auto industry

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Chrysler Roars to $225M Profit

Finishes first profitable year since its bankruptcy

(Newser) - Call it a comeback if you want, because it looks like Chrysler is finally back on its feet. Detroit's smallest automaker posted a $225 million profit today to complete its first profitable year since its bankruptcy and bailout in 2009, the New York Times reports. The profit came on...

GM Reclaims World's No.1 Spot

2011 disasters knock Toyota into 3rd place

(Newser) - General Motors is back on top of the world less than three years after its bankruptcy and restructuring. The company is once again the world's top-selling automaker, with 9 million sales worldwide in 2011, almost a million more than second-placed Volkswagen. Toyota, which took top spot from GM in...

Facebook Coming to ... Your Car?

Mercedes installs new system, swears it's safe

(Newser) - Facebook has found its way inside what could be its most unlikely device yet: a car. Mercedes-Benz will soon be installing Facebook in its new cars, with a specially-designed, bare-bones version that, it hopes, minimizes the chance of someone crashing off the road while using it. The app, which was...

Worst-Selling Cars of 2011
 Worst-Selling Cars of 2011 
Jan 7, 2012 1:05 PM CST

Worst-Selling Cars of 2011

Honda's Acura makes the list twice

(Newser) - Autoblog runs down the list of the 10 worst-selling cars of 2011, including:
  1. Honda's Acura RL ($47,700): 1,096 sold
  2. Hyundai Azera ($25,495): 1,524 sold
  3. Mitsubishi Lancer Sportback ($18,395): 1,548 sold
  4. Acura ZDX ($46,020): 1,564 sold
  5. Toyota Land Cruiser ($68,920):
...

US Has New Luxury Car Champ

BMW edges out Mercedes-Benz for crown

(Newser) - The Beamers win: BMW has earned the honor of being the top-selling luxury brand of car in the US for 2011, reports the Wall Street Journal . It takes the title from Toyota's Lexus, which had dominated for a decade but never quite recovered from the March earthquake and tsunami...

Bentley Planning $140K SUV

2011 brought company first profit in years

(Newser) - Times may be tough, but the market for the most luxurious of luxury cars is booming at Bentley, and the British-based automaker is ready to capitalize on it. The company is considering building an SUV that would be priced at more than $140,000—and odds are good that the...

Car Owner Spurns Lawyers, Takes On Honda Herself

She's going to small-claims court over hybrid mileage

(Newser) - The Los Angeles Times says it has the potential to become a "small-claims flash mob"—and a major headache for the auto industry along with attorneys looking for a fat payday: A California woman is spurning a proposed class-action settlement and instead taking Honda to small-claims court because...

Saab Declares Bankruptcy
 Saab Declares Bankruptcy 
Dec 19, 2011 7:19 AM CST

Saab Declares Bankruptcy

GM vetoes deal involving Chinese company

(Newser) - Saab finally threw in the towel today, after former owner General Motors once again vetoed a rescue plan involving China’s Zhejiang Youngman Lotus Automobile. Saab’s current owner, Swedish Automobile, filed for its bankruptcy, saying that "the company, without further funding, will be insolvent, and that filing bankruptcy...

Ford Recalls 129K Cars: Wheels Might Fall Off

2010-11 Ford Fusions and Mercury Milans affected

(Newser) - As far as reasons for a recall goes, this one's up there with the best: Ford is recalling 129,000 Ford Fusions and Mercury Milans because the wheels might fall off. The cars affected are from 2010 and 2011 with 17-inch steel (not alloy) wheels, reports Reuters . Ford has...

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

(Newser) - Americans may be worried about the economy, but they still need to get where they’re going. Auto sales beat expectations last month, rising 14% to 994,721, their fastest sales pace since August 2009, reports the AP . Chrysler led the pack: The automaker’s sales jumped 45%, Reuters reports....

GM: We'll Buy Back Your Volt

CEO makes offer to those worried about fires

(Newser) - General Motors says it's willing to buy back its Chevrolet Volts from any customer concerned by fires in crash tests . If needed, the auto giant also is prepared to conduct a recall of the 6,000 Volts currently on the road, Dan Akerson tells the AP . The company would...

New Luxe Ride: Tricked-Out Vans

New York's richest opt for giant cargo vehicles

(Newser) - Conspicuous consumption isn’t exactly in vogue right now, so the 1% in New York are opting out of their limos and into slightly more discreet cargo vans. Of course, these are vans that are tricked out with big-screen TVs, couches, mobile offices, and half-million-dollar price tags, the New York ...

Today's SUVs 'Light Years Safer'

Auto industry appears to have solved vexing problem

(Newser) - Newer sport utility vehicles are significantly less deadly than those of decades past, according to a new analysis of federal data. From 2008 to 2009, the fatality rate for passengers in 3,000- to 3,499-pound cars or minivans hit by similarly-sized SUVs was 16 per million registered vehicles. That’...

GM to Reopen Tennessee Factory in UAW Deal

Workers win $5,000 signing bonus in 4-year pact

(Newser) - Details are emerging from the deal for a four-year contract struck last night by GM and the UAW. Both sides seemed pleased with the deal, the first since the government bailout and one that will serve as a model for the UAW's talks with Ford and Chrysler, notes the...

Last Crown Victoria Rolls Off Ford Assembly Line
 End of an Era: 
 Last Crown Vic 
Sep 16, 2011 12:01 PM CDT

End of an Era: Last Crown Vic

Final car rolls off Assembly line after 32 years

(Newser) - Bye-bye, Crown Vic: The last one rolled off a Ford assembly line in Canada yesterday, reports the Toronto Sun , bringing an end to a 32-year production line. No other North American car has had as long of a run, notes Justin Hyde at Jalopnik . The big car has been a...

Saab Could Go Bankrupt This Week, Union Warns

Its main plant has been closed since April

(Newser) - Saab has until Friday to pay its workers—or else. This is the third straight month that the Swedish automaker has failed to pay its workers on time, and last Friday IF Metall put in a request for wages for 1,486 of its blue-collar workers who were due to...

Ford, Toyota Join Forces on Hybrid System

Partnership prompted by airport-terminal chat

(Newser) - A trans-Pacific partnership between Ford and Toyota is set to bring us a new generation of hybrid vehicles. The two companies will join together in creating a gas-electric hybrid system suited to light trucks and SUVs, the Wall Street Journal reports. The two firms already have hybrid systems that power...

Ford Recalling 1.2M Pickups
 Ford Recalling 1.2M Pickups 
Aug 2, 2011 2:42 AM CDT

Ford Recalling 1.2M Pickups

Fuel tank flaw presents fire danger

(Newser) - Ford is recalling 1.2 million older pickup trucks—some of them for the third time. The company says the models affected, including 1997 to 2003 Ford F-150s, were sold in cold-weather states where road salt can corrode the metal straps holding up the gas tanks, potentially causing the tanks...

GM's 'Pod Cars' to Steer Themselves ... One Day

EN-V can be paged with a smartphone, but it's at least 10 years away

(Newser) - Move over, Volt: GM’s got an even more futuristic concept car on the way, and Fast Company has the latest. The Electric Network-Vehicle (EN-V) is an electric car that steers itself via GPS. A prototype was unveiled last year, and rumors have been swirling that a production date had...

Obama Pushing to Double Fuel Efficiency Standards

Move would catch US up to Europe, China and Japan

(Newser) - The Obama administration is trying to convince automakers to accept a significant hike in fuel efficiency standards that would put US vehicles on par with those sold in Europe, Japan and China. The administration would like to raise the standard to 56.2 miles per gallon, or roughly double the...

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