by Paul A. Eisenstein | May 31, 2011
Whether it’s a sign of an improved economy may be unclear, but the number of consumers late in paying their car loans has fallen to the lowest level since 1999, and is nearing an all-time low. The number of car buyers 60 days or more behind in their payments has...
by Joseph Szczesny | May 31, 2011
Delphi Corp., which endured the longest corporate bankruptcy in U.S. history, has filed with the Securities Exchange Commission asking for permission to sell shares through an initial public offering that plays up the company’s potential for growth in China and...
by Tim Healey | May 31, 2011
When one thinks of sporty premium mid-size sedan, BMW’s 3-Series likely hops immediately to mind. Well, Infiniti has been trying to change that perception for years with the G35–now G37–and after a stint behind the wheel, one could make the case that...
by Paul A. Eisenstein | May 31, 2011
It’s a tough spring for U.S. car buyers. Not only are many popular models in short supply but prices are heading up – fast. The latest maker to bump up sticker prices is Ford, which says it will tack another $124, or 0.4%, onto the sticker of its average model. That...
by Paul A. Eisenstein | May 31, 2011
Fiat intends to buy the remaining shares in Chrysler now held by both the U.S. and Canadian governments, said Sergio Marchionne, CEO of both the American and Italian automakers. The announcement followed a discussion with Canadian officials and came just days after...
by Paul A. Eisenstein | May 31, 2011
Carlos Tavares, the chief executive of Nissan Americas, will be heading across the Atlantic to serve as the new chief operating officer of the Japanese maker’s French affiliate, Renault. The new assignment comes as Renault struggles to shake off the scandal that...
by Paul A. Eisenstein | May 27, 2011
Toyota’s entire U.S. production network will be sitting idle next week, the maker deciding to stretch out the normal Memorial Day holiday break because of ongoing shortages of Japanese-made parts. Honda, meanwhile, says that while its global factory network appears to...
by Marty Bernstein | May 27, 2011
Nissan Leaf ad asks what would happen if everything used gas Have you filled the tank of your new Nissan Leaf? Excuse me? Nissan’s new Leaf campaign takes a tongue-in-cheek look at what would happen if everything in our daily lives used gasoline and the problems that...
by Paul A. Eisenstein | May 27, 2011
When Ellen Pierson’s daughter was ready to get her license, the suburban New York mother of three fretted about what to let the high school student drive. “It had to be as safe as possible,” Pierson says, “so I began thinking something in a big SUV.” Her daughter...
by Paul A. Eisenstein | May 27, 2011
For the first time since April 4, cars are rolling off the Saab assembly line in Trollhattan, Sweden, marking a turning point in a financial crisis that came close to crushing the struggling maker. Operations at the maker’s headquarters plant came to a halt when...
by Paul A. Eisenstein | May 26, 2011
The storm lasted no more than an hour. The sky had turned green, the tornado sirens sending folks racing for shelter. But in the end, the only thing that reached the ground was a torrential downpour that quickly overwhelmed sewers, creating deep ponds of water over...
by Paul A. Eisenstein | May 26, 2011
An estimate 30.9 million families will head out on the highway over the long Memorial Day holiday, the traditional start of the U.S. summer season. The figure is down about 100,000 for last year, according to a survey by AAA – and that’s no surprise considering the...
