The recall of some 2.6 million General Motors vehicles to replace a faulty ignition switch has already forced the company to reserve more than $1 billion to make the needed repairs.
Paul Ausick Toyota has announced its full-year earnings for the period that ended on March 30. Along with stellar earnings, the Japanese car manufacturer reported it sold 9,116,033 vehicles.
White House Photo by Pete SouzaAfter finishing last year strong, U.S. equity markets had a volatile start this year, pulling back from all-time highs. Stocks have recovered since and, so far this…
In what is being characterized as a move to make it easier to get customer feedback and post it online more quickly, GM later soon will send out a new, shorter questionnaire…
Paul Ausick ThinkstockSales of used vehicles slipped 6.7% in the first quarter of 2014, from 9.8 million units in the year-ago quarter to 9.1 million units this year. Franchised sales were up 11% at…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) is due to report earnings this coming Wednesday. This did not make our top earnings of the week because Tesla actually has such a…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) has been struggling all year with sales of its Chevy Silverado pick-up. The Silverado is historically the top selling vehicle in the U.S. Â for…
As U.S. car and light truck sales rose 8.1% in April, one of the most visible successes was the Ford F-Series pickup -- the perennial "king of the hill" in American vehicle…
Nissan Motor Co.The April average sales price for a light vehicle slipped 0.1% from $32,188 in March to $32,141.Carmakers, on average, sold each vehicle for $47 less than in March. Year-over-year, April…
Automakers reported April U.S. sales throughout the morning Thursday, and sales for the month rose for most carmakers. The exceptions were Ford and Volkswagen.
courtesy of General MotorsJust 5% of new car shoppers in a recent survey said that they would not consider buying a General Motors Co. (NYSE: GM) car as a result of the…
Nissan Motor Co.Among major cars brands, Nissan is expected to have the largest percentage growth in April, compared to the same month last year. Toyota Motor Corp. (NYSE: TM) and Chrysler sales…
Courtesy Toyota Motor Corp.With General Motors Co. (NYSE: GM) in trouble, the nation’s other car sales leaders have a chance to take market share from America’s No.1. The erosion in GM’s sales may…
Ford reported mixed first-quarter 2014 results before markets opened Friday morning. Operating margins in North and South America fell, but Ford's market share in China improved.
Tesla Motors' Elon Musk is not among the CEOs who are paid only $1 a year. However, in 2013, Musk made only $69,989, a small fraction of what other people on his…
