Cars

Budget Battles

  • How Automakers Are Propping Up Used Car Prices

    By Nick Carey, Reuters

    Two lanes apart at a noisy, fast-paced auto auction near Detroit, two vehicles show why major U.S. automakers have a problem with used cars. In one lane of the Manheim auction facility, a black 2015...

  • FILE PHOTO -- A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney

    In the Electric Car Market, Tesla's Not The Only Game in Town

    By Nick Cunningham, Oilprice.com

    Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it...

  • FILE PHOTO: Volvo logo is seen at the 2017 New York International Auto Show in New York

    Here’s the Strategy Behind Volvo’s Big Move Into Electric Cars

    By Niklas Pollard, Reuters

    All Volvo car models launched after 2019 will be electric or hybrids, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion...

  • An overall view of the assembly line where the BMW X4 is made at the BMW manufacturing plant in Spartanburg, South Carolina March 28, 2014. REUTERS/Chris Keane

    Bad News for Automakers: The Average US Household Can't Afford a New Car

    By Sarah O'Brien, CNBC

    As wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25...

  • Assembly workers work on the underside of 2015 Ford Mustang vehicles on the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, August 20, 2015. REUTERS/Rebecca Cook

    Why Your Next Ford Could Be Made in China

    By Paul Lienert and David Shepardson, Reuters

    Ford Motor Co ( F.N ) said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China...

  • Organized Labor Gets ‘No’ Vote at Volkswagen Plant

    By BERNIE WOODALL, Reuters

    In a stinging defeat that could accelerate the decades-long decline of the United Auto Workers, Volkswagen AG workers voted against union representation at a Chattanooga, Tennessee plant, which had...

  • Overreaching CFPB Threatens Economy

    By Liz Peek

    What could possibly be more brainless than turning off credit to the housing industry? Maybe stifling auto lending qualifies. Gains in the housing and auto industries have been among the few economic...

  • Ford F-150

    Ford’s New F-150 Truck: Why the Payoff Could Be Huge

    By Beth Braverman

    The star of the 2014 Detroit Auto Show wasn’t the latest sports coupe or futuristic concept car: It was the latest incarnation in the most mass-market vehicle in North America: the Ford F-150 pickup...

  • Detroit Auto Show: Greener Cars Are Shedding Pounds

    By Julie Halpert, The Fiscal Times

    Automakers are painting Detroit green at this year’s North American International Auto Show, unveiling a collection of environmentally friendly new vehicles. Experts say the trend is just beginning...

  • <p>This vehicle has the trademark, low slung style, including an abundance of glass in the sloping rear. Stunning and sporty in appearance, it’s every bit loyal to its historic past. The quintessential muscle car has 450 horsepower and goes from 0 to 60

    The Biggest Challenges for the Big 3 Automakers

    By Deepa Seetharaman and BEN KLAYMAN, Reuters

    General Motors Co ( GM.N ) named a new chief executive, Ford Motor Co ( F.N ) kept its old leader and Chrysler Group LLC's CEO averted a divisive public offering. And that was just in the last 30...