by Paul A. Eisenstein | Feb 5, 2013
Toyota has substantially increased its earnings forecast for the current fiscal year, predicting profits now will triple when compared with what it delivered in the wake of the March 2011 Japanese earthquake and tsunami that nearly shut the maker down. The maker has...
by Paul A. Eisenstein | Feb 4, 2013
Toyota remains the automotive brand with the highest perception among American consumers, according to an annual study by Consumer Reports magazine, with Ford and Honda coming in close behind. In a significant development domestic automotive brands accounted for half...
by Paul A. Eisenstein | Feb 4, 2013
It’s been a good year for classic car collectors – and even better for those who have put their cars up for auction. All sorts of records fell during the annual gathering of collectors in Scottsdale, Arizona last month and observers expect to see even more tumble in...
by Paul A. Eisenstein | Feb 4, 2013
After suffering a series of setbacks in the world’s largest automotive market last year, Daimler AG isn’t planning to let that happen again. It has already shaken up its management team and now the parent of Mercedes-Benz is taking a major stake in its Chinese...
by Paul A. Eisenstein | Feb 4, 2013
In a Super Bowl that was nearly halted by a blackout at the New Orleans Superdome, advertisers provided plenty of distraction for an estimated 111 million viewers. And a handful of marketers turned to long-form mini-dramas to stand out from the clutter. Along with...
by Paul A. Eisenstein | Feb 4, 2013
It was, to mangle Charles Dickens, the best of times and the worst of times for the two domestic luxury makers last month. For Cadillac, January brought a sign of vindication suggesting that, after a slow start for the 2013 model-year, critical new products like the...
by Paul A. Eisenstein | Feb 1, 2013
U.S. auto sales maintained the strong upward trend that delivered a solid send-off to 2012 – most major manufacturers reporting double-digit gains for January. A number of manufacturers set new sales records during the first month of 2013, and Detroit makers, in...
by Paul A. Eisenstein | Feb 1, 2013
With a significant surge in recent months as it rolls out new product, Ford Motor Co. is betting it has begun to close the gap with the long-time leader in the hybrid market, Toyota Motor Co. Ford is reporting a more than threefold increase in sales of its various...
by Joseph Szczesny | Feb 1, 2013
General Motors has recruited a former Volkswagen executive to run its beleaguered European operations, which have fallen ever deeper into the red for 13 consecutive years. Karl-Thomas Neumann was named president of GM Europe, chairman of the management board of...
by Joseph Szczesny | Feb 1, 2013
Anyone wondering whether the U.S. auto market could maintain the fast pace that helped deliver an unexpectedly strong close to 2012 needn’t worry. The New Year is off to a fast and promising start based on the first sales numbers to come in for January. Notably,...
by Marty Bernstein | Feb 1, 2013
We’re rapidly approaching that annual celebration of advertising excess known as the Super Bowl. And this year’s event, XLVII is already creating headlines, as the debate over Volkswagen’s Jamaican-themed spot demonstrated this past week. Almost 40% of the ads that...
by Bryan Laviolette | Feb 1, 2013
Honda will integrate Apple’s Siri intelligent assistant into its vehicles as an option for customers who own iPhones. Siri’s is a potentially significant development for an auto industry where carmakers are scrambling to equip vehicles with the next big...