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Toyota Camry Hybrid

Toyota forecasts $8.6 billion annual loss, posts $6.9 billion loss for last quarter

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...

May 8, 2009 by 
 
Chevrolet Corvette Coupe

Slow sales to keep Corvette plant closed through July

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 


 
Lincoln MKS

Ford, GM announce new buyer assurance incentives

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 


 
China's already busy streets are soon to be even more crowded

China to be world's largest auto producer by the end of the year

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 


 
Obama addresses the U.S. auto industry

Obama throws weight behind car scrapping, new car tax incentives

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 


 
2009 Honda Insight Hybrid

Honda struggling to meet demand for Insight, U.S. production still a long way off

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 


 
2010 Toyota Prius

Toyota and Honda continue cutting output as Japan's sales head for 32-year low

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 


 
Toyota Celica

Toyota-Subaru joint sports car may lead to Celica comeback

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 


 
Pontiac G8 GT

Pontiac G8 sees record sales amid harrowed industry

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 


 
612 scaglietti 1to1 1

Ferrari announces record 2008 profits, retirement of Jean Todt

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 


 
GM's troubled Saturn brand is emblematic of the struggle with inventory

GM dealers not ordering new cars due to uncertain brand futures

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 


 
Honda Insight Hybrid

AutoNation CEO says he has 600,000 hybrids sitting on lots across America

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 


 
Bentley Crewe factory

Bentley gets idle staff to build furniture

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 


 
2009 lamborghini gallardo lp 560 motorauthority 013

Lamborghini sales drop 40%, Winkelmann fighting to stay in the black

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 


 
2010 toyota subaru sports car motorauthority 002

Insider: Toyota-Subaru joint RWD could be on sale in Europe by 2011

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 


 
2009 audi a4 allroad 001

Audi: we will beat Mercedes and BMW in Europe by 2010

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 


 
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