Sales of General Motors' Chevrolet Volt plug-in car, which had been dwindling in recent months, are enjoying a big resurgence in California, a state with some of the highest gas prices in the nation.
Retail sales rose in January, but were dragged down by an unexpected decline in auto sales, according to government data released Tuesday.
Chrysler Group reported its first annual profit since 2005 Wednesday, capping a comeback a little more than two years after a federal bailout, a bankruptcy filing and a takeover by Italian automaker Fiat.
The average vehicle on America's roads is almost 11 years old, according to the auto market analysts at Polk.
After a grim couple of years, auto sales finally began to rev up a bit in 2011.
American car buyers were out in force in November, with U.S. automakers leading the way to the best month for auto sales since 2009's "Cash for Clunkers" program.
New federal gas mileage rules proposed Wednesday will add thousands of dollars to the cost of new cars. But in the long run, regulators say, drivers will spend less on gas, outweighing the additional cost at the dealership.
Most major automakers reported sales gains in October, although the increases were a bit softer than hoped for ahead of Tuesday's sales reports.
Major U.S. automakers posted sales increases in September, in some cases even better than analysts had predicted. Some of the biggest gains came from SUVs and compact cars as buyers who had been putting off purchasing a new vehicle finally re-entered the market.
Just when automakers appeared to be gaining some much-needed momentum, they hit another wall. Weak economic conditions have prompted analysts to lower their vehicles sales forecasts for this year and next. Now, the hangover of bankruptcy, recession and the Japanese earthquake in March appears far from over.
If you're thinking of buying a new car, maybe you should wait a little longer. Auto industry analysts expect a rise in car buying incentives this fall beyond the ordinary "model year turn-over" sales push.
U.S. automaker sales rose in July with Chrysler Group posting an especially strong, and unexpected, gain.
Toyota Motor Corp. blamed the massive March 11 earthquake that ravaged Japan for its 99% plunge in fiscal first-quarter earnings, but raised its forecast for the full year.
America's top three automakers reported June sales gains that were largely in line with expectations, as retail demand for fuel efficient cars remains strong.
Chrysler Group sales bucked an industry slide last month as the automaker's redesigned models contributed to a 10% increase compared to last year.
Good news... American cars are better than they've been in years. The bad news ... if you want one, be prepared to pay up.
Alan Mulally and company are taking a well-deserved victory lap for their blowout first-quarter results. But looking behind the numbers, there are some potentially troublesome issues in North America that could impact earnings going forward.
It has been a dismal three-plus years for U.S. auto sales.
Auto sales in Japan have hit the brakes sharply since last month's natural disaster and ensuing nuclear crisis, according to fresh figures released Friday.
In an effort to put 1 million electric cars on the road by 2015, the Obama administration has proposed a plan that would put up to $7,500 directly in the hands of car buyers without having them jump through any tax hoops.
At the 2011 Detroit Auto Show, Toyota is asking "What's the plural of Prius?"
This week, Motor City will be the epicenter of the global auto industry as the Detroit auto show opens.
Ford is rising fast in a survey of consumers' feelings toward car brands. In fact, Ford is now virtually tied for first place with fast-falling Toyota in the most recent Consumer Reports Car Brand Perception Survey.
Auto sales in November were significantly improved from the dismal results posted a year ago by automakers, but remain near historic lows.
New or used? Burdened by a weak economy, U.S. carbuyers are choosing the latter option more and more, helping to drive used-car prices to a record high while holding back new-vehicle sales that are sputtering at roughly two-thirds of the pre-recession level.
The Nissan Leaf will carry a price tag of $32,500, but some California residents could drive one for just about $17,000 -- roughly the cost of a typical gas-powered compact sedan.
Forget about General Motors going public again, or rolling out the electric-powered Volt. GM's biggest debut this fall is the Chevrolet Cruze, perhaps its most important car in decades.
Making a forecast for one month's car sales is like trying to predict the weather: It's extremely tricky, and nobody pays attention to it unless you are wrong.
Toyota Motor Co. will put out six all-new hybrid vehicles worldwide by 2012, a Toyota spokesman confirmed.
The cutthroat world of car pricing is getting simpler and gentler for car buyers but more ruthless for car dealerships.
The auto industry reported its best month since Cash for Clunkers brought a flood of buyers out a year ago, but the sales still showed consumers reluctant to buy new vehicles.
General Motors is paying $3.5 billion in cash to buy subprime auto lender AmeriCredit, a move that will once again give the automaker its own finance arm.
