by Paul A. Eisenstein | Aug 3, 2012
With the 2013 model evolving from a classic, truck-like SUV to a car-like crossover design, Nissan says the new version of its long-running Pathfinder model will be not only one of the lightest but also the most fuel-efficient V-6 entry into the large crossover...
by Paul A. Eisenstein | Aug 3, 2012
Sales of factory-installed navigation systems have long fallen short of expectations in the U.S., analysts say, because of the high cost of the technology – which in most vehicles still pushes north of $1,000 and can run almost double that in a few models. Chevrolet...
by Paul A. Eisenstein | Aug 3, 2012
Toyota Motor Co. underscored its recovery from last year’s Japanese earthquake and tsunami by not only delivering a huge jump in quarterly earnings but by also sharply increasing its upcoming sales forecast. The maker saw net income for the April-June quarter surge to...
by Bryan Laviolette | Aug 3, 2012
Even though automakers and the government are pouring billions of research dollars into alternatives, a new report predicts that petroleum will continue to dominate the automotive market for decades to come unless a disruptive innovation is introduced. But natural...
by Paul A. Eisenstein | Aug 2, 2012
While overall US. Car sales appear to have jumped again for July, it wasn’t a good month for two of the Big Three Detroit makers. But Japan’s top two manufacturers, on the other hand, saw the price paid by the typical buyer surge to record levels. Industry analysts...
by Paul A. Eisenstein | Aug 2, 2012
Ousted General Motors global marketing czar Joel Ewanick was no rogue operating outside the corporate playbook, GM Chairman and CEO Dan Akerson made clear during a conference call with industry analysts today. It was the chief executive’s first comments on the sudden...
by Paul A. Eisenstein | Aug 2, 2012
The on-again/off-again marriage of Volkswagen and Porsche has been completed, the two German makers saying, “I do” after resolving a list of legal problems that seemed likely, only months ago, to scuttle the proposed alliance. The tie-up, which actually brings...
by Paul A. Eisenstein | Aug 2, 2012
Toyota has been stung by another recall, this one forcing it to notify owners of nearly 800,000 RAV4 SUVs and Lexus HS 250h hybrids that the rear suspensions on their vehicles could fail. The recall is just the latest in a seemingly fast-increasing series of...
by Joseph Szczesny | Aug 2, 2012
Sales of new cars jumped 18% in July despite growing economic certainty. But the numbers also reflected shifts in the market dynamics that had prevailed over the past 12 months as Honda and Toyota reported big sales increases, while General Motors and Ford Motor...
by Joseph Szczesny | Aug 2, 2012
Wrapping up a series of setbacks, General Motors Co. today reported its net income dropped by 40% in the second quarter to $1.5 billion, or 90 cents per share, as it posted another huge loss by its money-losing European operations. In the second quarter last year, GM...
by Paul A. Eisenstein | Aug 1, 2012
Yes, you probably will pay more for that new car, truck or crossover you’ve been eyeing. With U.S. sales rising and factories, in many cases, stretched to the limit manufacturers have been curbing incentives and nudging prices higher, according to industry analysts....
by Joseph Szczesny | Aug 1, 2012
While overall US. Car sales appear to have jumped again for July, it wasn’t a good month for two of the Big Three Detroit makers. But Japan’s top two manufacturers, on the other hand, saw the price paid by the typical buyer surge to record levels. Industry analysts...