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September 20, 2009 - September 26, 2009 Archives
Amid weakness at home, Ford, Toyota turn to China
NEW YORK -- Ford Motor Co. plans to build a new assembly plant in China while Toyota Motor Co. will start selling an entry-level family car there, as the world's automakers pour more resources into the fast-growing Chinese car market...
September 25, 2009 1:37 pm
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Chrysler board to consider product plan - AP
DETROIT -- Chrysler's new governing board will hear details Friday about plans to revamp the automaker's struggling product line by adding models based on those made by Italy's Fiat Group SpA, a person briefed on the agenda said, according to...
September 25, 2009 1:37 pm
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General Motors CEO sees modest sales growth in '10
ORLANDO, Fla. -- U.S. auto sales should improve modestly next year as tight credit for auto financing eases and the economy works its way out of the recession, General Motors Co.'s top executive said Thursday, according to The Associated Press....
September 24, 2009 1:27 pm
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VW unveils 170 miles to gallon diesel hybrid
Volkswagen's carbon-fiber, two-seater diesel L1 Concept is wowing crowds at the Frankfurt Auto Show. But is it really a car? With the passenger sitting behind the driver, it looks more like a motorcycle with four wheels. Indeed, it makes the...
September 23, 2009 4:11 pm
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DUI mayhem in South County and Orwell, Vt.
Recent DUI carnage include the deaths of two women who were passengers on motorcycles and a mother crippling her four-year old son. A 35-year-old woman was killed at about 1:30 am Sunday when the motorcycle on which she was a...
September 23, 2009 4:11 pm
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Hyundai on a roll
An article in The New York Times about South Korea's Hyundai-Kia Automotive Group includes a graphic that shows its annual U.S. sales now equal Nissan's and are fast approaching Chrysler's. Indeed, the company is likely to overtake Chrysler in the...
September 23, 2009 4:11 pm
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Ford to make low cost compact car in India
NEW DELHI -- Ford unveiled a made-in-India compact car and flagged expanded production in China as it seeks to boost sales in Asia, a region the U.S. automaker has hardly dented but is counting on to drive growth, according to...
September 23, 2009 9:46 am
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AutoZone 4Q profit slips, misses view
MEMPHIS, Tenn. -- Auto parts retailer AutoZone said Wednesday its fiscal fourth-quarter profit fell 3.1 percent, missing Wall Street expectations on tough comparisons to a prior-year period that included an extra week of sales, according to The Associated Press. The...
September 23, 2009 9:43 am
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General Motors raising output at three factories
DETROIT - General Motors will go to 24-hour operations at factories in Kansas, Michigan and Indiana to handle an expected increase in demand and to make up for production lost from a large-scale factory consolidation announced earlier in the year,...
September 22, 2009 4:21 pm
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CarMax profit soars in its second fiscal quarter
RICHMOND, Va. -- Car dealership chain CarMax said Tuesday its fiscal second quarter profit surged on higher sales and a one-time gain related to its auto financing business, according to The Associated Press. The results topped Wall Street estimates, and...
September 22, 2009 9:34 am
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Small used cars aren't big sellers as gas stays cheap
Despite all the talk about small cars, many used car buyers are thinking big again. Used small cars are taking the biggest hits on value in the resale market, Kelley Blue Book says. Even the once-hot, tiny Smart ForTwo is...
September 21, 2009 10:00 am
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