As in the summer of 2008, when prices broke $4 a gallon, big jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chr…
Or will it disappoint? Investors — and taxpayers — will be watching on Thursday, when GM posts its latest earnings. Despite analyst expectations of a full-year profit, the automaker has warned that fourth-quarter results will…
Despite tepid industry sales last year, South Korean carmaker Hyundai set a sales record, thanks to savvy designs and sophisticated engineering. It’s come a long way from an early econo-box image. Now, if it could just do as we…
The world’s largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
Continue reading Toyota Offers California Employees Buyouts to Sl…
General Motors sales rose 21.8% in January compared to a year ago on strong sales across its lines of passenger cars, “crossover” vehicles and trucks, the automaker said Tuesday. Each of the automaker’s four divisions recorded …