Volkswagen Unveils New U.S.-Made Passat Midsize Sedan

Taking the name of VW’s existing midsize entry, the new Passat is more than just a fresh design. The vehicle brings with it a commitment by the German automaker to resume building cars in the U.S. for the first time in decades,…

Ford Plans to Add 7,000 U.S. Jobs

In another sign the auto industry is on a comeback, Ford Motor (F) reportedly will announce plans Monday to add 7,000 jobs to its U.S. workforce during the next two years in a variety of positions.

The plan includes the addition of 4,000 blue-collar j…

Auto Dealers Are Upbeat on U.S. Sales for 2011

The nation’s leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last year’s by 12%. The rise is attributed to pent-up demand, loosening credit and a rising…