by Paul A. Eisenstein | Nov 5, 2012
Long lines of motorists snake through New Jersey shore communities still buried under the sand tossed inland by Superstorm Sandy. The scene repeats itself in New York City and its suburbs, and up along the storm-ravaged coast. Even as the Northeast digs out from...
by Paul A. Eisenstein | Nov 5, 2012
Toyota Motor Co. tripled its net earnings for the July – September quarter as it continued recovering from last year’s devastating Japanese earthquake and tsunami. The huge jump – which saw the maker’s profit jump to 257.9 billion yen, or $3.2 billion, well in excess...
by Henny Hemmes | Nov 2, 2012
After years of struggling to revive the ailing brand, Fiat/Chrysler CEO Sergio Marchionne appears ready to pull the Lancia brand off life support. “The brand will be reduced or eliminated,” the executive revealed during a conference call discussing plans to improve...
by Paul A. Eisenstein | Nov 2, 2012
It’s been said that at some point or another, everything old is new again. And the auto industry has a history of embracing retro designs such as the reborn Chevrolet Camaro and Dodge Challenger models. Ford even had a retro design studio in operation for a while –...
by Marty Bernstein | Nov 2, 2012
Doyen of domesticity moves into garage: Martha Steward & Toyota Avalon Sheets, towels, paint, pots, pans, plants, party planning, gardening, television shows, publications and more are just some of the associations Martha Stewart has used to become one of most...
by Paul A. Eisenstein | Nov 2, 2012
Days after Chrysler and General Motors rebuked GOP presidential candidate Mitt Romney for incorrectly claiming they were transferring production – and jobs – from the U.S. to China, professional limelight seeker Donald Trump jumped into the fray. The self-declared...
by Paul A. Eisenstein | Nov 2, 2012
The two major Korean automakers operating in the U.S. have acknowledged overstating the fuel economy delivered by vehicles like the Hyundai Elantra and Kia Sorrento by as much as six miles per gallon. Discovered during a routine audit by the Environmental Protection...
by Jim Dunne | Nov 1, 2012
Once one of the dominant luxury brands, Lincoln has slipped into near obscurity, in recent years, as it’s been passed by BMW, Mercedes-Benz and Lexus as well as cross-town rival Cadillac. Part of the problem has been a lack of a competitive product portfolio. But now,...
by Joseph Szczesny | Nov 1, 2012
Admittedly late to the party, can Nissan regain its place in a radically changed sport-utility market? That’s the big question the maker faces as it rolls out an all-new version of the long-running Pathfinder. The new model is more than just a face-lift, in fact, more...
by Paul A. Eisenstein | Nov 1, 2012
Though a senior GM executive estimates half of the maker’s dealers in New Jersey are still not open in the wake of Superstorm Sandy, the maker said its sales nonetheless hit their highest October levels since 2007. And most of the industry’s other major players also...
by Paul A. Eisenstein | Nov 1, 2012
Ford Motor Co. has come a step closer to resolving two of the most frequently heard questions in the automotive industry, but it has not given a complete answer as to when CEO Alan Mulally will step down – and who will succeed him. But a strong clue emerged Thursday...
by Paul A. Eisenstein | Nov 1, 2012
Despite an intense turnaround effort that will include plant closings, job cuts, a management shake-up – and a flood of new product – General Motors doesn’t expect its hemorrhaging European operations to be back in the black until mid-decade, according to the...
