Auto Industry, Automaker | featured news

Several of India's car makers reported a drop or a modest increase in sales for December, despite year-end discounts and the recent introduction of new models.

Motor Intelligence estimates a 6.49 million sales pace for domestic trucks in November and a 5.55 million sales pace for domestic autos for a total of 12.04M

General Motors' Chevrolet Volt plug-in hybrid car topped Consumer Reports' annual owner-satisfaction survey for the second straight year. Ninety-two percent of Volt owners surveyed said they would definitely buy the Volt again.

In a remarkable turnaround, Toyota is likely to set a record for auto sales this year. It has focused much effort on the U.S., refreshing its lineup and expanding its manufacturing in the country.

President Obama ripped Republican presidential nominee Mitt Romney on Friday for running a misleading TV ad implying that U.S. auto workers are going to lose their jobs because Chrysler is moving the production of Jeeps for Chinese consumers to China.

Ford's leaders have watched Mark Fields, a brash Harvard MBA, turn Ford's North American operations into a profit machine. Now the CEO job is his to lose....

General Motors Co on Wednesday posted a far stronger-than-expected profit and said it was targeting a return to break-even levels in its money-losing European operations by mid-decade after a loss of as much as $1.8 billion in that region this year.

General Motors Co. announced on Friday a big recall of Chevrolet, Pontiac and Saturn mid-size sedans to fix a transmission problem that could cause the cars to roll away after the driver has left the vehicle.

Strong pickup demand fueled a big jump in U.S. auto sales last month. GM's August U.S. sales rose 10 percent compared with a year earlier, while Ford's rose 13 percent and Chrysler's 14 percent. Most automakers reported strong gains as Americans flowed into dealer showrooms, drawn by model-year closeouts, low-interest financing and appealing new models. Analysts expect overall sales to rise around 20 percent when companies finish reported later Tuesday.

A Hong Kong-owned company says it has completed the acquisition of bankrupt car maker Saab and will move ahead with its business plan to make electric cars under the Swedish brand.