chrysler

Ford Gets Its Blue Oval Out of Hock

Dogged by creditors, and deep in debt, Ford had to hock its most famous icon back in 2006, putting it up as security for $23.4 billion in loans. On Tuesday, Ford got it back.

GM's Not Unplugging Chevy Volt ... But It's Low on Juice

Bad news for GM: The Chevy Volt still isn't selling the way the automaker hoped it would, so it's temporarily halting production of the battery-powered hybrids for five weeks. Worse news for GM: Shutdowns like this only make the Volt a harder sell.

Ford Can't Take a Joke, but It's Not the End of the World

Chevy's Super Bowl ad poking fun at Ford's pickups has turned into an all-out brawl in Detroit. Has Ford just lost its sense of humor, or is there more at stake here than meets the eye? Actually, there's a lot more -- and some of it's excellent news.

US Auto Sales Rise in January, Led by Chrysler, VW

U.S. auto sales are off to a strong start this year, continuing the brisk pace from late 2011. Chrysler had its best January in four years while Ford got a boost from small cars and SUVs. Volkswagen, which wants to aggressively expand in the U.S., reported much higher sales. One sour note was GM, where sales fell.

Toyota's Still Tops to Consumers, but Ford's Closing In

Despite its troubles in recent years, Toyota retained its crown in Consumer Reports' annual survey of auto-brand perception, but the survey also showed that Ford is rapidly closing the gap, and other brands aren't far behind.

Factory Output Surge Lifted U.S. Economy in December

U.S. factory output surged in December by the most in year. Stronger demand for business equipment, vehicles and energy offered the most visible evidence that manufacturing has roared back from the depths of the recession. The Fed said Wednesday that manufacturing increased 0.9% in December, the biggest gain since December 2010.

America's Next Great Carmaker: Toyota?

Perhaps the most surprising recent news in the auto industry last week was this little gem. In large part owing to President Obama's negotiation of a free trade agreement with South Korea earlier this year, Toyota will be expanding exports of U.S.-built vehicles to Korea for sale.

Chrysler Sets Big Expansion at Ohio Assembly Plant

Chrysler says it will add 1,100 jobs at an Ohio assembly complex as part of a $1.7 billion investment to build a new Jeep sport utility vehicle. The automaker said Wednesday that includes $500 million to expand its Toledo assembly plant and add a body shop. State and local officials signed off on incentives for the project.

Hyundai and Kia See Accelerating Sales in September

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, according to research firm Truecar.

GM On Track to Be August's Car Sales Winner

GM is expected to show a sales increase of 15.3% from a year ago when it posts August numbers later this week, according to auto industry research firm Edmunds. That would be an improvement of 30,000 cars and light trucks and would eclipse the unit gains of its smaller rivals.

Total Recall: Turkey, Cars, Step Stools and More

DailyFinance collects all the new recalls here each week to help you keep track of the food and products to avoid. This week's recalls include Honda cars, Chrysler minivans, an herbicide from DuPont, a pin from the Build-A-Bear Workshop, step stools from Target and ground turkey from Cargill.

Is It Time for Unions to Sober Up?

In this economy, many Americans feel grateful to have jobs in the first place. The nation's high unemployment rate makes recent video of some of Chrysler's unionized workers drinking and smoking pot on the job all the more galling. It's time for unions to stop protecting slacker employees.

Toyota Accelerates Toward a Market Share Recovery

Toyota will announce Friday that by September, it expects to have all of its North American plants back to their normal production levels. Then, it can begin attempting to recoup the U.S. market share it lost due to shortages related to the Japan earthquake and tsunami, as well as a slew of recalls.

The Financial Landscape: Moody's Mulls Debt Ceiling

Looks like rough sailing ahead: Moody's warned the GOP that its game of chicken with the debt ceiling risked a downgrade of U.S. debt, and the Labor Department said May hiring took a dive. But there are some things investors can look forward to: a Groupon IPO, and the government selling its last shares of Chrysler.

Why Wall Street Is Betting Against General Motors

Short sellers have significantly increased their bet that GM shares are going to drop: Short interest in the No.1 U.S. car company jumped 26.5% to 41.5 million shares in the two-week period that ended May 15.

Is Chrysler IPO Delay an Auto Industry Warning?

Chrysler's IPO may be delayed, according to CEO Sergio Marchionne. He claims the decision will be based on the cash needs of the company and payments to the UAW healthcare trust. But is it really a sign of larger problems in the industry?

Honda, Chrysler and Toyota Issue Safety Recalls Involving 77,000 Cars

Three top automakers are recalling vehicles for items ranging from steering problems to stalling engines to faulty tire-pressure monitoring systems. The largest involves 35,000 Honda Civic hybrid models to fix electrical components that could cause headlights to shut off or the engine to stall.

February's Sales Put Carmakers in the Fast Lane

It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.

February Auto Sales Likely Kept Zipping Along

Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago as consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.

Just What Detroit's Revival Doesn't Need Now

As it did in the summer of 2008, when prices at the pump soared above $4 a gallon, big price jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chrysler, which is still catching up.

GM and Chrysler Will Pay Bonuses to Salaried Workers

Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The payout is likely to anger the companies' unionized workers.

Though Chrysler Is Still Unprofitable, Employees Earn a $750 Bonus

Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the company's top 50 executives, will also receive the payment.

January Auto Sales Should Build on 2010's Momentum

A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.

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.