The gap between America’s super-wealthy and the rest of us has grown so vast it’s hard to even comprehend the sums they spend on their luxuries. But if you measure, say, a $200 million luxury yacht in terms of the average U.S. …
The United Auto Workers union has been bleeding members, with fewer than 400,000 at the end of 2009. With a purportedly more collaborative attitude, the group plans to unionize foreign auto manufacturers with factories in the U…
The death of a Washington, D.C., lobbyist in an X5 that crashed and burned in her garage appears to be just the latest of many fires involving the popular BMW SUV.
Continue reading Another Safety Problem for BM…
Toyota’s recent spate of quality woes have allowed competitors to steal sales from the beleaguered automaker. Ford is also catching up with Toyota in another important measure of auto industry success — consumers’ opinions of …
The economy may be less robust than most Americans would like, but that didn’t stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the yea…