Used Cars Get More Affordable as New Car Sales Pick Up
With new car sales revving up, consumers are trading in old cars, resulting in lower prices for used cars.
automobile
Detroit Automakers Cutting Back on Summer Factory Shutdowns
Detroit's automakers are largely forgoing traditional two-week summer breaks at their factories and speeding up production to meet buyers' demand for new cars and trucks.
April Retail Sales Unexpectedly Rise
U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.
Chrysler Recalls 469,000 Jeep SUVs That May Roll Away
Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup.
Toyota's Comeback Gains Momentum
Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
GM Profit Hit by Lower North American Earnings
General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
Ford Adding 2,000 Workers at Missouri Truck Plant
Ford says it's adding 2,000 workers to a plant in Missouri that makes the F-150 pickup because of surging U.S. truck demand.
Chrysler's 1Q Profit Tumbles 65% As It Readies New Models
Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles.
Ford Earnings Jump Driven by Strong Truck and Fusion Sales
Ford reported better-than-expected first quarter earnings thanks in part to brisk sales of its Ford Fusion family sedan, which won AOL Autos Car of the Year honors for 2012.
Toyota to Build Lexus Sedan at Kentucky Plant, Add 750 Jobs
Toyota will start building the Lexus ES 350 at a factory in Georgetown, Ky., starting in 2015, and add 750 jobs.
GM Plans to Invest $332 Million in 4 U.S. Factories
General Motors plans to invest $332 million into four factories in three Great Lakes states to build new, more efficient engines and transmissions.
Crackdown on Sulfur Could Boost Gas Prices 9 Cents a Gallon
Reducing sulfur in gasoline and tightening emissions standards on cars beginning in 2017, as the Obama administration is proposing, would come with costs as well as rewards.
GM Recalls 34,000 Vehicles for Transmission Problems
General Motors is recalling nearly 34,000 Buicks and Cadillacs in the U.S., Canada and elsewhere to fix a problem with the automatic transmissions.
A New Way to Help Drivers Find Better Leases?
While car buyers have been able to comparison shop online for years, drivers who want to lease their cars mainly have had to do their own legwork -- until now. LeaseTrader.com this week launched a new service to help them comparison shop for leases.
Considering Leasing a Car? Read This First
In a still-shaky economy, more and more drivers are deciding to lease their cars instead of buy them. If you're considering leasing your next set of wheels, here's how to find out if it makes sense -- and to get a good deal.