Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 23, 2008 5:14:47 PM CDT

Learn about Newser Points »

Stories related to: auto sales

Stories

Stories 1 - 20 of 23

<< Prev 1 2 Next >>
  • July 2008

    • Eyeing US Market, VW Plans Tenn. Plant

      newser  |  Der Spiegel  |  Jul 16, 08 8:42 AM CDT

      Eyeing US Market, VW Plans Tenn. Plant

      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. The company ambitiously hopes to increase US sales to 800,000 by 2018. More »

      Tags

      auto industry  • auto sales  • Volkswagen  • factory

    • Pensions, Benefits Have GM Stalled

      newser  |  New York Times  |  Jul 10, 08 9:28 AM CDT

      Pensions, Benefits Have GM Stalled

      General Motors is suffering as oil prices surge and consumer spending wanes, Roger Lowenstein writes in the New York Times . But the biggest, and perhaps fatal, culprit of its recent troubles—with stock prices near a 50-year low—are the generous health care and pension benefits it agreed to lavish upon its workers more than 50 years ago. More »

      Tags

      auto industry  • General Motors  • United Auto Workers  • auto sales  • pensions

    • Prius Shortage Hurts Toyota

      newser  |  Reuters  |  Jul 2, 08 4:53 PM CDT

      Prius Shortage Hurts Toyota

      Popularity is proving quite the pickle for Toyota: Dwindling supplies of hot sellers like its hybrid Prius fueled the 11.5% drop in US sales last month, Reuters reports. With a waiting list 6 months long, Prius sales fell 26%—even as rival Honda bumped its sales 13.8% thanks to record demand for its fuel-efficient Fit and Civic vehicles. More »

      Tags

      auto industry  • Toyota  • hybrid car  • auto sales  • Honda  • Toyota Prius

    • Sinking SUV Values Slap Drivers

      newser  |  Washington Post  |  Jul 2, 08 10:19 AM CDT

      Sinking SUV Values Slap Drivers

      The end of America's love affair with the SUV is turning into an expensive divorce, the Washington Post reports. Drivers wanting to get rid of the gas-guzzlers as pump prices hit $4 a gallon are losing a lot of money on the sales—if they can even find buyers. Some SUV owners find themselves owing the bank more than their vehicle is worth. More »

      Tags

      auto sales  • SUV  • SUVs  • vehicles  • used cars

  • June 2008
  • May 2008

    • Prius: 1M and Counting

      newser  |  Associated Press  |  May 15, 08 3:51 PM CDT

      Prius: 1M and Counting

      The Toyota Prius is a now 1 million units strong, and the landmark gas-electric hybrid, introduced in 1997, is poised to keep growing, the AP reports. Toyota said today it expects to be selling a million a year by sometime after 2010; what’s more, the company claims 4.5 million tons of harmful gases have been taken out of the air since its debut. More »

      Tags

      gas prices  • Toyota  • gas  • hybrid car  • auto sales  • fuel efficiency  • carbon footprint  • Toyota Prius

    • Mercury Line May Hit the Scrap Heap

      newser  |  Los Angeles Times  |  May 10, 08 6:52 PM CDT

      Mercury Line May Hit the Scrap Heap

      Once a four-wheeled icon of cool, Ford's Mercury brand is steadily losing traction and may soon be parked for good, the Los Angeles Times reports. Ford has not yet announced a plan to scrap the line, but one key stockholder is urging the company to let it go.  "Mercury has one more product cycle left in it, and then will almost certainly be retired as a brand," one analyst said. More »

      Tags

      auto industry  • car  • Ford  • retirement  • auto sales  • auto  • car dealers  • Mercury  • dealership

    • US Woes Drive Toyota Profits Down 28%

      newser  |  Associated Press  |  May 8, 08 7:15 AM CDT

      US Woes Drive Toyota Profits Down 28%

      Even Toyota—with its array of popular gas-sipping vehicles—is struggling in a slumping global economy, according to the latest figures. The world’s No. 2 automaker today reported that earnings for the last quarter fell 28% to $3.05 billion from $4.2 billion a year ago, reports the AP. "We are facing a severe business environment," said Toyota's president. More »

