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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: auto industry

auto industry stories: 497 news summaries

361 - 380 of 497 Stories | << Prev 1 ... 15 16 17 18 19 20 21 22 23 ... 25 Next >>

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 Sales Skid Again for 
 GM, Ford, Toyota 

Detroit heavies off at least 20% each; Japanese giant down 9.4%

Sep 3, 08 3:10 PM CDT
(Newser) - General Motors, Ford and Toyota reported dramatic declines in sales for August stemming from the weak US economy and record gas prices, Bloomberg reports. Ford's domestic sales plunged 27% and GM's 20%, and both automakers will cut second-half production by the tens of thousands. Toyota fared better, down just 9.... More »

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Toyota • General Motors • Ford • SUV • auto industry • auto sales • economy

Protests Close Plant Making World's Cheapest Car

Company to move factory building 'People's Car,' billed as world's cheapest at $2,500

Sep 2, 08 3:38 PM CDT
(Newser) - Tata Motors has halted work at the Indian factory where it was producing its Nano model, billed as the world’s cheapest car. A 2-year-long land dispute escalated when West Bengal farmers trapped workers inside, the AP reports, and the company instructed employees to stay home this week. "A... More »

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business • protests • West Bengal • auto industry • Tata Nano • farmers

 GM Recalls 800K 
 Over Electric Issues 

Short circuit in wiper-fluid system may cause fires in popular SUVs, other models

Aug 29, 08 1:50 PM CDT
(Newser) - An electrical glitch has General Motors recalling 857,735 vehicles today, Reuters reports. GM will recall all cars with a heated windshield wiper fluid system for faults that may lead the system to short circuit, increasing the likelihood of fire or other electrical malfunctions. See below for a full list... More »

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General Motors • automaker • recall • product recall • auto industry • US automakers • fire

ANALYSIS

Viper Might Be Luxury Chrysler Can Do Without

Automaker needs to raise $1B, and hot rod looks odd model out

Aug 28, 08 3:15 PM CDT
(Newser) - Despite a $1.1 billion operating profit in the first half of the year, Chrysler is hemorrhaging money. In a bid to raise another billion, the company is looking to sell off its iconic Dodge Viper line, BusinessWeek reports. The Viper has sold a mere 594 cars since January, and... More »

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Chrysler • sports cars • Dodge • auto industry • auto sales • BusinessWeek • Dodge Viper

 Protests Threaten 
 World's Cheapest Car 

Tata, having promised Oct. launch for $2,500 Nano, considers costly factory move

Aug 26, 08 3:51 PM CDT
(Newser) - The promised October launch of a $2,500 car by India’s Tata Motors is in jeopardy after massive protests at its West Bengal factory, Der Spiegel reports. Led by the state's opposition leader, 30,000 demonstrators promised a "fight to the finish" for land they say the government... More »

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India • protests • auto industry • Tata Motors • protesters • Tata Nano

Arab Investors Interested in GM's Hummer Brand

As US sales slide, GM looks overseas to unload gas-guzzler unit

Aug 26, 08 10:04 AM CDT
(Newser) - There may soon be more Hummers heading to the Persian Gulf, this time as two Gulf Arab investors signal interest in buying GM's troubled brand of SUV—modeled on the military vehicle. Analysts have expected the gas-guzzler to be tough to unload, but low fuel prices, economic prosperity, and Hummer’... More »

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Middle East • General Motors • fuel economy • auto industry • auto sales • Hummer

Cross-Country Hydro-Car Tour Wraps Up In LA

31-city, nine-automaker tour aims to promote nascent technology

Aug 25, 08 5:12 PM CDT
(Newser) - A fleet of hydrogen-powered cars wrapped up a 31-city cross-country US tour in Los Angeles this weekend, Reuters reports. The first such trip by zero-emission vehicles aimed to promote the cars, supplied by nine automakers, and the need for more accessible zero-emission fuel. The US has 60 hydrogen stations so... More »

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environment • auto industry • hydrogen fuel cells • hydrogen car

 GM Plans New Chevy Compact 


Aug 21, 08 4:55 PM CDT
(Newser) - General Motors will invest $500 million to build its new compact car in the US, the Detroit News reports. The Chevrolet Cruze, expected to get about 45mpg, will go into production in 2010 in Lordstown, Ohio. The ailing automaker, once heavily reliant on SUVs, continues to alter its production line... More »

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General Motors • fuel efficiency • SUV • gas prices • Chevrolet • auto industry • compact

Chrysler Looks to Team With Nissan on Midsized Cars

US automaker plans to expand outsourcing deals as it searches for profitable course

Aug 7, 08 7:41 AM CDT
(Newser) - Chrysler is in talks to team up with Nissan to produce midsized cars, the Wall Street Journal reports, following an earlier deal to jointly produce pickup trucks and subcompact cars. The move could represent what the Journal calls a "radical new business model," in which Chrysler becomes... More »

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Chrysler • General Motors • Nissan • Chery • auto industry

Car Sharing Rides $4 Gas
to Increased Popularity

Zipcar catches on nationwide

Aug 5, 08 4:02 PM CDT
(Newser) - With gas prices hovering around $4 a gallon, car sharing as an alternative to car ownership is finally gaining traction, reports Newsweek. Started 8 years ago, the best-known car-sharing company, Zipcar, rents communal vehicles by the hour or day. Both cost-efficient and eco-friendly, the company charges members about $10... More »

