Autoblog

No Longer the 'Big Three,' but They've Stopped Shrinking

With U.S. automotive dominance waning, a new moniker has emerged: the "Detroit Three." But don't count out Ford, GM or Chrysler -- their post-recession future looks strong, thanks to some agonizing restructuring. Now, they can be profitable selling fewer cars.

Chrysler Finds It Can Be Profitable Selling Fewer Cars

The smallest of the Detroit Three, Chrysler has made substantial strides in turning around its business, including lowering the number of vehicles it needs to sell to make a profit. The automaker had pegged 1.65 million as its operating break-even point, but has just lowered this to about 1.5 million vehicles.

Ford Details Its Lincoln Reboot, Chrysler Talks Trucks

At the North American International Auto Show in Detroit Tuesday, Ford and Chrysler both announced plans to introduce a host of new models. Ford will add seven vehicles with "truly unique Lincoln DNA" to its luxury line, while Chrysler has its eyes on new pickups, a revived Jeep Grand Wagoneer, and possibly, a 'mini-minivan.'

Ford and Toyota Debut New Electric and Hybrid Vehicles

New models from Ford and Toyota drew the hottest interest Monday as the North American International Auto Show opened in Detroit: Each announced several electric and hybrid vehicles, including an electric Focus and a plug-in Prius.

Fiat Boosts Stake in Chrysler to 25% After Hitting Milestone

Italian automaker Fiat increased its stake has in Chrysler Group to 25% after the U.S. automaker met a key goal by starting engine production at a plant in Dundee, Mich., the company said Monday during the North American International Auto Show in Detroit.

Auto Dealers Are Upbeat on U.S. Sales for 2011

The nation's leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last years by 12%. The rise is attributed to pent-up demand, loosening credit and a rising stock market.

Chrysler's Prospects Riding High

Chrysler, which emerged from bankruptcy owned by its unions, Fiat, and the American taxpayers, is expected to announce its October sales surged 40% year over year.

Ford May See Record Third-Quarter Earnings

Riding high on improved demand for its vehicles, analysts expect Ford to post a record third-quarter profit of $1.37 billion compared to $997 million in the year-ago period. The automaker's current third-quarter earnings record is $1.13 billion, set in 1997.

Toyota Recalls 1.5 Million Vehicles Worldwide

Toyota Motor is issuing another recall -- this time it involves 740,000 cars and sports-utility vehicles in the U.S. and nearly 600,000 units in Japan to repair a seal on the vehicles' brake master cylinder that may leak fluid and impair braking performance.

Honda Fit Hybrid Battles Toyota Prius in Japan

Honda unveiled its new hybrid Fit subcompact in Tokyo Friday. At a starting price of around $19,160, it is cheaper than any other hybrid vehicle in Japan -- including Toyota's popular Prius.

General Motors to Build New Compact Sedan for Buick

GM is expected to announce the production of a new compact car for Buick -- the Verano. The upscale sedan will be assembled in a former Pontiac plant in Orion Township, Mich., helping to restore 1,200 jobs at the facility.

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota's Lexus nameplate, the nation's leading luxury brand.

Chrysler Dealers Eager to Sell Fiats

Eager for fresh products to sell to consumers, Chrysler dealers are vying for about 165 Fiat franchises. Fiat took over management of Chrysler last year as the carmaker was heading into bankruptcy.