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Fiat moving to the U.S.? Chief has hinted at why it might make sense
Reports out of Europe suggest that Fiat SpA, the 114-year-old Turin, Italy-based automaker, has a headquarters move to the U.S. under consideration. If it happens, the move would likely occur after Fiat's planned merger with Chrysler Group. It would...
Tags: Personal Service, Hybrid Vehicles, Chrysler, Fiat S.p.A., Services and Shopping
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Fiat weighs shifting its HQ to the U.S.
Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To...
Tags: Companies and Corporations, Financially Distressed Companies, Patents, Copyrights and Trademarks, Rick Snyder, Chrysler
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Young people driving less, transportation planners clueless, report says
Millennials are possibly the first generation who could sing the Beatles classic "(Baby You Can) Drive My Car" and really mean it. Millennials are the children of baby boomers and Generation X, and they are radically altering the way the nation...
Tags: Auto Trends
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Honda to boost Acura brand, build new electric-augmented NSX in Ohio
Honda's overhaul of its luxury Acura brand will include a redesigned and electric-augmented NSX supercar, which will be built in a $70-million refurbished plant in Marysville, Ohio. Acura sales in the U.S. were up 14% in the first four months of the...
Tags: Infiniti, Honda, Mercedes-Benz, Cadillac, Toyota Recalls
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Tesla Model S ties highest ever Consumer Reports rating with a 99
The Tesla Model S high-end electric sedan has garnered a rare honor from Consumer Reports, with one significant caveat. Consumer Reports gave the Model S its highest score, a 99 out of 100. In the past, the Lexus LS has also achieved a score of 99....
Tags: Luxury Vehicles, Hybrid Vehicles, Petroleum Industry, Consumers, Cadillac
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Toyota annual profit more than triples, sales rise 18.7%
Riding a wave of increased auto sales, a weakening Japanese yen and a fresh lineup of vehicles, Toyota Motor's profits more than tripled during its most recent fiscal year. The Japanese automaker said earnings for the fiscal year ended March 31 rose...
Tags: Japan Earthquake and Tsunami (2011), Product Recalls, Toyota Motor Corp., Toyota, Marketing
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Toyota profit booms
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...
Tags: Earnings, Honda, Toyota Recalls, Akio Toyoda, Toyota
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Record exports mean U.S. summer gasoline prices won't be much lower
Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas. That's behind what would normally just be a good news...
Tags: George W. Bush, Luxury Vehicles, Hybrid Vehicles, Minivans and Vans, Petroleum Industry
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BMW joins automakers recall for air bags that could spray shrapnel
BMW is recalling 42,000 of its model year 2002 and 2003 3-series cars because of front-passenger-side air bags that may not inflate properly in a collision, the automaker said Monday. BMW is the latest to join a group of five other automakers that...
Tags: Hybrid Vehicles, Product Recalls, Toyota Recalls, Porsche, Toyota
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New Toyota FJ Cruiser recall due to headlights that may blind drivers
Toyota is issuing another recall of FJ Cruiser SUVs. This time, the automaker is recalling 11,489 of its model year 2007-2013 Cruisers because of a headlight problem that could blind oncoming drivers. In March, Toyota recalled 209,000 Cruisers because...
Tags: Hybrid Vehicles, Automotive Equipment, Toyota Recalls, National Highway Traffic Safety Administration, Toyota
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Nissan, in bid to build market share, cuts price on seven models
Nissan Motor Co. is cutting the sticker price on seven of its 18 models in the U.S. Nissan is hoping that the change will help the cars and SUVs show up more prominently on shopper search websites such as AutoTrader, Edmunds and Kelley Blue Book. Some...
Tags: Luxury Vehicles, Hybrid Vehicles, Infiniti, Prices, Marketing
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Healthy crossover sales a boon to April auto results
Lower gas prices and a rebounding economy are pulling more auto buyers into crossover SUVs and boosting pickup truck sales, April auto sales data indicate. Honda, Nissan and Subaru reported monthly sales Wednesday, showing increases from April 2012 to...
Tags: Luxury Vehicles, Minivans and Vans, Honda, Mercedes-Benz, Chrysler
May 16, 2013
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May 17, 2013
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May 6, 2013
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May 3, 2013
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May 1, 2013
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May 1, 2013
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