Automotive News
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Hoffman Estates -
Sears Holdings Corp is considering selling its controlling stake in Sears Canada, which could mean all of the department store operator's 400 Canadian locations are for sale.
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When General Motors emerged from bankruptcy in 2010, the Canadian federal and Ontario provincial governments found themselves among the largest shareholders in one of the biggest automakers in the world and, currently, the governments want to liquidate.
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Manufacturers are offering more electric vehicles than ever. With market prices falling, consumers are welcoming this rapidly growing technology. From the environment to the macro-economy, humanity has much to gain from this emerging industry.
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Technological improvements in the automobile industry are both obvious and sublime. New innovations protect the car and improve performance.
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Washington -
The US Justice Department hit Japanese tire and rubber parts giant Bridgestone with a $425 million fine Thursday for conspiring to fix the prices of rubber parts used in US-made automobiles.
In the Media
by AFP
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Jacksonville -
A chic outdoor mall south of downtown Jacksonville, Fla. appears to be one place where the sleek, speedy animals of the car world roam. A local importer showcases feline machines around a high-end watering hole, which seems to draw other fast creatures.
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In addition to safety measures, efficient administration can also lower a consumer’s car insurance. Eight of the 10 insurance carriers chosen for the study charge less for paperless billing.
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Saving on car insurance should be something on the mind of every driver. Everybody knows that accidents and traffic violations can increase premiums, but even if you're the safest, most law-abiding driver you could be facing high costs.
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All motorists in Canada are required to carry auto insurance but a savvy driver can find many ways to save money when shopping for car insurance and knowing what to look for can help.
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Impressive May sales gains seen from all three US automakers were driven in large part by demand in pickup trucks, indicating a greater economic recovery - particularly in construction.
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By mid-2013, driving on the highways at night time in the Netherlands will get a bit brighter, with new, fluorescent lane markers that will remove the need for overhead lighting.
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Self tinting windows? May not be too far off in the future. Recent reports reveal that luxury auto maker Mercedes Benz is developing technologies for windows to tint themselves.
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Fairfield -
The future of cars is here. A General Electric (GE) Charging Station has been added to a parking lot in Downtown Fairfield.
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Led by President Obama's push for more fuel efficient vehicles, the US Transportation Department and the Environmental Protection Agency have issued a 'notice of intent' to automobile manufacturers for 2025 models.
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Ford accumulated annual profit for the first time since 2005. Ford Chief Executive Alan Mulally expects the company will be profitable again this year.
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As the global automotive industry faces stark declines across all vehicle classes, futurist designers are demonstrating what can be done with flying cars. Is this the future of private transportation?
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A record number of automotive dealerships closed in the United States during 2008 -- the nationwide dealership count for the year fell by 881, or 4.2 percent, to 20,084. The decline was the largest since 1991
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Toyota Motors of Japan has announced the suspension of operations of 12 car assembly plants in Japan due to depressed demand for cars in the domestic as well as export markets. Suspension of production will happen in February and March this year.
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Plummeting sales globally and a surge in the value of the Yen staggers auto giant as it prepares to post a $150 billion (US$1.6Billion) loss for this year.
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The bailout of Chrysler and General Motors was a simple case of CYA for the Bush Administration. Bush did not want to go out with the collapse of the auto industry happening on his watch.
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Europe's biggest carmaker Volkswagen AG reaffirmed its profit target after the German-based group reported operating profits for the first nine months of the year surging to 4.3 billion euros (6.2 billion dollars).
VW expects to reach its 5.
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Germany luxury sports carmaker Porsche AG secured a court victory over Volkswagen AG union officials Wednesday following a battle concerning labour representation on a new corporation to run the two companies.
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BMW said Friday it was suing to block the sale of a Chinese "clone" of its X5 off-roader.
A spokesman in Munich confirmed to Deutsche Presse-Agentur dpa the gist of a report the same day in the automobile industry weekly Automobilwoche.
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First space travel, now cars. The X PRIZE Foundation issues a second $10 million challenge to find answers to critical problems.
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The coolest automotive color changing paint ever!
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Troubled unit of DaimlerChrysler expects to cut 11,000 factory workers, 2,000 salaried jobs, close one assembly line after losses soar. GM and Ford having troubles too?
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Toyota Motor Corp. plans to build a low-cost car undercutting Renault's emerging-market Logan through a "radical" rethink in design and production, the president of the fast-growing Japanese automaker said.
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