Ford, BMW Report Strong Sales in China in August
Ford Motor Co. (NYSE: F) said today that strong demand for the Ford Focus helped drive sales in China in August higher. Ford and its joint ventures in China sold 48,631 vehicles in the…
Ford Motor Co. (NYSE: F) said today that strong demand for the Ford Focus helped drive sales in China in August higher. Ford and its joint ventures in China sold 48,631 vehicles in the…
As the average price of a gallon of regular gas varies between $3.50 and $4 nationwide, fuel efficiency remains prized among the new cars most people buy. But some drivers are too rich to…
The municipal government of Guangzhou will use lotteries to lower the number of cars in the city, according to the New York Times. It is the third largest city in the People’s Republic. If…
Following the lead of Chrysler, which reported a year-over-year gain of 14% in August sales, Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both posted impressive U.S. sales gains in August.…
U.S. sales in August topped 148,000 units at Chrysler, the company’s highest total in five years, the carmaker reported today. Sales of the company’s light trucks came in at more than 25,000, up 19%…
Ford Motor Co. (NYSE: F) says its Focus is on track to become the best-selling car in the world this year, knocking Toyota Motor Corp.’s (NYSE: TM) Corolla from the top spot. Ford sold…
In 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for August put new light vehicle sales at a seasonally…
General Motors Co. (NYSE: GM), which has a recent history of executives who put their feet into their mouths, managed to have that happen again. The world’s largest car company believes it can double…
General Motors Co.’s (NYSE: GM) reaction to a report that it would idle production of the troubled Chevy Volt was: “We don’t comment on production schedules. We continue to match supply and demand,” according…
As a challenge to wisdom that the economy has slowed to a halt, U.S. car sales are expected to reach a four-and-a-half year high when August numbers are released. According to J.D. Power, August new-vehicle…
At what might be the conclusion of a courtship that has lasted for more than two years, Hertz Global Holdings Inc. (NYSE: HTZ) is asking shareholders of Dollar Thrifty Group Inc. (NYSE: DTG) to…
The Opel division of General Motors Co. (NYSE: GM) has been unprofitable for so long that the U.S. automaker has more than once considered shutting the operations down. Today, however, Opel lives on after…
The AAA, the association that keeps track of everything Americans do with their cars, reports that 33 million people will drive or fly over the long Labor Day weekend — August 30 to September 3.…
The rule proposed by the National Highway Transportation and Safety Administration (NHTSA) and the U.S. Environmental Protection Agency that would require automakers to achieve a miles-per-gallon average of 54.5 across their fleets by 2025…
General Motors Co. (NYSE: GM) will recall more than 249,000 midsize sport utility vehicles to correct a potential fire hazard, according to the National Highway Traffic Safety Administration. In its filing with the U.S.…