ThinkstockCar inventories have reached a level last posted toward the end of the recession, hitting a five-year high. The average car currently spends more than 60 days on the lot. This trouble…
ThinkstockOne of the contributors to the rise in sales of cars and light trucks in the United States has to be the extremely attractive financial packages that automakers offer. Among these is…
Toyota has been named the world's most valuable car brand, according to a new study by Brand Finance. Immediately behind it are three German brands: BMW, Volkswagen and Mercedes-Benz. No American brand…
New Jersey is not the only state in which Tesla Motors has run afoul of established automobile dealerships. The company's direct sales model is the issue, and many states have either banned…
GM's recall of 1.6 million vehicles could prove to be one of the most costly in automotive history. The legal liability triggered by perhaps thousands of personal injury lawsuits also may damage…
Ferrari SpAAmerica’s richest consumers continue to be aggressive buyers of new high-end cars, as sales figures from February show. Jaguar led the way among the larger manufacturers with sales of 1,552, up…
Courtesy Volkswagen AGVolkswagen’s effort to gain a foothold in the U.S. car market failed again in February. Sales of VWs dropped 14% to 27,112. Total car and light truck sales among all…
Research firm J.D. Power evaluated 600 brands across nine industries and came up with a list of 50 2014 Customer Champions. The list includes seven health care companies, two airlines and four…
courtesy of Chrysler GroupAutomakers reported February U.S. sales throughout the morning Monday, and there were winners and losers. Chrysler and Nissan posted solid year-over-year gains, while other makers put up lower numbers.…
ThinkstockU.S. trade with Russia amounted around $33 billion in 2013, down from around $40 billion the year before. Russia had a tough year and, the Winter Olympic Games notwithstanding, 2014 is shaping…
In an effort to drive up sales following nearly two months of awful weather, General Motors and Ford have extended their discounts on new vehicles through next month in an effort to…
ThinkstockVolvo may nearly be out of business, but it has come up with one of the most unique features available from the world’s car companies. It can deliver food to its vehicles.…
Ford and GM, the two largest car companies selling vehicles in the United States, are losing market share to smaller competitors, which means the turnaround of each, now almost five years old,…
courtesy of Chrysler GroupAmong the brands that received “report cards” in a new Consumer Reports, Jeep posted a score that was the lowest among makers of cars and light trucks. Jeep received…
Courtesy of Tesla MotorsAs if Tesla Motors Inc. (NASDAQ: TSLA) needed another boost this week, Consumer Reports magazine has named the company’s Model S sedan as its overall Top Pick for 2014.…