The auto industry appears to be turning the corner. But the American consumer has yet to come along for the ride.
Toyota announced plans Thursday to build Corollas at an unused plant in Mississippi beginning late next year.
Major automakers all reported large gains in May sales, with industry totals helped greatly by a spike in sales to business customers rather than to individual consumers.
Satellite radio company Sirius XM swung to a profit and added more subscribers than expected on Tuesday, yet the stock tumbled.
U.S. auto sales rebounded 24% in March with virtually every automaker posting double-digit gains in sales. But the industry is not in as strong shape as those surges in sales would suggest.
The car company that is off to the worst start of 2010 isn't Toyota. It's Chrysler Group.
The government's Cash for Clunkers program resulted in a far bigger boost to car sales than was previously estimated, even by the government, according to a new analysis by Maritz Research, an automotive market research company.
The tabulation of U.S. auto sales for the month of February contains some big surprises. Consider:
Recall-plagued Toyota Motor reported a 9% drop in U.S. sales in February, but it appears other automakers didn't gain as much from Toyota's problems as expected.
U.S. auto sales rose 6% in January, although results were generally disappointing. Sales were hurt by weak demand from consumers and the well-publicized problems at Toyota Motor.
CNN's Eunice Yoon reports on how consumerism in China is finally beginning to parallel ballooning production.
The U.S. auto industry has been decimated in recent years by a rash of plant closings. But according to a survey of top industry executives, more shutdowns could be on the way.
GM could one day be Chinese owned.
Consumer credit fell in September for the eighth straight month, the longest streak of declines since the Federal Reserve started keeping records in 1943.
Major automakers reported Tuesday that their October sales rebounded following a weak September, as an increase in the number of cars available at dealers helped to get sales moving once again.
A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.
The end of the government's popular Cash for Clunkers program and low inventories of vehicles led to a 40% plunge in U.S. auto sales in September compared with August, although year-over-year declines were more modest and generally in line with forecasts.
The $3 billion Cash for Clunkers program will shut down on Monday, the government said Thursday.
General Motors is upping production and calling 1,350 of its U.S. and Canadian auto workers back to work due to increased demand for its vehicles.
Most major automakers reported better-than-expected sales in July thanks to a boost in demand sparked by the government's Cash for Clunkers trade-in program.
HLN money expert Clark Howard talks to a woman who learned an expensive lesson on what not to do when buying a used car.
Are you one of the seemingly few Americans in the market for a car? There are more of you out there than you might think.
With gas prices rising and car sales in the dumps, Hyundai is offering new car buyers gas at $1.49 a gallon for a year.
U.S. car sales are in a ridiculous funk. Even with a strong June, the current annualized rate of about 10 million vehicles isn't enough to compensate for scrapped cars and population growth. Yet the best investment play on an American recovery may not be a car or parts maker. Curiously, it may be Sirius XM Radio, which operates the radio in the dashboard.
Congress has finally passed the so-called "cash for clunkers" bill and President Obama is expected to soon sign it into law. So if you have an old gas guzzler you've been wanting to trade in, you could wind up getting a voucher for a new car.
The downfall of the American auto industry is wreaking havoc on state and local budgets from coast to coast.
General Motors, the quintessential U.S. company, sold more vehicles in Asia in the first quarter than it did in the United States.
U.S. auto sales plummeted again in April, but automakers said conditions were stabilizing and that the market is getting closer to a recovery.
Chrysler and General Motors are making progress in their efforts to stay in business. But even if they succeed, don't assume that means the problems are over for the battered auto industry.
AutoNation, the country's largest car dealer chain, posted a profit for the first quarter of 2009 despite a 43% decline in new vehicle sales, and said it expects to see improved sales in the second half of the year.
As GM fights for survival, CNN's Elaine Quijano talks to one veteran GM dealer about what he's up against.
At his GM dealership in suburban Washington, Maury Wilkins exudes calm as he gears up for an enormous challenge: protecting his decades-old family business.
U.S. auto sales tumbled sharply in March, although officials with some of the companies said they hope the worst of the downturn is behind them.
A strange and impressive sight currently greets drivers zooming over the Vincent Thomas span bridge across the sprawling California ports of Los Angeles and Long Beach.
HLN's Clark Howard says if you've been thinking about buying a hybrid vehicle, now is the time.
In another sign of just how far the U.S. auto industry has fallen, this is likely to be the first year since 1945 when the number of new cars bought will be less than the number of cars turned in to the junk yard.
