auto industry News

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Suddenly, US Automakers Are Doing Just Fine

(Nov. 3) -- Back from the brink. The Big Three U.S. automakers posted solid sales in October, roughly two years after two of them received massive bailouts from the Obama administration. Ford said its October profits were up 19.2 percent from the year before, Chrysler saw a 37 percent jump and General Motors notched a...

GM to Revive Bulk of Dealerships Slated to Close

(March 6) - Sometimes little guys do come out ahead -- that is, if you consider car dealers "little guys." General Motors said Friday it plans to revive some 600 dealerships the Detroit auto giant had planned to drop from its network. That's more than half of the more than 1,100 dealerships that filed arbitration claims...

Toyota's Problems Could Be Suppliers' Problems

(Feb. 15) – They don't make Toyotas. But they make the parts that make Toyotas run. And in cities like Elkhart, Ind., and Orangeburg, S.C., factory workers and other employees could be severely affected by the Japanese automaker's massive recalls of about 8 million passenger vehicles. "I think any of us who are...

Opinion: A Practical Guide to the Next Decade

(Dec. 31) – So, we've said our goodbyes to the first decade of the 21st century. One that fell far short of almost everyone's predictions. Instead of peace, prosperity and flying cars, we have two wars, a global economy in tatters and cars that not only can't fly, but can't run on wind power, either. Perhaps the...

Background on auto industry

The automotive industry designs, develops, manufactures, markets, and sells motor vehicles, and is one of the Earth's most important economic sectors by revenue.

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