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...
Rick Wagoner was sent packing earlier this week, then GM debuted a new buyer assurance program and guaranteed warranties, and Fritz Henderson put out a message of... March 31, 2009 by Ralph Hanson
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... March 31, 2009 by Nelson Ireson
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... March 30, 2009 by Alex Kaufmann
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... March 30, 2009 by Nelson Ireson
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... March 26, 2009 by Kenneth Hall
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... March 24, 2009 by Kenneth Hall
Earlier this month, Toyota executive vice-president Masatami Takimoto confirmed the company was working on a small hybrid sports coupe for the European market but other than... March 23, 2009 by Viknesh Vijayenthiran
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... March 23, 2009 by Ralph Hanson
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... March 17, 2009 by Viknesh Vijayenthiran
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... March 13, 2009 by Ralph Hanson
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... March 6, 2009 by Ralph Hanson
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... March 6, 2009 by Kenneth Hall
Luxury sports car manufacturers are having a tough year in 2009, despite their successes last year. Earlier this month we heard from Porsche, who had experienced a massive... March 5, 2009 by Ralph Hanson
The Big 3 Detroit carmakers have been capturing the world's headlines with their economic and product woes for the past several months, but the truth of the situation is that... March 3, 2009 by Kenneth Hall
The bosses at Audi are gunning for their German rivals BMW and Mercedes-Benz, announcing this weekend a goal to sell more cars than either in Europe by 2010. Audi's... March 2, 2009 by Nelson Ireson