autoblog
No Longer the 'Big Three,' but Detroit's Automakers Have Stopped Shrinking
10:45AM 1/21/2011
Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos, Chrysler
With U.S. automotive dominance waning, a new moniker has emerged: the "Detroit Three." Still, 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
11:00AM 1/13/2011
Company News, Ford Motor Co, General Motors, Autos, Chrysler
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 Plans for Its Lincoln Reboot, Chrysler Talks Trucks
10:22AM 1/12/2011
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 in Detroit
5:20PM 1/10/2011
Company News, Honda Motor Co, Ford Motor Co, Green, Toyota, General Motors, Autos
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.
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
11:45AM 1/07/2011
Energy, Company News, Technology, Economy, Honda Motor Co, Ford Motor Co, Green, Toyota, General Motors, Autos, Chrysler
The nation's leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last year's by 12%. The rise is attributed to pent-up demand, loosening credit and a rising stock market.
The auto giant announced plans Monday to extend its start-stop technology -- a feature common to gas-electric hybrids -- to its conventional gasoline-powered passenger cars and SUVs as well.
General Motors Sales Rose 3.5% in October
11:50AM 11/03/2010
Company News, Economy, Honda Motor Co, Ford Motor Co, Toyota, General Motors, Autos
Buoyed by stronger demand for pickups and crossover, GM said today that October sales increased 3.5% compared to a year ago. Excluding its discontinued brands, sales of Buick, Cadillac, GMC and Chevrolet models rose 13% for the month.
BMW Earnings Jump, Luxury Car Maker Raises 2010 Forecast
8:10AM 11/03/2010
BMW raises its earnings outlook for the year as profits soar to %u20AC874 million from %u20AC78 million in the same period a year ago.
General Motors Plans to Add 600 Jobs at Michigan Plant
12:22PM 10/28/2010
General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.
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