Garmin Posts Big 4Q Beat on Fitness, Aviation Sales
Garmin's fourth-quarter profit jumped 27% to easily beat Wall Street estimates, as the maker of navigation products was lifted by stronger fitness and aviation sales.
Ford China Sales Off to Record Start
Ford’s China sales spiked 53% in January, as the Big Three automaker continues to see stronger demand in the world’s biggest auto market.
Toyota to Stop Production in Australia by 2017
Toyota unveiled plans to stop making vehicles in Australia by the end of 2017, following in the footsteps of other major automakers.
AAA Warns Drivers: Gas Prices Set to Rise
AAA warned gas prices are set to rise this spring, after winter weather across many parts of the country kept demand low in recent weeks.
GM 4Q Profit Misses Street View
General Motors saw its fourth-quarter profit advance 2.4%, but the bottom line widely missed Wall Street estimates amid weakness in international markets.
Toyota Forecasts Record Profits But Warns of Emerging Market Slowdown
Toyota expects to rake in record profits this fiscal year on strong vehicle sales in developed countries. But demand could shrink in Thailand and other emerging markets, possibly curbing future earnings growth.
Automakers Blame Weather as January Sales Skid
Automakers reported mixed sales results for the first month of the year, with Ford and GM suggesting that winter weather had a significant impact. Chrysler, meanwhile, bucked the downward trend.
Chrysler 4Q Earnings Surge as Fiat Merger Nears
Chrysler, which is nearing a full merger with Italian parent Fiat, saw its fourth-quarter profit more than quadruple amid a significant tax benefit.
Ford 4Q Profit Races 90% Higher, Beats the Street
Ford reported a 90% improvement in its fourth-quarter earnings, beating Wall Street's view to close out one of the automaker’s best years ever.
Report: Fiat CEO Will Push for U.S. Stock Listing
Fiat CEO Sergio Marchionne plans to propose a U.S. stock listing and UK fiscal residency for the new auto group comprised of the Italian automaker and Chrysler Group.
Goodyear Resolves Legal Battle with French Union
The French union that orchestrated a hostage-taking earlier this month agreed to end a legal battle with Goodyear, opening up the possibility that the tire maker could sell its factory in northern France.
Toyota Keeps Top Spot Among Global Automakers
Toyota retained its top spot among global automakers, posting total sales of nearly 10 million vehicles in 2013.
Toyota Threatens to Pull Some Investment From Thailand if Unrest Escalates
Toyota is reportedly considering pulling its close to $610 million planned investment in Thailand if the country fails to stymie escalating anti-government tensions.
GM Eyes Modest Profit Growth for 2014
General Motors sees a slight earnings improvement, as the top U.S. automaker continues its aggressive launch plans.
GM Declares 30-Cent Quarterly Dividend
General Motors said its board approved a quarterly dividend of 30 cents a share, marking the automaker’s first dividend in six years.
Tesla to Double Sales, Service Locations as 4Q Deliveries Top Outlook
At the Detroit auto show, Tesla said it delivered 20% more vehicles than expected in the fourth quarter and plans to double its sales and service locations this year.
Alcoa Expands Auto Supply Plant as F-150 Boosts Demand
Alcoa completed a $300 million expansion at an Iowa facility dedicated to supplying aluminum used by the auto industry, as the company looks to capitalize on growing demand.
U.K., China Drive GM's Global Sales Up 4% in 2013
General Motors' global sales grew 4% in 2013 on strong demand in the world's two largest auto markets: China and the United States.
Ford Unveils New F-150 Pickup Made of Aluminum
Ford took the wraps off its redesigned F-150 pickup truck at the Detroit auto show, betting that an aluminum truck will get high marks for fuel efficiency standards while continuing to attract the most buyers.
S&P Sweetens Chrysler's Credit Rating After Fiat Deal
In the wake of Fiat's deal to take full control of Chrysler, S&P upgraded the U.S. auto maker's credit rating to 'BB-' from 'B+.'

















