Suntory, the Japanese brewer, spent $13.6 billion to buy Beam, the maker of Jim Beam. In doing so, Suntory has moved further into a business that is as likely to be successful…
Volkswagen has said that it plans to storm the North American market. But its market share in December was 2.5%, a sign its sales continued to erode.
It seems as though that if one wants to analyze the prospects for Ford, then one must also analyze the prospects for General Motors. 24/7 Wall St. has been analyzing the prospects…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) just continues to impress. The company just announced that it plans to raise its quarterly dividend to $0.125 per share, up 25% from…
There are several CEO of the Year awards. But there is no CEO Hall of Fame picked by writers from business magazines, websites, television business shows or newspapers. However, there should be.
Google has lined up powerful allies as part of its push into the world of auto software. The new Open Automotive Alliance was launched Monday and includes Audi, GM, Honda, Hyundai and…
Ford edged past Toyota and Honda in 2013 in terms of sales in China, helped by redesigned cars and the ongoing effects of a territorial dispute between China and Japan. It still…
ThinkstockAutomaker General Motors Co. (NYSE: GM) has confirmed its layoff of more than 1,000 employees at its Brazilian operations in Sao Jose dos Campos in Sao Paulo state. The layoff has been…
Sales prices of automobiles rose by more than $1,000 month-over-month in November. However, sales prices declined $159 when compared with December 2012 prices.
Automakers reported December U.S. sales Friday morning. Two of the companies projected 2013 sales to reach an annual rate of less than 16 million new vehicles sold in 2013, a drop from…
Sunday's announcement that Fiat has agreed to acquire the 41.5% stake in Chrysler Group owned by a United Auto Workers (UAW) benefits trust fund for a total of $4.35 billion ends a…
The dominant theory about Fiat's buyout of a UAW health care trust that gives it 100% ownership in Chrysler is that the Italian car group has made huge hedge in the United…
Most analysts have pointed to luxury auto imports as the leaders in terms of growth. However, the real victors in the U.S. car industry are heavy pickup trucks, particularly those made by…
Automakers are expected to report December sales on Friday, but Ford issued an announcement on Monday morning claiming that it will sell 2.4 million vehicles in 2013 and it will retain its…
ThinkstockTesla Motors Inc. (NASDAQ: TSLA) opened its first showroom to the public in Beijing in November and, according to ChinaDaily, hundreds of high-end Tesla electric cars have been ordered or preordered in…
