Auto Industry

Chevy Using Soccer to Win Over Chinese Consumers

In China and throughout Asia, where the soccer team has 378 million fans, according to Kantar Media Compete, Chevy hopes that soccer can do for it in China what baseball did for it in the U.S.


U.S. Selling Rest of General Motors Shares

The federal government indicated on Monday it has entered the final stages of divesting itself of partial ownership in the country's premier car producer, General Motors.


Volvo Posts $74 Million Loss for 2012

Sales declined more than 6 percent for Volvo Car Corp. in 2012. Weaker sales in the European and China markets are to blame.


Automotive Industry Notes

Coda Automotive may have declared bankruptcy but in general the U.S. industry has been going strong.


BMW Profit Drops Amid Slump in Europe, China Markets

Luxury automaker BMW posted a 4.5 percent fall in first-quarter profit on Thursday amid a slumping European market and weaker demand in China.


Ford to Add 2,000 Workers at Missouri Plant

Surging demand for pickups has spurred Ford to add 2,000 jobs at the Missouri plant that makes the F-150 pickup.


Coda Files for Bankruptcy

Electric carmaker Coda Automotive filed for bankruptcy Wednesday as part of a reorganization to let it leave the automotive business and focus on energy storage.


Ford, Chrysler Sales Jump, VW Slumps

U.S. automakers' sales boomed in April while Volkswagen's sales dropped for the first time in three years.


Ford Will Make Jobs Announcement for Claycomo Plant

It looks as if more good news is on its way for the Kansas City regional economy and Ford Motor Co.'s Claycomo plant.


Chrysler Net Income Down 65 Percent

Chrysler Group said Monday that its first quarter net income dropped 65 percent to $166 million compared to the year-ago period.


Fiat Profits Down 23 Percent in Q1

Italian automaker Fiat, which controls Chrysler Group, reported first-quarter profit fell 23 percent on costs for new Jeep model. rollouts.


Chrysler Reports 7th Consecutive Profitable Quarter

Chrysler Group LLC reported income of $166 million in the first quarter of 2013, down from $473 million a year ago due to product launches and a decline in international shipments.


Dodge Challengers Recalled

Chrysler is recalling 2,500 Dodge Challengers with V-6 engines, telling owners not to drive them till repairs have been made.


Tesla Trots Out New Services

Tesla Motors announced service changes that it hopes will make owning a Model S easier and less worrisome, including replacement of the car's $40,000 battery.


Honda Looks for $5.9 Billion Net Profit in FY 2013

Honda expected a net profit of $5.9 billion for the financial year to March, up 58 percent, due to the yen's depreciation and an expected increase in four-wheel vehicle sales, Japan's third-largest carmaker said Friday.


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