sinkhole Gets Deeper
Wikimedia CommonsWhatever hope car companies had that economies in Europe might mend in 2013, which would help their fortunes, has disappeared. Sales figures for the region in November tumbled from a year earlier, and…
Honda Recalls 800,000 Vehicles
courtesy Honda Motor Co.Honda Motor Co. (NYSE: HMC) today issued a recall on more than 800,000 of the automaker’s minivans and sport utility vehicles manufactured between 2003 and 2006. The recall is due to…
November New Car Sales Highest in Nearly Five Years
ThinkstockU.S. new car sales in November rose 15% year-over-year to a seasonally adjusted annual rate of 15.54 million. Compared with October, sales rose 4.7% to 1.14 million units sold according to data released today…
The 10 Cheapest Cars for Sale
courtesy Ford Motor Co.The average price of all cars, light trucks, and SUVs sold in the United States is slightly above $30,000. Read: The 10 Cheapest Cars for Sale But several vehicles sell for…
Ford Hybrids’ Gas Mileage Lower Than Claimed
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) has been touting its Fusion hybrid and one model of its C-MAX hybrid family with EPA mileage per gallon (mpg) ratings of “47 city/47 highway/47 combined…