Just when investors in General Motors thought they might have seen the last of automobile recalls for a while, the company announced Monday that it is recalling an additional 1.55 million vehicles.
Paul Ausick courtesy of Fiat SpAChrysler Group has issued a recall notice for 18,092 model year 2014 Fiat 500L vehicles to repair a defect that may have a delayed effect or no effect at…
courtesy of FordThe film “Need for Speed” posted poor first weekend ticket sales of just $17.8 million, which was a disappointment given the huge public relations and marketing effort put into the…
Ferrari SpAAuto dealer inventories are at five-year highs. The most important effect of this for consumers is that dealers and car companies will soon open up another aggressive round of discounts and attractive…
Auto dealers in New York failed last April to get a state court to reverse a ruling by the state's motor vehicle department approving the direct sale of its cars by Tesla…
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…
GM has been taking it on the chin over its recalls. With congressional inquiries and investigations picking up, this sounds like it is really bad news. But the impact on the stock…
Jon C. Ogg GM has notified its dealers that they may provide owners of models identified as having the ignition switch defect with towing service, a loaner car and an offer of a $500 cash…
Paul Ausick Despite there being a good possibility that GM will not face any legal liability for the 13 deaths caused by an ignition defect in 1.4 million cars built between 2003 and 2007,…
Trey Thoelcke These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, March 12, 2014. They include AIG, General Motors, Rite Aid, Synta Pharmaceuticals and Walt Disney.
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…
VIA Motors Inc.Volvo may be one of the world’s smallest car companies, but it has created a big footprint in the self-driving vehicle business, led by cars that park themselves. Its latest…
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…
