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Toyota Speeds Past GM to Grab the Global Auto Sales Crown Again
Toyota has dethroned General Motors as the world's top-selling automaker. Though both companies' sales increased in 2012, Toyota bounced back from a manufacturing slowdown caused by Japan's 2011 earthquake to sell 9.7 million cars and trucks, while GM's sales rose just 2.9% to 9.29 million.
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.
Car Prices Jump As Japanese Shortages Grow
Car prices have risen quickly and quietly in the last few weeks. According to auto industry research firm Edmunds, the average amount buyers are paying for cars or light trucks is up $350 since Japan's earthquake and tsunami in March -- and the price of Japanese vehicles is up even more.
Wall Street Ups Bet Against Ford's Stock
Ford has had been nothing but full of good news lately: it recently reported a sharp rise in net income to $2.6 billion and it said that it would maintain its market share in the U.S. America for the balance of the year. So why is Wall Street pessimistic on the stock?
Earthquake, Gas Prices Could Set Back New Car Sales
New car buyers may go on strike -- again. Faced with the rising cost of fuel and parts shortages that could drive up new car prices and make some popular models scarce, consumers in the market for a new car may decide to delay purchases or turn to used cars.
How Japan Quake May Affect U.S. Economy
It's still too early to measure how a devastating earthquake and tsunami in Japan will impact the U.S. economy. A few things, however, are all but certain.
Europe's Woes Could Slow the Global Auto Industry
Europe's floundering economy could hurt car sales at Ford and other automakers, worries Bill Ford, executive chairman of Ford Motor.
Face-Off on Stocks: General Motors, Ford, Toyota
With the Great Recession pushing consumers to hold off on car-buying for as long as possible, pent-up demand is now likely to boost the automakers. But an industrywide pickup won't necessarily benefit all players equally. Of GM, Ford and Toyota, which stock might do best? [Video]
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.
Is Toyota Seeking a Massive Reduction in Parts Costs?
A new report indicates that Toyota (TM) plans to cut the price of its car parts by 30%.
GM Readies IPO and Chrysler May Be Next
Chrysler believes it can go public next year and GM has already said it plans an IPO later this year.
Moody's Cuts Toyota Rating as GM Rises from the Ashes
Ratings agency Moody's has cut Toyota's credit rating one notch, from Aa1 to Aa2, its third-highest rating, due to concerns about future profits.
