Auto Industry | featured news

Chrysler caps turnaround year with strong December

Chrysler says its U.S. sales rose 26 percent last year as its turnaround gained traction. The company ended the year with a 37 percent increase in December sales on strong demand for the Jeep Wrangler and Chrysler 200 sedan. Chrysler is among the first carmakers to report sales Wednesday.

 

US auto industry to post another good sales year

Auto Sales

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth - the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession....

 

GM recalling Chevrolet Sonics to check brake pads

GM Recall

General Motors Co. said on Friday that it is recalling more than 4,000 of its 2012 Chevrolet Sonic subcompact cars to check for missing brake pads.

 

China says will hit U.S. auto imports with duties

Duties on American car imports

China will impose punitive duties of up to 22 percent on large cars and SUVs exported from the United States, China's Commerce Ministry said on Wednesday, the latest in a series of trade disputes between the world's two largest economies.

 

GM willing to buy back Volts

General Motors will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire, the company's CEO says.

 

Auto sales rise as confidence gains

Auto Sales

U.S. auto sales rose sharply in November as more confident American consumers spent more on the average showroom purchase, extending a recovery trend for the industry to a sixth month.

 

Car Makers Expect More Competition in China

Car companies say a sales slowdown in China will likely make competition there more cutthroat as more makers pile into the top auto marketplace.

 

Toyota to Share Technology in China

Toyota over the weekend broke ground for a technical center near Shanghai that will prepare for shifting production to China of tightly guarded technology used in its hybrids and other alternative-energy vehicles—but not its latest technology.

 

UAW workers approve Ford labor deal

Hourly workers represented by the United Auto Workers ratified a labor deal with Ford Motor Co on Wednesday, leaving Chrysler as the last U.S. automaker without a finalized contract.

 

Obama’s ex-auto, manufacturing adviser sets sights on the Postal Service

Obama’s ex-auto, manufacturing adviser sets sights on the Postal Service

President Obama’s former top adviser on manufacturing has been tapped by the nation's letter carriers to develop new business ideas for the U.S. Postal Service. Ron Bloom, who helped restructure the automotive industry and has negotiated several large labor deals over the course of his career, served until August as Obama’s top manufacturing policy adviser. He announced Sunday that he will advise the National Letter Carriers Association as the 280,000-member union attempts to strike a new multi-year deal with the cash-strapped Postal Service.

Senh: Sure. The bailout to the auto industry was successful. The recalls on Japanese cars and the Tsunami that followed helped too. Hopefully, Ron Bloom can do it again with the U.S. Postal Service. I still want mail the old fashion way.

 

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