DETROIT -- New cars and trucks sold in the U.S. last year got an average of 23.6 miles per gallon in combined city and highway driving, a record that came mainly through improvements to engines and transmissions, according to the Environmental Protection Agency.Mazda led all...
Date: 12/13/2013 | Business
DEARBORN, Mich. — The Ford Mustang is still galloping at 50.Ford Motor Co. on Thursday introduced the 2015 Mustang, a confident and aggressive riff on the iconic pony car that first made Americans swoon in the 1960s.
Date: 12/05/2013 | Business
TOKYO -- Toyota is promising a mass-produced fuel cell car by 2015 in the latest ambitious push to go green by an industry long skeptical about the super-clean technology that runs on hydrogen.
Date: 11/21/2013 | Business
WASHINGTON -- Capital spending is poised to accelerate, giving the U.S. economic expansion a fresh boost after investment lagged way behind the half-century average.Goldman Sachs economists said their "capex tracker" of 15 indicators such as loan demand and capital-goods...
Date: 11/06/2013 | Business
DETROIT -- General Motors' October U.S. sales rose 16 percent; Ford's jumped 14 percent, and Chrysler's climbed up 11 percent from a year earlier as consumers remained undaunted about borrowing to buy new wheels.Nissan's U.S. sales increased 14 percent in October, Toyota was...
Date: 11/02/2013 | Business
DETROIT -- Asian automakers still make the most reliable cars and trucks and the Detroit Three continue to struggle in the eyes of the Consumer Reports subscribers, according to the influential magazine's annual automotive survey.
Date: 10/29/2013 | Business
BEIJING -- China's passenger-vehicle sales rose 21 percent in September to an eight-month high, as Japanese automakers rebounded from the consumer backlash sparked by a territorial dispute last year.
Date: 10/12/2013 | Business
LOS ANGELES -- General Motors and Nissan, the biggest sellers of rechargeable cars, posted record U.S. plug-in sales in August as their low-cost leases pushed battery-vehicle deliveries this year past 2012's tally.
Date: 09/06/2013 | Business
LOS ANGELES -- Strong August auto sales numbers revealed a problem last month that Ford, General Motors and Chrysler once would have begged for -- not enough cars to sell.All three automakers posted double-digit gains in sales last month and they reported tight inventories on some models.
Date: 09/04/2013 | Business
Advanced battery technology from Johnson Controls Inc. that helps drivers save on fuel by shutting down a car's engine when stopped at a traffic light has taken Europe by storm. Now it's making greater inroads stateside.General Motors Co. will incorporate start-stop...
Date: 08/08/2013 | Business
In the automotive world, no one is more loyal than a truck owner.Lassie on her best day couldn't match the fidelity of someone who buys a particular brand of pickup. Once they choose Ford or Chevy or Dodge, usually only a pine box parts them.
Date: 08/03/2013 | Business
DETROIT -- General Motors, Ford, Chrysler, Toyota and Nissan all reported double-digit sales gains last month, clear signs that U.S. auto sales will remain strong into the second half of the year.
Date: 08/01/2013 | Business
DETROIT -- Just as General Motors is getting a handle on its troubles in Europe, the automaker faces a new challenge in another part of the globe.
Date: 07/25/2013 | Business
DETROIT -- General Motors stock would have to sell for $95.51 per share for taxpayers to break even on bailing out the company, according to a government watchdog's report released Wednesday.That price is about three times what GM shares are selling for now, even after a 25...
Date: 07/25/2013 | Business
DETROIT -- U.S. safety regulators are checking to see if up to 400,000 General Motors cars should be added to two recalls for defective air bags.The probe covers Chevrolet Cruze and Sonic small cars, the Chevrolet Camaro muscle car and the Buick Verano small car from the 2012 model year.
Date: 06/04/2013 | Business
DETROIT -- General Motors said Friday that a base model of the 2014 Corvette Stingray will start at just under $52,000.Considering everything that GM put into the newest Corvette, the $1,400 price increase over the current model seems pretty modest.
Date: 04/27/2013 | Business
SHANGHAI -- Global and Chinese automakers showcased family-friendly sedans and SUVs targeting coveted urban buyers at China's biggest auto show Saturday as competition intensifies in this huge but crowded market.China's vehicle sales rose 13 percent in March, blistering...
Date: 04/21/2013 | Nation & World
SEATTLE -- Boeing's supplier of lithium-ion batteries for its 787 Dreamliners tightened quality checks after the planemaker sought advice from other companies that use the technology, said five people with knowledge of the matter.Boeing tapped Ford, General Motors, General...
Date: 03/07/2013 | Business
DETROIT -- American consumers ignored tax increases and trudged through winter weather to buy new cars and trucks at an unusually strong pace last month.
Date: 02/01/2013 | Business