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.
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 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.
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?
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.
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 floundering economy could hurt car sales at Ford and other automakers, worries Bill Ford, executive chairman of Ford Motor.
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, 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.
A new report indicates that Toyota (TM) plans to cut the price of its car parts by 30%.
Chrysler believes it can go public next year and GM has already said it plans an IPO later this year.
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.
Toyota's Prius was the No.1 selling car in Japan for the 11th month in a row.