auto

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.

GM's Chevy Volt Wins 'Car of the Year' at Detroit Auto Show

GM's long-anticipated plug-in electric hybrid hatchback picked up top honors at the huge auto industry show. The Volt was joined by Ford Motor's Explorer midsize sports-utility vehicle, which was awarded North American Truck of the Year.

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.

Fuel Efficiency Is Top Priority for Car Buyers Worldwide

Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives worldwide also showed that many have serious concerns about such vehicles' affordability.

Ford and Toyota in Dead Heat Among Consumer Perceptions

Toyota's recent spate of quality woes have allowed competitors to steal sales from the beleaguered automaker. Ford is also catching up with Toyota in another important measure of auto industry success -- consumers' opinions of vehicle brands.

Upbeat Consumers Push Auto Sales Higher

The nation's automakers ended 2010 on an upbeat note with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.

Ford Caps 2010 With 7% Sales Jump in December

Ford, the nation's second-largest automaker, reported its year-over-year sales rose 7% in December, driven by strong demand from consumers and giving the company its best retail-sales month of 2010. The Dearborn, Mich.-based carmaker sold 190,976 vehicles in December, compared to 179,017 a year earlier.

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting car dealer showrooms in December, likely propelling auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.

Fiat May Raise Its Stake in Chrysler to 51% Before IPO

Fiat CEO Sergio Marchionne said Monday that he could increase Fiat's ownership in Chrysler to more than 50% should America's smallest domestic automaker seek to return to the stock market this year, but that he doesn't plan to merge the companies' operations.

Chrysler and Ford Recall 160,000 Vehicles for Safety Defects

Chrysler Group is recalling more than 144,000 Dodge and Ram vehicles in three separate actions, and Ford Motor is recalling about 15,000 trucks and sport-utility vehicles that may catch fire. These actions add to what's been a near-record for auto recalls.

2010 Likely Busiest Year for Auto Recalls in Seven Years

2010 may be the year of the car recall, with the U.S.'s six largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors, at about 4 million, came in second.

Bullish Analysts Give General Motors Shares a Boost

GM's stock price rose as much as 2.5% in trading Tuesday after several brokerage houses began coverage of the stock, with several issuing upbeat initial ratings and hefty price targets. GM still faces a hard road forward, but Wall Street generally sees success ahead.

Feds Open Probe into Whether GM Should Recall Saturn Ion Models

The federal government is investigating whether some 384,000 Saturn Ion compact cars should have been included in a recall earlier this year. The recall was for more than one million General Motors models to repair power steering units that could fail.

Hyundai/Kia and VW Top Latest Safety Ratings

Who makes the safest cars? Hyundai Motor and its sister make, Kia Motors, along with Volkswagen and its luxury brand, Audi, garnered the most awards in the recent vehicle crash tests conducted by an insurance industry testing group.

General Motors Recalls 100,000 SUVs to Repair Seat Belts

Topping off a week in which Hyundai, Kia, Toyota, VW, Chrysler and Ford between them recalled hundreds of thousands of vehicles, General Motors today announced it is recalling 100,000 SUVs to repair front row seat belts that may come loose in a crash.

Ford Adds 37,000 Windstar Minivans to Axle Recall

Ford is expanding this summer's recall of Windstar minivans to replace axles that may crack after exposure to road salt. The automaker is adding 37,000 units in the U.S. and Canada to the original 575,000 Windstars from the 1998 to 2003 model years it recalled in August.

Nissan, Mitsubishi Team Up to Build New Mini Vehicles

Nissan and Mitsubishi plan to work together to bring some new vehicles to market. The Japanese automakers will establish a joint venture to produce a minicar for the home market by 2012, while Nissan will produce a small van for Mitsubishi, which in turn will make an SUV for Nissan.