Ford Motor Co.'s Emblem

Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

Auto Bailout To Cost Extra $3.4B

General Motors headquarters at the Renaissance Center in Detroit
The cost of the 2009 bailout of the U.S. automotive industry by the federal government will cost the country $3.4 billion more than was previously estimated, reports said Tuesday.
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Auto Factory

June US Car Sales - Ford, GM, Chrysler Report Big Gains

Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
Chrysler Monicatti Motors auto dealership is seen in Sterling Heights, Michigan

Chrysler Reports Best June Sales Since 2007

Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported June sales rose 20 percent compared to the year before, making it the best June sales month in five years.

GM Ditches Facebook Ads Ahead of IPO, Rest of Auto Industry Stands By

General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO. The rest of the automotive industry's major players are not following suit, though, Ford Motor Company (NYSE: F), banking on the strength of the network effect, is actually upping its investment.
A customer looks over Toyota automobiles at a dealership in Daly City, California

US Auto Sales 1Q Speed Past Expectations

U.S. automobile sales last quarter beat predictions for the first time since 2008 as demand for small and fuel-efficient cars, strong fleet sales and pent-up demand drove sales up to 14.5 million cars on a seasonally adjusted annual selling basis, according to J.D. Power and Associates and LMC Automotive.
Alfa 4C Concept

Alfa Romeo 4C Trademark Filed, Marque to Return to US

Alfa Romeo will once more grace the streets of the U.S. with its fashionable wheels and seductive curves decking out the new 4C by the end of 2013, and the 4C trademark was issued on April 10, according to a new release posted by the U.S. Federal News Service.
The new Maserati GranTurismo Sport was debuted at the Geneva Motor Show 2012.

Maserati Seeks to Increase Sales 900 Percent by 2015

Fiat S.p.A. subsidiary Maserati S.p.A. plans to increase sales by at least 900 percent by 2015, CEO Harald Wester reportedly said on the sidelines of the Geneva Motor Show 2012 where it debuted its new Maserati GranTurismo Sport last week, Auto News reported Sunday.
Dodge Dart

Chrysler Expands Mopar Service Arm Into Argentina, Brazil

Seventy-five years ago, Mopar began as a name for an antifreeze product. That antifreeze brand has grown into the global automobile parts and service arm of Chrysler Group LLC, and its latest announcement further expands its global footprint.
retail sales

U.S. Retail Sales Rose 0.4% in Jan, Lower Than Expected

Sales at U.S. retailers climbed slightly in January as Americans took advantage of post-holiday promotions, and although Tuesday's data fell short of economists' median projection, it still provided yet another hopeful sign of a strengthening economy.


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