Jan 15, 2015

GM sees improved profit in 2015 on China, U.S. growth

General Motors Co on Wednesday forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States. As it moves past a year marred by massive recalls from a defective ignition ...

Jan 9, 2015

GM CEO sees U.S. auto market flattening out but room for growth

General Motors Co. Chief Executive Officer Mary Barra said she expected the U.S. auto market to flatten out this year, although growth is possible because of the strong economy and falling gasoline prices. Barra said on Thursday that the No. 1 U.S. automaker expected ...

2014 proving to be bumper year for U.S. car sales

Jan 6, 2015

2014 proving to be bumper year for U.S. car sales

Buoyed by a resurgent economy, holiday sales, cheap gasoline and a love affair with pickup trucks, Americans headed to car dealers in droves last month, pushing full-year sales to what’s likely to be the highest level since 2006. Fiat Chrysler, Nissan, Honda and General ...

Dec 19, 2014

Did the U.S. auto industry learn anything?

by Edward Niedermeyer

With General Motors' Chevrolet Volt and Chrysler's government-mandated 1.4-liter turbocharged engine failing in the marketplace, the two American automakers find themselves falling further behind in a technological arms race that has as much to do with innovation as it does with saving the environment.

Nov 11, 2014

GM ordered new ignition switches prior to recall: WSJ

General Motors ordered half a million replacement ignition switches nearly two months before alerting regulators to a defect linked to at least 32 deaths, The Wall Street Journal reported. The largest U.S. automaker placed an “urgent” order for the new ignitions on Dec. 18, ...

Sep 23, 2014

GM expert says 21 deaths eligible for compensation

The death toll from crashes involving General Motors small cars with faulty ignition switches is at least 21. Attorney Kenneth Feinberg, who was hired by the company to compensate victims, said Monday in an Internet posting that he received 143 death claims as of ...

Aug 6, 2014

Toyota leaving Hollywood roots to boost North American profits

A closer look at Toyota Motor Corp.’s record profit shows why the world’s largest automaker is leaving behind its Hollywood beginnings. While Toyota reported Tuesday it earned more money in last quarter than any automaker on the planet, profit from North America trailed behind ...

Aug 2, 2014

Toyota rises to No. 2 automaker in July U.S. sales, outranks Ford

Rising consumer confidence in the United States drove Toyota Motor Corp. and Nissan Motor Co. to double-digit sales gains in July, with Toyota overtaking Ford Motor Co. to become the second-largest automaker in the market, data released by Autodata Corp. show. The robust figures, ...

Jul 30, 2014

Toyota remains world's biggest carmaker

Toyota remains No. 1 in global vehicles sales after the first six months of the year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal. Toyota Motor Corp. announced Wednesday that its January-June ...