Toyota Dealer Group in China Warns up to 10% May Quit as Losses Mount
December 30, 2014 - 12:19 am ET
BEIJING (Bloomberg) -- As many as 10 percent of dealers for one of Toyota Motor Corp.'s China ventures are poised to drop out of the network because they can't make money on the cars...
Volkswagen Group Details Hybrid, Electric Model Rollout
Volkswagen recently announced its intention to become the electric vehicle leader by 2018, and now it is backing this claim up with a plan for seven new hybrid models that will be coming out starting in 2014. A report...
By Nat Shirley
Friday, Jul 27th, 2012
The Center for Automotive Safety is calling on the National Highway Traffic Safety Administration to fine Ford for alleged wrongdoing in relation to yesterday’s Escape unintended acceleration recall. The non-profit consumer safety group claims that Ford...
Jun 13, 8:17 AM
The future of Saab will have less to do with airplanes and more to do with household appliances, with the news today that a Chinese-Japanese investment group has purchased the bankrupt Swedish automaker.
The investment group, comprised of Sun Investment of...
Fiat Group Lowers 2012 Sales Estimate by Half a Million Units
DECEMBER 16, 2011
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointment”. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne.
The reason is...
Here we go!!!
How many people would be interested in purchasing a set of Caliper Covers for their vehicle? If I can get 10-15 people who would interested in this item over the next few days I can offer an additional savings off of the Caliper Covers.
Please send me a personal message if you...
Chrysler Group LLC Achieved Net Income of $116 Million in First Quarter 2011; First Quarterly Net Income Since Company Began Operations in June 2009
Net Income totaled $116 million in Q1 2011 compared to a net loss of $197 million in Q1 2010
Modified Operating Profit totaled...
A report from Autonews says Chrysler will be carpet-bombing car lots with up to 25 new models for its four sub-brands by 2013, up from 17. If new versions of the Dakota/Nitro/Viper don't appear, that number will be cut to 22. This still means that the littlest of the Detroit Three will be taking...
Courtesy of Autoblog.com
Look what we spotted at the weekly Cars & Coffee gathering today in Irvine. Right there amidst the Cobras, Ferraris, Ariel Atoms and Toyota 2000GTs sat a perfectly ordinary...
PENSKE AUTOMOTIVE GROUP NAMED AS NEXT OWNER OF SATURN
GM FINALLY FINDS A HOME FOR ITS UNDERAPPRECIATED CAR BRAND
General Motors has finally announced which of the several bidders for it's "Peoples Car" brand Saturn, has been chosen to take over the troubled brand.
Bidders included the Black...
DETROIT NEWS: Focus group give a cautious thumbs up to Ford's redesigned 2008
Focus group: Fans, customizers give a cautious thumbs up to Ford's redesigned 2008 [Focus]
WAYNE -- It was a tough crowd walking around the Wayne Assembly Plant Thursday morning, watching their beloved Ford Focus...
DETROIT, Feb 21 (Reuters) - A major Ford Motor Co. (F.N: Quote, Profile , Research) retailer is struggling to lower its inventory of the No. 2...