To figure out why Honda continues to be a threat to the market shares of Toyota, Chrysler and Ford, there is no need to look beyond its product line-up. It had three…
U.S. auto sales are on the rise, but the rest of the U.S. economy is still pretty sluggish. What’s driving this new-car sales boom?
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) has seen its shares surge ahead of Thursday’s release of the internal findings from the company’s recall process. It was recently shown that GM was a…
Jon C. Ogg Chevy Corvette targets a niche market, but it is a market crowded with super sports cars with huge engines that can go from zero to 60 MPH in four seconds flat, or…
Douglas A. McIntyre Courtesy Volkswagen AGVolkswagen of America management says it is playing for the long term. Although current sales figures are important, it will take some time to improve the German company’s flagging fortunes…
U.S. auto sales had a strong month in May, with all three of the Detroit automakers posting gains well ahead of analyst estimates. Most of the leading automakers saw substantial gains, but…
When automakers reported May sales Tuesday morning, General Motors posted a gain of 13% year-over-year. Retail sales of all the company's brands are up year-to-date.
courtesy of ChryslerAutomakers reported May U.S. sales throughout the morning Tuesday, and sales for the month at all carmakers except Volkswagen were higher. The German firm’s sales were down more than 15%…
courtesy of Wal-Mart Stores Inc.The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course,…
ThinkstockOne thing we have related to 24/7 readers over the years is that for all of their pedigreed executives and portfolio managers, hedge funds tend to go a lot in the same…
GM's Chevy division sells its flagship Corvette Stingray Coupe for under $54,000. Since the car ranks as a world-class sports vehicle, in theory it should sell for much more.
Douglas A. McIntyre Ford Motor Co.How frightened are car companies of public opinion, personal liability suits, the National Highway Traffic Safety Administration and Congress? Frightened enough to recall cars they might not have in the past,…
courtesy of Ford Motor CompanyIt seems as though the pace of car recalls is still on the rise, and not just from General Motors Co. (NYSE: GM). On Thursday we have seen…
Google Inc.Google Inc. (NASDAQ: GOOG) announced earlier this week on the company’s official blog that it plans to build about a hundred of its prototype driverless cars and begin testing them on…
GoogleGoogle (NASDAQ: GOOG) announced Tuesday that it has begun building prototypes of a fully self-driving car. The search engine giant won’t be offering the new car for sale, at least not yet. These prototypes…
