GM Chief: Sales Won't Suffer After Large-Scale Recall
GM chief Mary Barra said the nation’s top automaker has taken extra steps to tackle a large-scale recall and assured employees the recall won’t negatively impact sales.
AutoZone 2Q Profit Climbs as Weather Spurs Demand for Parts
The nation's top auto parts retailer reported 9.4% growth in its second-quarter earnings, as the company defied snowy weather to book stronger revenue and beat the Street.
Fiat Chrysler Explores Options to Raise Capital
Sergio Marchionne, the chief executive of Chrysler Group and Fiat, said he doesn’t plan to sell any of the combined automaker’s assets to raise cash amid an effort to expand its global footprint.
Automakers Look Toward Spring After Mixed February Sales
Demand for new vehicles continued to slump in February amid a spate of snowy weather. However, automakers are hoping sales momentum late last month is an indication of things to come this spring.
NHTSA to Investigate Timing of GM Recall
Safety regulator NHTSA opened an investigation to determine whether General Motors acted promptly when it recalled more than 1.6 million vehicles this month.
Tesla Details Plans to Build ‘Gigafactory’ for Batteries
Tesla detailed its plans to build a new factory dedicated to producing batteries, as the electric car maker prepares for an expected uptick in demand and the launch of new vehicles.
BlackBerry Expands BBM to Windows, Nokia X Devices
BlackBerry announced its popular BBM messenger service will be available to users of Windows Phone and Nokia X platforms.
Tesla Scores Earnings Beat, Shares Rise
Tesla Motors posted better-than-expected earnings and provided an upbeat outlook for vehicle deliveries in the new year, sending shares on a rally late Wednesday.
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.

















