Car Sales

Ford Posts $1B Profit In Third Quarter, Forecasts A "Solidly Profitable" 2011

AP | DEE-ANN DURBIN and TOM KRISHER | Posted 11.02.2009 | Business


DEARBORN, Mich. — One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two yea...

Bloomberg: US GDP Probably Grew 3.2% As Stimulus Took Hold

Bloomberg | Timothy R. Homan | Posted 10.25.2009 | Business


The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...

GM: Sell Cars Like Dell Sells Computers

Diane Francis | Posted 09.12.2009 | Business


Diane Francis

General Motors is teaming up with eBay to sell its inventory of new cars online. This could be, if it works, the new new business model for vehicles.

Ford To Post 1st Monthly Sales Increase In 2 Years

AP | DAVE CARPENTER | Posted 09.02.2009 | Business


CHICAGO — Surging demand from the government's "cash for clunkers" program has helped lift Ford Motor Co. to its first monthly increase in two y...

Congress Passes "Uncle Buck" Bill

Tom Gregory | Posted 08.26.2009 | Comedy


Tom Gregory

Congress has approved the "Cash For Clunkers" Bill. To qualify, drivers must admit to owning a vehicle whose appearance would be improved by an accident.

Chrysler, GM Closures: 10 Ways To Get Huge Deals

Wall Street Journal | BRETT ARENDS | Posted 06.18.2009 | Business


Chrysler and General Motors last week said they were closing nearly 2,000 dealerships across the country as part of their restructuring plans. And tha...

In Baghdad, Spiffy New Car Sales Way Up

AP | SAMEER N. YACOUB | Posted 05.10.2009 | World


BAGHDAD — Business, not bombs, is booming at Baghdad car dealerships, as well-heeled Iraqis are indulging in a passion long out of reach _ spiff...

Ford's US Sales Drop 41 Percent In March

AP | TOM KRISHER | Posted 05.02.2009 | Business


DETROIT — Talk of government loans and bankruptcy and a 37 percent drop in March sales isn't good news, but despite it all, there seems to be a ...

Carmakers May Need EU Bailout Of $19 Billion

Bloomberg.com | By Jonathan Stearns | Posted 03.13.2009 | World


The European Union should be prepared to quadruple loans for the car industry this year to 15 billion euros ($19 billion) because of the economic slum...

Ford Predicts 35 Percent Drop In Sales

Reuters | Kevin Krolicki | Posted 02.02.2009 | Business


Ford Motor Co expects industry-wide December U.S. auto sales to drop by some 35 percent from a year earlier with no sign of a turnaround in the first ...

Bargains: Small Car Prices Slashed As Dealers Get Desperate

ABC News | Chris Woodyard | Posted 01.28.2009 | Business


Sales of small cars have taken the wildest ride in the auto business this year -- first up, then down -- and the gyrations may not be finished. Thoug...

Ford Reports October Sales Dropped 30 Percent

AP | TOM KRISHER and BREE FOWLER | Posted 12.04.2008 | Business


DETROIT — General Motors' October U.S. sales plunged 45 percent, and Ford's and Chrysler's weren't far behind, as low consumer confidence and ti...

GM Buying Chrysler Could Make Some Sense

Behind The Wheel | Phil LeBeau | Posted 11.17.2008 | Business


The consensus: It makes sense on paper, but whether GM could execute this merger is very much in doubt. Here's why it might work. Chrysler comes with...

'92 Civic Becomes Car Buff's Favorite Ride

Los Angeles Times | Ken Bensinger | Posted 10.10.2008 | Green


"In the 1970s, '80s and '90s, carmakers all offered super-high-efficiency cars," says Eric Noble, president of the Car Lab, an auto industry research ...

Ford CEO Mulally Thinks Lawmakers Will Loan Automakers $50 Billion

Wall Street Journal | Jeff Bennett | Posted 10.10.2008 | Business


DETROIT -- Ford Motor Co. Chief Executive Officer Alan Mulally said that more legislators are "in our corner" as the three U.S. auto makers prepare to...

Shrinking U.S. Demand Spurs Layoffs At Japanese Toyota Plant

AP | YURI KAGEYAMA | Posted 08.13.2008 | Business


TOKYO — Japanese automaker Toyota has laid off 800 people at a plant in southwestern Japan, or about 10 percent of the plant's work force, in re...

Will Your Company Predict the Future Like GM or Like Toyota?

Andrew Winston | Posted 08.06.2008 | Business


Andrew Winston

Toyota did look forward years ago, asked what an environmental version of its product should look like, and made it a reality.

Detroit's June Car Sales Set For Worst Showing Since 1990s

Financial Times | John Reed | Posted 07.08.2008 | Business


June car sales data, due out on Tuesday, are expected to show the US auto market heading for its worst year in more than a decade. The figures could ...

A World Where Money Grows On Trees?

Fortune's Stanley Bing | Posted 04.16.2008 | Business


<i>Fortune</i>'s Stanley Bing

In the virtual universe, a cornucopia of colorful opportunities await!

Small, Cheap Cars Fuel Big Sales

USA Today | James R. Healey and Chris Woodyard | Posted 04.12.2008 | Business


The smallest, cheapest, cars are the biggest, brightest spot in the dreary auto market, reflecting continuing buyer flight to fuel economy and lower p...

Dark Year Ahead For Detroit's Automakers

New York Times | NICK BUNKLEY | Posted 03.28.2008 | 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...

U.S. Hybrid Car Sales Are Up 49 Percent

AP | Posted 03.28.2008 | Business


U.S. sales of new hybrid cars were up 49 percent in the first seven months of this year, due largely to a boom in sales in the Midwest, an auto inform...