      Tags

      auto industry  • economy  • Toyota  • corporate earnings  • auto sales  • automaker  • yen

    • Small Cars Surge Amid Sky-High Gas Prices

      newser  |  New York Times  |  May 2, 08 8:44 AM CDT

      Small Cars Surge Amid Sky-High Gas Prices

      Facing ballooning gas prices, many Americans are turning to smaller cars, with about one in five vehicles sold in April a compact or subcompact, the New York Times reports. That compares to one in eight 10 years ago. “It’s easily the most dramatic segment shift I have witnessed in the market in my 31 years here,” said Ford’s chief sales analyst. More »

      Tags

      auto industry  • car  • auto sales  • SUV  • vehicle  • subcompact

  • April 2008

    • Toyota Overtakes GM in Q1

      newser  |  Wall Street Journal  |  Apr 23, 08 1:29 PM CDT

      Toyota Overtakes GM in Q1

      GM’s vehicle sales fell 0.6% in the first quarter, helping Toyota, on 2.7% growth, take the global sales lead, the Wall Street Journal reports. Toyota sold 2.41 million vehicles worldwide to 2.25 million for the American giant, which was hurt badly by a 10.2% drop in US sales. GM blamed tough economic times, noting solid overseas figures nevertheless. More »

      Tags

      auto industry  • General Motors  • car  • Toyota  • auto sales  • first quarter earnings  • Japanese auto industry  • vehicle

    • Hybrid Sales Soar in 2007

      newser  |  Associated Press  |  Apr 22, 08 5:17 AM CDT

      Hybrid Sales Soar in 2007

      Sales of hybrid cars rose 38% in the US last year, with Toyota's Prius grabbing more than half the market. As fuel prices climb, hybrid sales are expected to continue to rise this year. Five states lead the rest in buying hybrids, calculated by percentage of sales: California (26.1%) Florida (5.5%) New York (5.0%) Texas (4.9%) Washington (3.7%) More »

      Tags

      Toyota  • hybrid car  • auto sales  • Toyota Prius  • auto

    • Pickup Sales Plummet to 10-Year Low

      newser  |  BusinessWeek  |  Apr 9, 08 7:35 AM CDT

      Pickup Sales Plummet to 10-Year Low

      US pickup truck sales tumbled in March, hitting their lowest level in nearly a decade. The Big Three all reported double-digit percentage drops in sales this month—the Dodge Ram was down 26%—and large pickups represented barely more than 10% of the auto market. High gas prices added fuel to the freefall, but the housing crisis—and an attendant drop in carting construction loads—may have had the most impact. More »

      Tags

      gas prices  • housing market  • General Motors  • Ford  • auto sales  • Big Three  • US automakers  • pickup trucks  • Ford F 150

    • March Auto Sales Hit the Skids

      newser  |  Wall Street Journal  |  Apr 2, 08 4:00 AM CDT

      March Auto Sales Hit the Skids

      US auto sales plummeted last month, with GM and Chrysler's March sales diving 19%, and Ford and Toyota's down 10%, the Wall Street Journal reports. Rising gas prices, the credit crisis and fear of the future are blamed for the troubling trend. Detroit is bracing for even more bad news yet to come. More »

      Tags

      gas prices  • General Motors  • Ford  • Chrysler  • Toyota  • auto sales  • Honda  • Cerberus Capital Management  • J.D. Power & Associates

  • March 2008

    • Car Makers Prepare for a Crash

      newser  |  Wall Street Journal  |  Mar 20, 08 9:06 AM CDT

      Car Makers Prepare for a Crash

      The slumping US  economy is casting shadows over the New York Auto Show, as industry forecasters this week cut their projections for sales of new cars and light trucks in 2008 to less than 15 million, the lowest level in 14 years. Chrysler, GM, and Ford, who had been projecting sales of 15.5 to 15.7 million, are preparing for a fresh round of belt tightening, the Wall Street Journal reports . More »

