by Paul A. Eisenstein | Oct 31, 2013
Here’s another reason not to let those bills go unpaid: damaging your credit record can add significantly to the cost of operating your automobile. A new study reveals that drivers with poor insurance scores pay nearly twice as much for auto insurance as those with...
by Paul A. Eisenstein | Oct 31, 2013
Even though its new plug-in hybrid, the Cadillac ELR, is still nearly two months from launch, the Detroit luxury maker is giving serious thought to adding more battery-based vehicles to its line-up, TheDetroitBureau.com has learned. Other models could include an even...
by Michael Strong | Oct 31, 2013
General Motors CEO Dan Akerson may have inadvertently woken up the automaker’s dealer base when he said the company wanted to make it easier to buy a vehicle online. “We want people to start buying cars over the Internet,” said Akerson during the company’s...
by Paul A. Eisenstein | Oct 31, 2013
U.S. traffic deaths fell by 4.2% during the first half of 2013, according to preliminary figures from the National Highway Traffic Safety Administration, reversing an unexpected upward surge the previous year. The federal safety agency still estimated that 15,470...
by Joseph Szczesny | Oct 31, 2013
Nissan is planning to sell two different versions of the Nissan Rogue by offering both a new model and the old version of the popular crossover vehicle which competes directly with products such as the Honda CRV and the Ford Escape. The completely redesigned 2014...
by Paul A. Eisenstein | Oct 30, 2013
It’s not the sort of name that rolls easily off the tongue, perhaps, but Subaru is hoping folks will bite when it rolls out the Levorg concept at the Tokyo Motor Show next month. The Japanese maker explains that the name given this sport tourer prototype is shorthand...
by Paul A. Eisenstein | Oct 30, 2013
After repeatedly delaying plans for a public stock offering and then suggesting Fiat might sever its ties with Chrysler if it went ahead with an IPO, the CEO of the two automakers now says he’s ready to put the process into overdrive. “That horse left the barn,” Chief...
by Paul A. Eisenstein | Oct 30, 2013
It’s been a rough month for high-flying Tesla Motors, but despite a pair of fires and several downgrades by industry analysts, the California electric vehicle maker remains upbeat enough to ink a deal that will substantially boost the number of batteries it buys from...
by Michael Strong | Oct 30, 2013
Volkswagen AG rode U.S. and China sales to a 20% increase in operational profits in the third quarter despite a 3.8% drop in revenue. However, the company’s net profit dropped to $2.6 billion (1.9 billion euros) from $15.6 billion (11.3 billion euros). Operational...
by Joseph Szczesny | Oct 30, 2013
General Motors reported its net income was cut in half during the third quarter as one-time adjustments for restructuring the company’s debt reduced profits to $700 million from the $1.5 billion reported for the same period a year ago. Despite the drop income, GM...
by Paul A. Eisenstein | Oct 30, 2013
The resurgent boom in pickup sales was good news for the Chrysler Group which saw net income surge by 22% during the third quarter, in sharp contrast to the declines posted by both of the maker’s cross-town rivals. Chrysler earned $464 million during the July to...
by Michael Strong | Oct 29, 2013
Government Motors is basically no more, and the final price tag for taxpayers to bailout the automaker is about $9.7 billion. The U.S. Department of Treasury now owns just 7.3% of the General Motors’ common stock after its most recent stock sell off. Taxpayers...
