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Car Industry

Carvana's Bold Plan to Change How We Buy Cars

Phil Simon | Posted 02.18.2014 | Business
Phil Simon

Most people of a certain age know what it's like to buy or lease an automobile, a process that really hasn't changed too much in decades. Sure, the In...

GM CEO Appointment Sobering Reminder of How Far We Still Have to Go

Shoham Geva | Posted 02.12.2014 | Women
Shoham Geva

On the surface, it's a fantastic thing. It's always a fantastic thing when one more positive first for any target identity is achieved. But as an 18-year-old female going to college today and expecting to head into the job market myself in the near future, it's also disappointing.

Was Romney Right About Jeep?

AP | By DAVID RUNK | Posted 03.16.2013 | Business

DETROIT (AP) — Chrysler's Jeep brand is in talks to build some of its vehicles in China for that market as the automaker looks to build on growing i...

Dealers Worry That Slow Economy Could Hurt Auto Sales

AP | TOM KRISHER | Posted 10.18.2011 | Business

STERLING HEIGHTS, Mich. — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy. So Swanson, 25, ...

Obama To Approve Fuel Efficiency Standards

The Huffington Post | Tara Kelly | Posted 09.25.2011 | Green

President Obama is close to a deal with automakers on proposed plans to introduce new fuel efficiency standards for cars and light trucks from 2017-20...

Detroit Auto Companies Struggle With Union Profit-Sharing Idea

Posted 09.04.2011 | Business

DETROIT (Bernie Woodall) - Over the past two years, Ford Motor Co has roared back from the brink of failure, won accolades for its gains in qualit...

Chrysler Back In The Black Two Years After Bailout

AOL Autos | David Kiley | Posted 07.02.2011 | Business

Two years after it was escorted through bankruptcy reorganization by the White House and with the help of loans from U.S. and Canadian taxpayers, Chry...

Newt Gingrich's Fight for the Luxury Industry Is Laughable

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Should we really believe that 20 million people purchasing luxury goods such as jewels, fashion, yachts, private planes and lavish international travel will be a major boost to the U.S. economy! Come, on.

No E-ZPass for Auto Dealers

Catherine Lutz | Posted 05.25.2011 | Business
Catherine Lutz

Auto dealers may get a pass on financial reform despite outstanding car loans totaling $850 billion, greater than national credit card debt and second only to home mortgages.

Toyota is a Challenge for Japan as a Whole

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

There is much more at stake here than the reputation of a company or even an industry -- it is the fundamental revision of Japan as a nation.

Medicare: Is America the Next GM?

A. Haag Sherman | Posted 05.25.2011 | Politics
A. Haag Sherman

By re-sizing our Medicare system to one we can afford, America can avoid the fate of GM and maintain its competitive position for decades to come.

"Cash for Clunkers" Is Really Economics for Dummies

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Using borrowed money to subsidize the purchase of foreign made automobiles does not make economic sense. "Cash for Clunkers" is a showroom lemon masquerading as brilliant economic policy.

Auto Supplier Aid Request Rejected By bama Administration

AP | KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — The Obama administration has turned down a request by auto suppliers for up to $10 billion in additional federal aid to help the pa...

Supreme Court Asked To Block Chrysler Sale To Fiat

AP | MARK SHERMAN | Posted 05.25.2011 | Business

WASHINGTON — Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an ap...

White House: Don't Expect Auto Bailout By Monday

AP | Posted 05.25.2011 | Business

WASHINGTON — The White House tossed out no lifeline for the teetering auto industry Sunday, although President George W. Bush reiterated that he...

Pressure Builds For GM To Oust CEO As Part Of Auto Bailout

The Hill | Silla Brush | Posted 05.25.2011 | Politics

UPDATE 12/07 at 9:00PM EST: In addition to Dodd's statements this morning, there is growing outside pressure for GM CEO Rick Wagoner to step down. T...

Desperate: Chrysler Executive Warns Auto Industry Collapse Could Spark Depression

AP | TOM KRISHER and KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

DETROIT — Worried about their jobs and warned that the cost of failure could be a depression, hundreds of leaders of the United Auto Workers vot...

You and Your Car: You Better Love the One You're With.

Trevor Traina | Posted 05.25.2011 | Green
Trevor Traina

The reality has set in that whatever is in your garage now will likely be there next year too.

NY Times Says: "Keep Your SUV"

New York Times | Ron Lieber | Posted 05.25.2011 | Green

Your neighbors may turn up their noses, but keeping your gas-guzzling sport utility vehicle, or buying one coming off a lease, may be a smart move. T...

Dark Year Ahead For Detroit's Automakers

New York Times | NICK BUNKLEY | Posted 05.25.2011 | Business

The way that auto executives here have been talking, 2008 will be a bad year to sell cars and trucks in the United States. Every time one company pred...

Toyota Aims To Sell 9.85M Vehicles, Be No. 1 Automaker

AP | YURI KAGEYAMA | Posted 05.25.2011 | Business

Toyota plans to sell 9.85 million vehicles worldwide in 2008, the company said Tuesday, setting an ambitious target despite worries about a slowing U....