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.

Automakers' Next Big Worry: A Sales Slowdown in China

The major players in the auto industry have had it rough in the past few years, first with the massive sales declines caused by the recession, and more recently, with the disaster in Japan. But the next challenge they face is already looming on the horizon: A slowdown in Chinese car sales.

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.

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.

Toyota Keeps Slim Lead Over GM Despite Recall Woes

Toyota managed to hold onto the title of world's No. 1 automaker last year, despite numerous safety recalls that took a toll on its sales. Toyota sold 8.42 million vehicles worldwide in 2010, enough to barely edge out resurgent General Motors, which rang up sales of 8.39 million.

Upbeat Consumers Push Auto Sales Higher

The nation's automakers ended 2010 on an upbeat note with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting car dealer showrooms in December, likely propelling auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.

Hyundai/Kia and VW Top Latest Safety Ratings

Who makes the safest cars? Hyundai Motor and its sister make, Kia Motors, along with Volkswagen and its luxury brand, Audi, garnered the most awards in the recent vehicle crash tests conducted by an insurance industry testing group.

Chinese Auto Market Set for More Growth in 2011

The Chinese auto market, already the largest in the world, is set for strong growth in 2011. General Motors Corp. (GM), the largest foreign automaker in China, expects sales to climb by as much as 15% in line with the wider market, Bloomberg News reported. Volkswagen (VLKAY), Europe%u2019s biggest carmaker, is forecasting that the market will grow by at least 10%.

U.S. November Auto Sales Show Plenty of Zip

It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.

The New GM Could Put Investors in the Fast Lane

After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations.

Volkswagen Unveils $71 Billion Investment Plan

Volkswagen (VLKAY), Europe%u2019s top carmaker, plans to invest 51.6 billion euros ($71 billion) over the next five years. The company%u2019s supervisory board approved the investments in plants, vehicles and development for the nine Volkswagen brands, Bloomberg News reported.

Three Companies That Are . . . Cutting Prices

Amazon, Volkswagen and a group of Florida real estate companies are drastically dropping the prices of some of their key products. In the video above, Douglas McIntyre reveals which products are getting the biggest price cuts. Could these cuts be a sign that deflation is at work? McIntyre does not believe that is the case.

A Record U.S. Sales Month for Foreign Carmakers

Based on initial reports, foreign automakers appear to have had their best sales so far this year in October despite consumer wariness about the lackluster economy. Hyundai, Kia, Subaru and Volkswagen all turned in solid performances.

October Auto Sales: Is the Market Improving?

Automakers on Wednesday are expected to report a mixed picture for October: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year sales forecasts of 11.5 million to 12 million units is reachable.

To Topple Toyota, Volkswagen Must Accelerate in the U.S.

VW has set a hefty goal for itself: to displace Toyota as the world's No. 1 car company. The German automaker is actually within reach, thanks mainly to its huge lead in China. To overtake Toyota, however, VW will need to really ramp up sales in the American market.

Volkswagen on Track to Overtake Toyota, CEO Says

Volkswagen (VLKAY) CEO Martin Winterkorn said the company is on track to overtake Toyota Motor Corp. (TM) as the world%u2019s largest automaker. The German company beat Toyota%u2019s full-year profit goal in the first nine months.

Legal Problems May Delay Volkswagen's Merger With Porsche

Legal wrangling may delay Volkswagen%u2019s (VLKAY) merger with Porsche, Volkswagen CEO Martin Winterkorn said. Volkswagen planned to complete a merger with Porsche in 2011. Porsche originally planned to buy Volkswagen by securing stock options, only to see its debt levels surge.

Auto Industry Cruises on Slow, Steady Demand

Though vehicle sales have underperformed some analyst expectations in recent months, results are much improved compared to those of a year ago. The industry is seeing a broad trend that is benefiting nearly all automakers.

September Auto Sales: Don't Expect Much Sizzle

Overall demand for new cars and trucks, while better than a year ago, is likely to be lower than that recorded in August, itself an unimpressive month. That would mean auto sales are stuck in a four-month-long rut.

Bentley Recalls 596 Cars Over Faulty Hood Ornaments

Recalling luxury cars to fix faulty hood ornaments might sound like a joke, but ultra high-end automaker Bentley Motors isn't dismissing reports that its famous "flying B" metal emblem on some models may fail to collapse in a crash: It's fixing the problem in its $200,000-plus vehicles.

Volkswagen Taps Ex-GM Exec as CEO of U.S. Unit

Volkswagen has tapped a veteran with deep knowledge of the U.S. domestic auto industry to head its U.S. operations. The German carmaker named Jonathan Browning, who has worked for both General Motors and Ford Motor, as CEO of Volkswagen of America.