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gas • Driving • gas prices • auto industry • Zipcar • Flexcar

Earnings

 GM Loses $15.5B, Stuns Street 

$27.33 per-share loss much worse than analysts predicted

Aug 1, 08 8:20 AM CDT
(Newser) - General Motors stunned Wall Street today, reporting a $15.5-billion second-quarter loss—a figure far worse than anything analysts had predicted—as sales collapsed on the company's most profitable products, trucks and SUVs. Prognosticators had estimated the automaker would lose $2.62 per share, excluding items; instead the loss came... More »

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General Motors • earnings reports • second quarter earnings • auto industry

GM, Ford Join Chrysler in Retreat From Leasing

As resale values plummet and credit tightens, automakers leave market

Jul 30, 08 8:00 AM CDT
(Newser) - Ford and GM are joining Chrysler in moving away from auto leasing, the Wall Street Journal reports, signalling the end of an era in which leases allowed many Americans to drive more expensive cars than they could afford to buy. The move is prompted by falling prices for used SUVs... More »

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auto industry • auto sales • US automakers • used cars • lease

earnings

Honda Profits Jump 8%
on Fuel-Efficient Lineup

The gas tank is half empty, as the company cuts global outlook

Jul 25, 08 7:33 AM CDT
(Newser) - Honda announced an 8.1% gain in net profit yesterday for the quarter ending June 30, riding demand for its fuel-efficient models and beating analysts’ estimates, the Wall Street Journal reports. Honda has been hurt less by falling demand than rivals Toyota and Nissan because it's the least invested in... More »

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Toyota • fuel efficiency • earnings reports • Honda • Nissan • auto industry • Japanese auto industry

 NASCAR Fans Sneer at Toyota 

Japanese automaker's success comes as American firms are in slump

Jul 24, 08 9:51 AM CDT
(Newser) - In an effort to curry favor with millions of American NASCAR fans, Toyota joined the league’s top circuit 2 years ago, but fans aren’t warming to the Japanese automaker, the Wall Street Journal reports. Many fans felt betrayed last year when champion racer Kyle Busch traded in... More »

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Japan • Toyota • NASCAR • Kyle Busch • auto industry • cars

Earnings

Ford Posts $8.7B Loss,
Will Make Fewer Trucks 

Writedowns lead to ugly quarter

Jul 24, 08 9:08 AM CDT
(AP) - Ford Motor Co. lost $8.67 billion in the second quarter and will retool two more North American truck and SUV plants to build small, fuel-efficient vehicles, the company announced today. The net loss includes $8.03 billion in writedowns due to a decline in the value of its truck... More »

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earnings reports • Ford • second quarter earnings • auto industry • trucks • writedowns

Shopping in US Looks Like the 1970s: Analyst

Automotive industry, discounters predict permanent shift

Jul 20, 08 8:01 PM CDT
(Newser) - Retailers and marketers are closely watching American shopping trends, knowing that recession habits can linger for years, the AP reports. Studies show that 63% of Americans have cut down spending by coupon-cutting, biking to work, and buying store brands. They're also buying smaller cars and shopping at discounters. "We... More »

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consumer • Toyota • consumer goods • consumer products • consumer spending • auto industry • Wal-Mart

McCain Flips
on Emissions Standards

After favoring a national norm, candidate says states should decide

Jul 18, 08 3:37 PM CDT
(Newser) - John McCain seemed to flip-flop on auto-emissions standards today, telling a group of General Motors engineers he supported states’ rights to set their own levels, the Detroit News reports. McCain told the newspaper last month he supported a nationwide standard. Automakers support a national standard because they fear the expense... More »

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John McCain • General Motors • vehicle emissions • auto industry • Rick Wagoner • Chevrolet Volt • emissions standards • carbon emissions

 Smart Car Scores Big on Cute 

Tiny rides now trendy, even for big car people

Jul 18, 08 9:45 AM CDT
(Newser) - Mercedes’ Smart cars are selling brilliantly—the US waiting list is 30,000 long—and the tiny two-seater's performance at the gas pump isn't the whole story. Yes, they’re the most fuel-efficient non-hybrids around, but only barely—some Hondas and Toyotas almost match their 33mpg. There's also the cute... More »

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fuel efficiency • Mercedes Benz • auto industry • Smart Car • SUVs

Drivers Order Big Extras for Small Cars

Downsizing buyers want jumbo comforts in smaller vehicles

Jul 17, 08 2:12 AM CDT
(Newser) - American drivers are ditching their SUVs for smaller vehicles in droves—but they're cramming in all the extra comforts they can, reports the New York Times. Buyers are spending thousands on bonus features such as heated leather seats and top entertainment systems. The trend gives a rare glimmer of hope... More »

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fuel efficiency • auto industry • car dealers • Mini Cooper • Toyota Yaris • small cars

 Eyeing US Market,
 VW Plans Tenn. Plant 

Company hopes Chattanooga factory will improve market share

Jul 16, 08 8:42 AM CDT
(Newser) - Volkswagen will invest around $1.6 billion to build a factory in the US—20 years after the closure of its last plant, Der Spiegel reports. VW hopes to have the plant, located in Chattanooga, Tenn., running by 2011, and operating at a rate of 150,000 cars per year.... More »

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factory • Volkswagen • auto industry • auto sales • Chattanooga

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