AutoIndustry
| 10:00AM 9/28/2011
Hyundai and its stablemate Kia have been taking U.S. auto market share gradually for more than two decades. Lately, though, those chunks have gotten bigger. The South Korean car makers' sales are expected to surge almost 25% in September compared to the same month year ago.
| 4:00PM 8/11/2009
Finally, U.S. automakers may have found their way out of the recession with a car Americans should be willing to buy -- the Chevy Volt and the 230 miles per gallon of gasoline it will get in city driving.General Motors announced on Tuesday morning that the $40,000 Chevrolet Volt rechargeable...
| 12:00PM 8/05/2009
When car manufacturers fell in love with rebates, some car dealers found that these programs didn't increase sales very much; they simply drew the shoppers who intended to buy in the near future. I wondered if Cash For Clunkers might be doing the same thing, leading to a sharp decline in sales...
| 11:00AM 2/27/2009
Dealers are noticing consumers shifting toward used cars. Indeed, some dealers report that they're having trouble keeping up with the demand. Prices on some used cars are on the rise even as dealers sit on piles of unsold new cars.Despite the price rise, this is such good news. For decades,...
| 3:00PM 11/10/2008
Now that General Motors and Ford Motor Co. are staring into the abyss of free market capitalism (stay competitive or die), the two remaining publicly -owned members of the vaunted Big Three automakers are sucking up to the Fed for a piece of the $700 billion financial industry bailout. Congress has...
| 3:45PM 2/28/2008
When I saw Tuesday's front page New York Times story on Ford's pedal-to-the-metal drive to move its bloated hourly workforce to accept buyouts, I buckled up for another pothole-strewn, auto sector downer story. But then I read the thing, and found it surprisingly positive, touting the creativity,...