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Auto industry booms in Mexico

Investment in the Mexican auto industry is soaring as automakers take advantage of low labor costs, an increasingly sophisticated workforce and free trade agreements.Ford Motor Co. said Friday it will spend $2.5 billion to build and expand engine and transmission factories...

Date: 04/18/2015 | Business Wire


Kia, Mitsubishi, Nissan introduce new concept cars

The Chicago Auto Show at McCormick Place convention center, held this year on Feb. 14-22, is the biggest car show in the country by a long shot. Here are some highlights of new products unveiled at the show’s Media Preview day, Feb. 12, by Kia, Mitsubishi, Nissan and Ram brands.

Date: 03/03/2015 | Cars and Me


Cheap fuel pumps up trucks sales in 2014

SOUTHFIELD, Mich. — Fresh from a fifth year of growth in the United States, carmakers are rolling into the new year with yet another sign of good fortune: Cheap fuel is gassing up truck sales.

Date: 01/03/2015 | Business Wire


Detroit auto show to debut 40 cars, trucks

DETROIT — Automakers from around the world are planning to reveal at least 40 never-before-seen cars and trucks at the North American International Auto Show.The show begins Friday with a preview for the media.

Date: 12/12/2014 | Business Wire


Automakers debut key models in L.A.

LOS ANGELES — One out of every 10 new vehicles sold in the U.S. last year was purchased in California. So it's no wonder automakers save some of their most important introductions for the Los Angeles Auto Show.As usual, green cars are a focus in eco-conscious L.A.

Date: 11/20/2014 | Business Wire


Carmakers agree on privacy protections

WASHINGTON — Nineteen automakers accounting for most of the passenger cars and trucks sold in the U.S. have signed onto a set of principles they say will protect motorists’ privacy in an era when computerized cars pass along more information about their drivers than many motorists realize.

Date: 11/13/2014 | Business Wire


Vehicle models with dangerous air bags

The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. Ten automakers and almost 8 million vehicles are covered.

Date: 10/22/2014 | Business Wire


Truck deals boost September auto sales

DETROIT — Big discounts on pickup trucks kept U.S. auto sales strong in September.General Motors Co. and Chrysler Group led the industry with 19-percent sales increases over last September. Toyota sales rose 2 percent; Ford and Volkswagen were down.U.S.

Date: 10/02/2014 | Business Wire


Vehicle sales surge in U.S.

U.S consumers continued buying new cars and trucks at a torrid pace in August as easy credit and a wave of new products fueled showroom traffic, likely driving the industry's annualized rate above 17 million — the fastest pace since 2006.With most automakers having...

Date: 09/04/2014 | Business


SUV sales pass sedans in U.S.

DETROIT — Sport utility vehicles have overtaken sedans in U.S. market share, aided by more fuel- efficient, carlike crossover models, IHS Automotive said Wednesday.

Date: 07/17/2014 | Business


U.S. investigates air bag ruptures

DETROIT — U.S. safety regulators are investigating whether 1.1 million vehicles from five automakers have air bags that could hurt people in a crash.The National Highway Traffic Safety Administration said it opened the probe Wednesday after getting six reports of air...

Date: 06/12/2014 | Business




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