The estate of Lehman Brothers is battling Bank of America and Barclays in court over the sale of Archstone, the large multifamily housing landlord that real estate mogul Sam Zell's Equity Residential is seeking to buy.
Toyota Motor Sales, U.S.A., Inc. reported sales of 178,131 cars in December, up 0.4 percent from 177,488 cars from a year ago. Sales beat forecasts by analysts polled by Bloomberg, who had predicted an average 1 percent drop in sales.
As one analyst said, the U.S. market isn't the cash cow it once was, but it's still a mature and profitable market, as opposed to more volatile emerging markets, or stagnant ones in Europe, said Rebecca Lindland, an analyst with the consulting firm IHS Automotive, according to The New York Times.
Italian automaker Fiat increased its majority stake in Chrysler on Thursday to 58.5 percent from 53.5 percent, reaching the goal set by the United States government after it bailed out and restructured the American automaker under bankruptcy protection in 2009.
The United States auto industry put a cap on its best year since crumbling to unforeseen depths in 2008, as the Big Three auto companies all reported strong December sales that met or exceeded analyst estimates.
Chrysler reported a 37 percent rise in U.S. new-vehicle sales in December as the U.S. automaker finished the year with strong gains thanks to a refreshed lineup of cars and trucks.
Chrysler on Monday announced and released photos of the 2012 Dodge Charger Redline, which the company will debut next week at the 2012 North American Auto Show in Detroit.
Fuel-efficient cars and a slew of new SUV models will be unveiled at Delhi's Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales.
When you rent a car, there's a chance the vehicle has been recalled and, if it has been, that it hasn't yet been repaired. That's at the heart of a battle over whether the rental car industry should be required to fix cars before sending them out with customers.
A large part of Jesse Toprak's job as the chief automotive industry analyst for TrueCar.com is to advise consumers on which cars to target -- and the clunkers to avoid. In 2011, though, something changed within the United States automotive industry. There are very few, if any, clunkers.
Chrysler has officially ended production of the Dodge Caliber, the company said last week, ending the line's rocky run and paving the way for the Fiat SpA-designed Dodge Dart.
Amp Electric Vehicles will introduce a converted electric version of the Jeep Grand Cherokee next month at the Detroit Auto Show.
Steven Rattner, the former head of the United States auto task force, attempted to clarify remarks about the salary of United Auto Workers members that he made last Thursday in speaking before the Detroit Economic Club.
Steven Rattner, the former head of the United States auto task force and dubbed President Barack Obama's car czar, called the auto industry's 2009 bailout an unambiguous success Thursday. But he acknowledged that taxpayers, footing the $82 billion bill to bail out Chrysler, General Motors and Ally Financial, will lose about $14 billion of their investment.
Regus specializes in short-term, flexible office leasing. The company has expanded to over 92 countries with 1,200 locations, and with the soft economy, it is poised to continue growth.
Chrysler released an interior preview Tuesday of its 2013 Dodge Dart, the car the company hopes will help reinvigorate its standing in the compact-car market.
Chrysler and Hyundai led the way for strong automotive sales in the United States in October, as sales continue to rebound from recession slumps, according to analysis from the Great American Group released Monday.
Will Smith and Tommy Lee Jones reprise their roles in the third MiB installment.
The Dodge Dart, which became successful as a compact car in 1976, will be making a comeback in 2013, according to reports.
The J.Lo, TATS Cru mural suit has been settled, The Daily News reports. The unauthorized use in a Fiat ad was resolved at high speed, and while terms are confidential, the Cru seems down with it.
Down a stretch of cobblestone in Manhattan's Soho neighborhood, a historic cast-iron building encloses a modern interior. The building is 34 Greene Street, atop which is a massive two-level penthouse, currently on the market for $13.75 million.
Jennifer Lopez has been sued by Bronx-based graffiti artists who say their artwork was used without permission in her Fiat commercial.