by Joseph Szczesny | Feb 25, 2013
February vehicle sales are heading for another solid month despite headwinds such as economic turbulence created by gridlock in Washington D.C. and a spike in gasoline prices, according to those who track trends on the showroom floor. The surge in demand is coming...
by Paul A. Eisenstein | Feb 22, 2013
Honda will be moving its North American corporate headquarters to Ohio – where it set up Japan’s first auto assembly plant in the U.S. more than 30 years ago. Adding even more significance to the move is the promotion of Tetsuo Iwamura who will now serve as Honda’s...
by Paul A. Eisenstein | Feb 22, 2013
What should have been an especially good bit of news for Volkswagen was tempered by the maker’s less-than-upbeat outlook for the European market this coming year. The German maker, which was the world’s third-largest automotive manufacturer in 2012, saw a 40.9% surge...
by Joseph Szczesny | Feb 22, 2013
Gas prices have taken some big jumps in recent weeks, rising an average of about 45 cents since this time last month. There are pumps now pushing past the $5 mark in parts of Southern California, and some speculators are betting the traditional, seasonal spikes could...
by Paul A. Eisenstein | Feb 22, 2013
When Ford announced it would finally pull the plug on the long-lived Ranger compact pickup a few years back, many expected the maker would simply replace it with the all-new Ranger model it had develop for worldwide use, launching it into production in Thailand in...
by Paul A. Eisenstein | Feb 22, 2013
Massive piles of debris have yet to be removed from some of the areas hardest hit by Superstorm Sandy, and it could be years before the damage is fully totaled up, never mind repaired, but adjusters have come up with a fairly conclusive tally of the automotive impact,...
by Paul A. Eisenstein | Feb 21, 2013
Volkswagen plans to launch what it is billing as the world’s most fuel-efficient production car, the plug-in XL1 expected to yield a combined fuel economy rating of 261 miles per gallon. The gas-electric 2-seater also will get an estimated 32 miles per charge in...
by Paul A. Eisenstein | Feb 21, 2013
There’s been plenty of talk about the U.S. housing crisis, foreclosures rising to record levels during the recent recession. But car buyers also struggled to pay their bills and keep the repo man from showing up at their door. The good news is that loan delinquencies...
by Joseph Szczesny | Feb 21, 2013
Daimler AG Supervisory Board, facing a troubled European economy and fierce competition from rivals in the luxury segment, has given a three-year extension to Dieter Zetsche, the maker’s chairman and the head of its flagship Mercedes-Benz brand. There had been some...
by Paul A. Eisenstein | Feb 21, 2013
The first automaker to offer a hybrid-electric vehicle in the U.S. market, Honda is diving even deeper into renewable energy with a project it says could make solar power affordable for its dealers and customers. The goal of Honda’s new partnership with SolarCity is...
by Paul A. Eisenstein | Feb 21, 2013
Audi will move a big step closer to launching its battery-powered sub-brand when it reveals the new A3 e-tron at the Geneva Motor Show early next month. Like many of its key competitors, the luxury maker has been toying with a variety of electric drivelines, from...
by Paul A. Eisenstein | Feb 21, 2013
Shortly after traders finished the day, Tesla Motors revealed another loss for the fourth quarter of 2012 – but the electric vehicle maker also said it now expects to be “slightly profitable” during the first three months of this year, well ahead of its earlier...
