Automobiles
US auto sales saw a minor slowdown in December compared to the brisk pace earlier in the year, but major automakers are still expected to finish 2013 with the best numbers in six years. Nissan recorded an 11 percent gain in December, while Chrysler managed a 6 percent increase. However,
Automobile industry
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Automobile industry
Consumer Reports' annual survey of 1.3 million vehicle owners and leasers found that Toyota Motor Corp. tied with Honda Motor Co. for the largest number of models with top reliability scores. Both companies achieved top scores in five categories, while Ford Motor Co. was the only U.S.
Automobiles
The U.S. auto industry closed 2009 on a positive note, with sales increasing by about 15% in December compared to the same month in 2008. Ford, Toyota, and Honda reported significant sales gains, while Chrysler posted a modest decline. However, despite the December surge, the industry still suffered a
Automobiles
Toyota and Honda, two of the world's leading automakers, have recently launched new compact cars in India, a move aimed at tapping into the country's fast-growing and price-sensitive market. The decision comes as the industry seeks to put the 2009 financial crisis behind it. Meanwhile, Airbus
Automobile industry
Missouri Governor Matt Blunt has announced a series of tax incentives to encourage consumers to use ethanol and purchase vehicles that run on alternative energy. Speaking at the Ford Motor Co.'s Kansas City Assembly Plant, Blunt proposed offering tax breaks to gas stations that install equipment to sell
Automobile industry
The Society of Automotive Analysts (SAA) is set to present its 20th annual Automotive Outlook Conference on January 15, 2008, in conjunction with the North American International Auto Show (NAIAS) in Detroit. The conference features perennial sales projections from economists of Detroit's Three, including Paul Traub of Chrysler
Automobile industry
Nissan Motor Co. Co-Chairman Itaru Koeda stated that the Japanese automaker will not necessarily invest in General Motors Corp. in the ongoing talks about a possible three-way alliance with Nissan, General Motors, and Renault S.A. The alliance, if realized, is expected to create mutual benefits in nearly 10 operational
Automobile industry
South Korea's Hyundai Heavy Industries has completed the setup of 324 robots and automobile production facilities for the Slovakian subsidiary of Kia Motors, the nation's second-largest car manufacturer. This achievement comes as the two companies inked a deal in January last year to build the automatic
Transportation equipment industry
As the Detroit car industry struggles with significant restructuring plans and job losses, Bill Ford, chairman and chief executive of Ford Motor, has urged the US government to provide extra tax breaks to help the industry compete with Asian rivals. This move comes as General Motors, a rival car manufacturer,
Transportation equipment industry
General Motors, the largest carmaker in the world and the backbone of American industry, is on the verge of bankruptcy, threatening the livelihoods of millions of Americans and posing a significant psychological blow to the United States. Despite the company's plans to reduce costs and improve its profitability,
Motors Liquidation Co.
The U.S. index of leading indicators rebounded in October, with September's index revised to a 0.8-percent drop from the initial 0.7 percent estimate. Oil prices have increased due to cold weather forecasts, and the Organization of Petroleum Exporting Countries has announced it will not consider
