Ford Motor Company (NYSE: F) sales dropped 5 percent in April, despite sales growth for its Explorer, F-series trucks, Fusion and Edge vehicles, the company reported Tuesday.
Chrysler Group LLC said Tuesday that U.S. auto sales rose by 20 percent in April, the strongest result in four years and another sign of a resurgent auto industry.
Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.
Orders for long-lasting goods sank in March by the largest margin in three years, hurt by falling demand for commercial aircraft, the Commerce Department reported Wednesday.
U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.
Alfa Romeo will once more grace the streets of the U.S. with its fashionable wheels and seductive curves decking out the new 4C by the end of 2013, and the 4C trademark was issued on April 10, according to a new release posted by the U.S. Federal News Service.
The 2013 SRT Viper literally roared into the New York Auto Show when its crew gunned the engine with a heart rattling growl on Wednesday. The new car is regarded within the company as the beginning of a reinvention for Chrysler and SRT.
U.S. sales of autos surged in March as consumers decided to replace aging gas-guzzlers and take advantage of low interest rates, especially to buy fuel-efficient vehicles.
Chrysler Group LLC reported its March 2012 U.S. sales increased 34 percent, the best monthly sales in four years for the company.
March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
Scott Kluth has a love-hate relationship with his new Fisker Karma luxury electric sedan.
Volkswagen AG said Thursday it will create 800 more jobs at its only U.S. plant to ramp up production of the Passat sedan. Meanwhile, the United Auto Workers has launched a drive to unionize workers at the plant.
Fiat S.p.A. subsidiary Maserati S.p.A. plans to increase sales by at least 900 percent by 2015, CEO Harald Wester reportedly said on the sidelines of the Geneva Motor Show 2012 where it debuted its new Maserati GranTurismo Sport last week, Auto News reported Sunday.
Vice President Joe Biden Thursday launched a series of four campaign events with remarks at a United Auto Workers local's union hall in Toledo.
Sales at U.S. retailers jumped in February by the most in five months, showing broad-based gains from autos to building materials, underscoring yet another hopeful sign of a strengthening economy.
President Barack Obama Friday told Rolls Royce workers in Virginia that day by day, we're restoring this economy from crisis.
Chrysler Group LLC chief executive Sergio Marchionne received no salary or stock awards from Chrysler in 2011, according to the annual report filed by the company.
Fiat SpA and Chrysler Group LLC CEO Sergio Marchionne said Tuesday at the Geneva Motor Show that production of the highly anticipated Dodge Dart may be pushed back from April 1 to April 2.
Chrysler Group, LLC is recalling over 200,000 2004 and 2005 Jeep Liberty SUVs due to a danger of corrosion to their rear suspension.
Fiat SpA is searching for an Asian partner following the solidification of an alliance between General Motors Co. and PSA Peugeot Citroën, Bloomberg reports.
Amid rising gas prices and increasing demand for alternative sources of energy, automakers in the United States are turning to natural gas to power new pickup trucks.
The auto sales in the U.S. picked up to the fastest rate in four years strengthened by the climb in sales of fuel-efficient vehicles as gasoline prices continued to surge.