      Tags

      General Motors  • Ford  • Chrysler  • auto sales  • Robert Nardelli  • New York International Auto Show

    • Porsche Speeds to $225B Euro Empire

      newser  |  Financial Times (UK)  |  Mar 4, 08 2:43 AM CST

      Porsche Speeds to $225B Euro Empire

      The map of Europe's car and truck industry is set to be redrawn with Porsche's likely takeover of Volkswagen, the Financial Times reports. Porsche's board voted to boost the sports car manufacturer's stake in Volkswagen to more than 50% yesterday, only hours after Volkswagen said it would buy a controlling interest in Swedish truck company Scania. The combined $225 billion company would be the biggest car and truck firm in Europe. More »

      Tags

      auto industry  • Europe  • merger  • auto sales  • Volkswagen  • Porsche

    • US Car Sales Sink in Slow Economy

      newser  |  Bloomberg  |  Mar 3, 08 9:45 PM CST

      US Car Sales Sink in Slow Economy

      A tumbling US economy hit Ford, General Motors, Chrysler, and Toyota today as all four posted declining sales for last month, Bloomberg reports. Chrysler fell 14% as Ford dropped nearly 7% and GM suffered almost a 20% drop in light truck sales. "Primarily it's driven by the weak economy,'' one analyst said. "It's been difficult for people to refinance and get credit.'' More »

      Tags

      US economy  • gas prices  • auto industry  • General Motors  • Ford  • Chrysler  • Toyota  • auto sales

  • January 2008

    • Toyota, GM In Tie for Top Automaker

      newser  |  Wall Street Journal  |  Jan 23, 08 9:28 AM CST

      Toyota, GM In Tie for Top Automaker

      Toyota has finally caught up with GM, after years of growing roughly five times as fast. GM’s sales rose 3% in 2007, to 9,369,524 vehicles, but it was only enough to tie Toyota, which last week announced sales of approximately 9.37 million, ending GM’s 76-year reign  atop the world’s automakers, the Wall Street Journal reports. More »

      Tags

      auto industry  • General Motors  • Toyota  • auto sales  • automaker

    • GM Sees Light at End of Tunnel

      newser  |  Wall Street Journal  |  Jan 18, 08 10:05 AM CST

      GM Sees Light at End of Tunnel

      Overseas sales expansion and reduced labor costs over the next three years will bring “significant” profit increases to General Motors, CEO Rick Wagoner told analysts yesterday. Wagoner also asked investors for patience as share prices continue slipping in a worsening US economy, reports the Wall Street Journal. He said production cuts could accelerate if sales slow further. More »

      Tags

      US economy  • General Motors  • Detroit  • auto sales

    • 2008's Most Overpriced Vehicles

      newser  |  Forbes  |  Jan 6, 08 9:37 AM CST

      2008's Most Overpriced Vehicles

      Don’t be fooled by a dealer discount when buying a new car—it might just be a sign that the car is priced too high to begin with. Forbes names the vehicles it finds the most overpriced: Dodge Ram 1500 Mercury Grand Marquis Ford F-150 Dodge Durango GMC Envoy More »

      Tags

      list  • car  • auto sales  • trucks  • Dodge  • Ford F 150  • Dodge Ram 1500  • Mercury Grand Marquis

    • Ford Sales Slump in December

      newser  |  Wall Street Journal  |  Jan 3, 08 1:15 PM CST

      Ford Sales Slump in December

      Ford Motor Co. reported a 9% dip in US sales of cars and light trucks between last December and December 2007, capping off a dismal year for the company and the auto industry, the Wall Street Journal reports. Ford, which is third in US auto sales behind Toyota and leader General Motors, saw light-vehicle sales fall 12% in 2007 overall. More »

      Tags

      US economy  • auto industry  • car  • Ford  • auto sales  • vehicles

Stories 1 - 20 of 23

<< Prev 1 2 Next >>

Today's Most Popular

Loading...

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »