General Motors will use some of funds remaining after its Chapter 11 bankruptcy restructure to speed up important new model launches to recapture lost market share, chairman Ed Whitacre said soon after his first meeting as chair of the 'new GM' board.
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The sales of new imported vehicles in Japan fell again in July, the 15th month in a row the sector has declined.
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It's not a new law, but car dealers had better heed the Internal Revenue Service tax advisory released last week on the federal cash-for-clunkers rebates.
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Sirius XM Radio Inc. said today it posted higher quarterly revenue, despite a reduction in subscribers, and raised its income outlook, citing cost cuts and a potential rebound in automobile sales.
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Ford's Chinese joint venture had a record month in July, selling over 50% more vehicles than last year.
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The cash-for-clunkers program has reached sales of more than 180,000--topped by the Toyota Corolla--as the Senate is poised to vote on an extension of the program on as soon as Thursday.
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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
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Buick's lineup is growing--it's getting a new five-passenger crossover in 2010, with a plug-in hybrid following in 2011.
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Buick's lineup is growing--it's getting a new five-passenger crossover in 2010, with a plug-in hybrid following in 2011.
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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive.
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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive.
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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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General Motors Co. says it has significant unresolved issues with Opel bidder Magna International including concerns over intellectual property, product development and Magna's plans for Opel in Russia.
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Toyota Motor Corp. is in damage-control mode after an announcement suggesting the carmaker will bring its more than $1 billion global advertising account in-house prompted confusion at its U.S. ad agencies.
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General Motors could return to profit as early as 2011 after sharply reducing costs and debt through its recent bankruptcy restructuring, a Deutsche Bank analyst told an auto industry conference in Michigan.
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Just days after pulling the wraps off of its prototype Leaf electric vehicle in Japan, Nissan Motor Co. says it has committed to an early launch of 5,000 sales in the United States, starting late next year.
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Dana Holding on Thursday said it had achieved break even net income in the second quarter of 2009 despite a 49% year on year sales fall.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up