Honda (NYSE: HMC) is the latest multinational car company to attack China’s vehicle market. People’s Republic drivers bought 18 million cars and light trucks last year, well ahead of the 12.5 million sold in…
China recently was the most attractive car and light truck market in the world. The Asian nation’s vehicle sales are nearly 18 million a year now, ahead of the second-largest market — the U.S.…
The 2012 New York International Auto Show will be the venue for car companies to release more new models than they have in years. It is a sign of the industry’s recovery. Product development…
The rise in March domestic car and light truck sales was attributed largely to two factors. The first is that American’s need more fuel-efficient cars because of high gas prices. The second is that people own…
BMW and Mercedes had record sales in the US for the first quarter. It is a good sign that higher end households have healthy amounts of disposal income. It is bad news for other…
It is a sign of the times in which gasoline prices have raced toward $4 and could go higher as summer travel season approaches, or trouble in the Middle East boosts oil. As it…
Ford (NYSE: F) posted a very modest sales gain of 5% in March compared to the same month last year. The company said, however, that the number represents the best March in five years.…
Lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) posted a new 52-week low of $0.96/share earlier today. The battery maker was hit last week with an estimated $55 million recall of modules and battery…
Another round of car recalls is likely, in what has quickly become a year of recalls. The National Highway Traffic Safety Administration has reported fires in engine of the General Motors’ (NYSE: GM) 2011…
Specialty fiber maker Zoltek Companies Inc. (NASDAQ: ZOLT) has signed a deal with auto parts manufacturer Magna International Inc. (NYSE: MGA) to develop low-cost carbon fiber sheeting molding compounds for the auto industry. To…
For some reason, car sales continue to surge. Consumer spending has improved, but only modestly. The same could be said of unemployment. Cars and light trucks remain the second most expensive asset people hold after their houses.…
Auto industry research firm J.D. Power & Associates is forecasting retail new-car sales of 1.085 million units in March, a two-and-a-half year high. The company also projects that seasonally adjusted annual sales will reach…
One more foreign car company will take the chance that the Chinese auto market, the world’s largest, will continue to expand. But car sales have not grown in the past year, and signs indicate they will not…
Beginning in 2014, Nissan Motor Co. (OTC: NSANY.PK) will begin selling cars in the emerging markets of India, Russia, and Indonesia under the ‘Datsun’ brand. Nissan stopped using the Datsun name in 1981. The…
The Chicago Federal Reserve Bank today reported that its Midwest Manufacturing Index rose from 89 in December 2011 to 90.1 in January of 2012. The index posted a low of 68.3 in June of…