Oct. sales better for most car makers, led by Hyundai; GM posts 1st monthly gain in 21 months
Auto sales show industry beginning to stabilize Analysts expect October sales improvement over Sept. levels; GM may see first gain in a year
Ahead of the Bell: Auto sales show signs of life FBI video shows cars, trucks tossed around by waves from tsunami that struck American SamoaHONOLULU — The FBI on Friday released video footage showing waves rushing in and violently tossing cars and trucks in a parking lot as a deadly tsunami struck American Samoa last week. Fiat chief: new group can produce 6 million cars a year with Fiat/Chrysler allianceFRANKFURT — Fiat and Chrysler CEO Sergio Marchionne said Wednesday that the new auto alliance can reach a production of 5.5 million to 6 million cars a year on its own once the economy and car markets stabilze. Detroit’s Cobo Center officially changes hands, but expansion to come after 2010 auto showDETROIT — A regional board officially takes control of Detroit’s aging Cobo Center on Tuesday after months of political haggling and court battles over the venue, which each year hosts the nation’s premier auto show. Opel unveils new Astra; Magna exec believes EU won’t block deal to buy stake from GMFRANKFURT — The co-chief executive of Magna International Inc. said Tuesday that he doesn’t believe the European Union will block his company’s acquisition of a majority stake in Opel. VW plans new electric car at Frankfurt Auto Show; will continue to focus on efficiencyFRANKFURT — German carmaker Volkswagen AG said it would unveil several new models at this week’s Frankfurt Auto Show, including an electric car called the E-Up. Despite downturn, auto makers hope to dazzle with new models, technologies at Frankfurt showFRANKFURT — Sales have plunged, General Motors Co. has emerged from bankruptcy and Chrysler has been taken over by Italy’s Fiat. The past year’s turbulence will be reflected this week in a smaller U.S. presence at the Frankfurt Auto Show — along with the new electric vehicles many hope will secure the auto industry’s post-recession comeback. Carmakers try to add value, safety, improved mileage to 2010 models; a list of the changesMITSUBISHI A five-door Lancer Sportback debuts with two engine choices: a 168-horsepower, 2.4-liter four cylinder and a 237-horsepower, 2-liter, turbocharged four cylinder. Both front- and all-wheel drive are offered. Starting retail price for a Sportback is $19,910. Police in Detroit chase stolen truck that crashes and explodes, killing 1 and injuring 2DETROIT — The driver of a stolen pickup truck fleeing police died in a fiery crash Thursday morning after the truck collided with a minivan, another truck and a utility pole and burst into flames, authorities said. Cash for Clunkers also helps consumers buy SUVs, trucks and crossovers tooWASHINGTON — Transportation Secretary Ray LaHood, the nation’s top car salesman in recent weeks, has cited the Obama administration’s best-seller list of mostly smaller, fuel-saving cars like the Ford Focus to describe the success of the Cash for Clunkers rebate program. SPIN METER: Cash for Clunkers also helps consumers buy SUVs, trucks and crossovers tooWASHINGTON — Transportation Secretary Ray LaHood, the nation’s top car salesman in recent weeks, has cited the Obama administration’s best-seller list of mostly smaller, fuel-saving cars like the Ford Focus to describe the success of the Cash for Clunkers rebate program. Auto sales show signs of stability after tough year, but most June sales still worse than MayDETROIT — U.S. car and truck sales showed signs of stabilizing in June after a year of sharp declines, but every major automaker except Honda Motor Co. reported lower sales than in May. Ford US sales fall 10.7 pct in June, while GM drops 33.4 and Chrysler tumbles 42 pctDETROIT — U.S. sales at Ford and Chrysler last month offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection. Sparks fly and ligtening strikes at Belgian designer Dries Van Noten’s menswear displayPARIS — Electricity was in the air — literally — at Dries Van Noten, as a summer thunderstorm and a truck fitted with thumping speakers amped up the voltage at the Belgian designer’s already-charged menswear display Thursday. China automakers stretch to expand abroad, hobbled by lack of marketing, technology, expertiseSHANGHAI — From the glossy black Geely Excellence “business limousine” to Great Wall’s tiny Gwperi subcompact, China’s own automakers are proving they have the prowess to put together practically any type of vehicle imaginable. Shanghai Auto Show a showdown for global, Chinese car makers fighting over only growth marketSHANGHAI — China’s up-and-coming automakers unveiled a smorgasbord of new vehicles Monday at Shanghai’s auto show, from compacts and electric vehicles to the biggest, brassiest SUVs and luxury sedans, maneuvering to upstage their global rivals in the world’s only major growing market. GM executives say car maker plans continued expansion in China, despite US financial woesSHANGHAI — Dealing with the crisis at General Motors Corp. kept new CEO Fritz Henderson from traveling to Shanghai’s auto show, but executives say the company intends to continue growing in China regardless of how its financial mess is resolved. Shanghai Auto Show a showdown for automakers zeroing in on world’s only major growth marketSHANGHAI — International automakers are converging on China’s commercial capital for a show that, once marginal, is now a key showcase — and battleground — for the world’s only major growing car market. |