Volkswagen Profit Soars in First Quarter
Europe's top automaker Volkswagen reported runaway first-quarter results on Wednesday, with net profit almost doubling and sales soaring by close to a fifth, echoing...
Iran Khodro Cranks Out Hybrids
Iran Khodro, the country's largest automaker, said it has opened an assembly plant in Belarus in partnership with Unison Company to build the Samand...
Carmax named one of the “100 Best Companies to Work For”
CarMax, Inc., the nation's largest retailer of used cars, has been named by FORTUNE magazine as one of its 2010 "100 Best Companies to...
July 2012 US Auto Sales
With August in bloom and ready to go, the automotive industry has put the month of July in the rear view mirror. Despite losing...
NHTSA Urges Disclosing Car 'Black Boxes'
Car owners need to be told if their vehicles are equipped with event data recorders, commonly called "black boxes," the government said Monday.
The National...
Obama, Bush discuss world of challenges
US president-elect Barack Obama met President George W. Bush for face-to-face talks at the White House, with help for the ailing US auto industry...
Visa Extends Secure Payments to the Automotive Industry
Visa, Honda and ParkWhiz Showcase Apps that Let Cars ‘Pick up the Tab’
MOBILE WORLD CONGRESS – Visa today announced it was making the Visa...
Toyota brand sales up 50.7 percent in Japan
Japan sales of the Toyota brand jumped 50.7 percent from the previous year in March, an industry group said Thursday, despite the carmaker being...
Hyundai Posts 19 Percent Sales Increase in July
Hyundai Motor America today announced sales of 54,106 vehicles in July, a 19 percent increase compared with the same period a year ago. ...
Gloomy outlook for US automakers
As plant-closing announcements piled up last winter, Detroit's automakers talked hopefully that warmer weather might bring signs of a turnaround.
Instead, with gasoline prices hovering...
