sales

Just a bit over ten years ago, only a few of the dedicated had any idea what a hybrid car was, but in another ten years or so, the eco-friendly vehicles will account for 19.4% of total sales in the U.S., according to JP Morgan's latest estimates. Today hybrids make up a little less than 1% of the...

Announcements of the delays of new car models are almost more numerous than the new cars themselves, and it seems no one is immune to the practice. Mercedes-Benz today revealed it won't be releasing the new E-Class Cabrio (spied here) at Frankfurt this fall, and the E-Class Wagon will be delayed a...

As General Motors peers over the brink of the abyss into a future that very likely holds a bankruptcy, the hits just keep coming. Today industry forecasters revealed that Toyota will pass GM in U.S. market share by 2010 at current rates, while Ford will push past the General in North American...

The future of Saab is starting to look much brighter, thanks in part to important concessions from General Motors to help it build and design its own range of cars in the future, as well as a likely extension from Swedish courts for its restructuring deadline. For a while it looked as though Saab...

Toyota may be the world's biggest carmaker but that title appears more and more likely to pass on to Volkswagen as the Japanese carmaker announces another round of production cuts and plans to change up to 40% of its senior management. The news comes as Toyota reports its first operating loss in 71...

It's simple math: carmaker plus bankruptcy equals uncertainty and lower resale values. But Chrysler owners are feeling the bite of that equation as the value of their vehicles dropped 6% on average in a single week. In the week after Chrysler filed for Chapter 11 bankruptcy protection, owners of...

Toyota, often considered the industry leader when it comes to earning profits, has forecast an annual loss of $8.6 billion for the financial year ending March 2010, as it weathers one of the worst sales slumps in decades. As this is a forecast the final figure could easily change, however, the...

It's no secret that hybrid and small car sales have been among the hardest hit in the ongoing market downturn. They've fallen at rates well beyond the total market's decline and continue to do so, dropping 45.5% in April against the same time a year ago. But total hybrid sales are up 1.4% against...

It wasn't so long ago that people were deriding Ford for mortgaging the Blue Oval itself, key investors were dumping shares into the open market and the company was forced to sell off its stake in Mazda. But now a study is saying things have turned around, with Ford's image improving in relation to...

Despite the troubles in Detroit and Washington for U.S. carmakers, almost three-quarters of the buying public say they'd buy American - and over half of U.S. consumers are in the market for a new car within two years, according to a recent survey. The news is a glimpse of silver lining in the cloud...

All the great deals on new cars going around are tempting to many who would be buyers but for the tenous state of the overall economy, but not tempting enough to overcome the fear of a lost job, repossession and the trouble that follows. So Ford and General Motors are both stepping up today with...

Despite the global economic downturn, the nation of China is still on track to become the world's largest automaker by this year. Currently, China remains in second place to Japan, but last year the Chinese managed to overtake the U.S. to claim their current second-place position, and this trend is...

The 'cash for clunkers' type programs have proven hugely successful in Europe - particularly in Germany - and today President Obama put his support behind at $7,500 trade-in incentive for old cars. Along with the car scrapping push, Obama has also lent his support to a set of new car tax incentives...

Honda’s new Insight hybrid vehicle has been on sale in the U.S. for just over a week but demand for the car is already pushing production at the company’s Suzuka plant in Japan to the limits. Sales of the Insight in Japan are already triple what Honda had hoped for and with predictions...

In the highly reflexive world of modern markets, forecasts are often self-fulfilling, and that's just more reason to fear the word coming out of Tokyo today. The Japan Automobile Manufacturers Association (JAMA) is predicting the worst sales in 32 years for 2009, and already Toyota and Honda have...

Incentives, incentives, incentives. That's the name of the game at all of the major carmakers these days, and in many cases, it's paying off. Take the Pontiac G8 for example: despite a market that's off over 40%, the G8 sedan saw its best sales ever last month - over double the number sold in...

Following a record first-quarter profit for Ferrari, the slowing global economy and tightening credit markets slammed into the car industry and ground what had looked like a promising year to a halt. There was talk of tough times at Ferrari. But Ferrari's ledger sheet still looks bright, says the...

In what is set to become a terrible domino effect, lagging demand for new cars and an uncertain future at Hummer, Saturn and Saab dealerships is leading to an inventory pile up. That, in turn, means dealers are ordering no new cars, driving General Motors' production schedule even further out of...

Pain at the pump is a thankfully remote sensation for most Americans these days. Just last summer we were all hurting everytime we had to go somewhere, to the point where we traveled 30 billion fewer miles than the year before. But the absence of pain at the pump means we don't have much in the way...

Luxury carmakers have a knack for stamping their logos on almost anything, from pens, to laptops and watches. But the latest direction Bentley is turning for additional revenue has left us scratching our heads a little - the 90-year old company has started producing furniture, including tables and...