| Citroen Cactus concept air-propelled crossover leaked |
Sep 5th, 2013 |
have been leaked ahead of its official unveiling at next week’s Frankfurt motor show. First published on Russian website Autowp, the images reveal ...
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| Toyota launches Lexus recall after discovering two faults that could cause vehicles to stall |
Sep 5th, 2013 |
Australia Toyota is recalling 2,500 thousand Lexus vehicles across Australia because faults that could cause two models to stall suddenly.The Japanese automotive giant has is recalling almost 400,000 cars worldwide.Lexus IS 350s built in 2010 and 2011 are being recalled amid concerns that bolts pinning a valve-control system inside the engine could come loose.There are concerns the hybrid ...
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| Auto sales boom But is the party about over |
Sep 5th, 2013 |
MORE Automakers sold new cars and trucks so fast in August they blew past even the most optimistic forecasts.The month's annualized sales pace was 16.1 million, Autodata reported, a rate not seen since November 2007 before the Great Recession. A year ago, the pace was 14.5 million, and that didn't seem bad at the time.The raw numbers: 1.5 million new vehicles sold in August, up from a ...
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| Japan stocks up before rate decision autos gain |
Sep 5th, 2013 |
LOS ANGELES (MarketWatch) -- Japanese stocks rose early Thursday, ahead of an expected decision by the Bank of Japan to keep monetary policy unchanged. The Nikkei Stock ...
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| Auto sales post double-digit gains in August |
Sep 5th, 2013 |
Automakers sold 1.5 million vehicles last month, a 17% gain over the same month a year ago and one of the best showings since 2007, before the Great Recession set in, according to Autodata Corp. The sales were higher than expected, said Michelle Krebs, an analyst with auto information company Edmunds.com, and were "even more positive than the overall numbers imply, as individual car buyers, ...
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| Toyota Recall Almost 400K Cars Included |
Sep 5th, 2013 |
involves 2006-2010 model year Highlander Hybrids and 2006-2008 model year Lexus RX 400h's, about 133,000 vehicles total. The hybrid system's inverter assembly transistors can be damaged by heat from variations in characteristics of the transistors built in parallel circuits. If this happens, warning lights on the instrument panel will light up and in limited incidents, the hybrid system ...
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| Video What do strong auto sales mean for broader economy |
Sep 5th, 2013 |
New numbers show August had the highest number of auto sales of any month since the Great Recession. Financial and economic analyst Mellody Hobson explains why sales are ...
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| Mahindra’s Scorpio overtakes Renault Duster in August sales |
Sep 5th, 2013 |
The old rugged warhorse Scorpio got the better of Renault’s fast-selling urban SUV Duster in monthly sales for the second consecutive month in ...
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| Auto Sales Are Soaring Propelled by Leases |
Sep 5th, 2013 |
Automakers have traditionally used the lease as a way of making high-end cars and trucks more accessible for consumers who could not afford the full sticker price. But today, with credit more available and consumer confidence increasing, automakers are extending the strategy to more moderately priced cars, which in turn is helping bring about surprisingly strong sales results. In August, ...
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| Stocks Rise Before Syria Vote Fed Decision Bigger Banks in Europe Full Speed Ahead Auto Sales Accelerate in August |
Sep 5th, 2013 |
Stocks Rise Before Syria Vote, Fed Decision (Bloomberg) Stocks climbed today, led by automakers and technology companies, as investors awaited a Senate vote on action against Syria while also watching for signs from the Federal Reserve about when it will begin to taper its stimulus. "Managers actually are fairly bullish on the environment," Arvin Soh, a New York-based portfolio manager ...
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