2 Apr 2022, 09:40 UTC · By: Cristian Agatie / If you ask any car industry executive they'd start moaning about the lost sales and how bad it is but at the end of 2021 they all reported record profits
2 Nov 2021, 13:39 UTC · By: Benny Kirk / Consumer reports concluded that a disproportionate number of people in less than ideal car loan situations were paying as much as 10% of income on auto loans
6 Jul 2021, 20:48 UTC · By: Mircea Panait / Better late than never, Ford has received thousands of valuable microchips that will help the Dearborn-based automaker ship thousands of trucks to dealers
19 Mar 2020, 16:45 UTC · By: Daniel Patrascu / Ford to offer up to six months payment relief for new customers buying a 2019 and 2020 model-year vehicle through Ford Credit
10 May 2017, 12:26 UTC · By: Vlad Mitrache / Toyota recently announced its earnings and the numbers were bad enough to make Toyoda-san say there's a crisis looming for his company
15 Aug 2016, 23:03 UTC · By: Mihnea Radu / Under the guise of comedy, we could be looking at a very serious problem. Sub-prime car lending could affect the entire auto industry in a way we can't imagine
28 Oct 2013, 17:10 UTC · By: Mihnea Radu / They say there's nothing bad about a little competition, but that doesn't apply to auto industry in Europe, which is currently operating at overcapacity. Bloomberg recently ran a story ...
15 Aug 2013, 08:55 UTC · By: Mihnea Radu / Volkswagen Passenger Cars has just reported its deliveries are now up 3.7% for the year-to-date period of January through July. The German car brand managed to find 3.38 million customers worldwide,...
3 Jan 2013, 13:32 UTC · By: Mihnea Radu / It looks like 2013 is going to be another year of lows for Europe’s hurting car market. Opel is be preparing a new model offensive for the early part of 2013, which includes the new Adam and C...
3 Jan 2013, 10:04 UTC · By: Mihnea Radu / The economic crisis that hit hard in 2008 is like the definition of a back swan moment. Nobody know that there was a thing called ‘credit swaps’ that people were leveraging 100 to 1, pus...
12 Dec 2012, 14:44 UTC · By: Mihnea Radu / PSA Peugeot Citroen announced recently that that it want to shrink its workforce by 11,200 people, or 17%, over the next couple of year in order to deal with one of the worst slowdowns in recent his...
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / Ford, Lincoln and Mercury are in a deep crisis and this thing shows, because they are inches away from giving cars for free. What do they offer? Discount pricing, additional cash back for customers ...
21 Nov 2012, 14:06 UTC · By: Alexandru Stan / The unspooling financial crisis takes its toll on car-producers as the Volkswagen owned Czech Republic-based Skoda announced on Monday that it would halt production for a full week. The stoppage wil...
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / General Motors has made new wishes for the new year and one of these cravings is becoming more responsible with their money when it comes to high class traveling. GM decided that “due to signi...
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / As a result of the recent scandal in which the three CEOs were involved, GM's CEO Rick Wagoner will drive to Washington this week in a Chevrolet Malibu Hybrid to ask for bridge loans. L...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / Ze germans are attacking. The angry German carmaker, Porsche, accused famous U.S. auto brands like General Motors and Ford for pushing the automotive industry on the brink of financial ruin. &quo...
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / Ford are about to sell Volvo to anyone... who offers the kind of money they want. We are talking about $6 billion, that is a hefty sum. Ford bought the Swedish firm back in 1999 for $6.4 billion ...
21 Nov 2012, 14:06 UTC · By: Alexandru Stan / Knock, knock! Who's there? Eco. Eco who? Economical recession. Unabated by bad knock-knock jokes, auto-makers continue their route to mount Golgotha as part of a sudden journey paid for by inex...
21 Nov 2012, 14:06 UTC · By: Vali Mihaescu / After most of the car manufacturers in the world faced the situation of shutting down their manufacturing plants or adopting shorter work programs, it's now time for the Germans to do the same....
21 Nov 2012, 14:06 UTC · By: Alexandru Stan / Car makers have only ended a hellish week to start over an even hotter one. With sweaty foreheads and teary eyes, nearly empty-pocketed companies have been desperately trying to find viable solution...