Latest auto news

Detroit plan would change decaying neighborhoods into semi-rural areas (The S...

10 Mar 2010 at 1:17am
Detroit -- Detroit, the very symbol of American industrial might for most of the 20th century, is drawing up a radical renewal plan that calls for turning large swaths of this now-blighted, rusted-out city back into the fields and farmland that existed before the automobile.

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Toyota, rivals in 'dogfight' for wary shoppers

7 Mar 2010 at 11:01pm
A battle is raging for the tens of thousands of customers Toyota has lost since its recall crisis erupted six weeks ago -- "a dogfight," says one analyst who sees Toyota losing market share over the long term.

Mazda design chief gives new meaning to zoom-zoom

7 Mar 2010 at 11:01pm
Ikuo Maeda, the new design chief at Mazda Motor Corp., earned the nickname "Speedy" for his lead-footed driving on the race course and off. He may be the only standing auto executive to have had his license revoked -- twice.

Whitacre wants more sales -- NOW!

7 Mar 2010 at 11:01pm
If you're puzzled by the serial reorganizations of General Motors Co.'s sales and marketing staffs, here's the simple explanation: Ed Whitacre wants to sell more cars -- NOW.

Credit unions emerge from downturn as finance winners

7 Mar 2010 at 11:01pm
Dealership managers like J.T. Laughridge are a big reason credit unions are thriving in automotive lending. In the past, Laughridge, general manager of Terry Reid Kia in Cartersville, Ga., didn't work with credit unions much.

Sales are climbing slowly, but transaction prices surge

7 Mar 2010 at 11:01pm
U.S. sales are still sputtering along at about two-thirds of pre-recession levels. And unemployment is pain-fully high at about 10 percent. So that means customers are paying less for vehicles, right? Wrong.

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