financial
Tesla Just Reported a $312-Million Profit
Wall Street appears to be happy.
Nissan Just Took Over Mitsubishi
Nissan and Mitsubishi have officially joined forces to share technology, vehicle platforms and more.
American Auto Loans hit Record Levels
No, you’re not imagining things. Both new- and used-vehicle prices are on the rise and American motorists are paying more than ever to purchase cars and trucks.
Ford, Honda Projected to Gain Market Share in new ‘Car Wars’ Study
The analysts and number crunchers at Bank of America/Merrill Lynch released the findings of their latest Car Wars study, a report that tracks industry product trends. The results are surprising; market-share fluctuations are expected to remain small. But Ford and Honda are both projected to gain in the coming years with Nissan on track to…
Report: Toyota Recall Costs Estimated at $2 Billion
Toyota’s recent recall issues may cost the company an estimated $2 billion. Along with the company’s third quarter report, Toyota estimated the costs of the global recall at 180 billion yen (US$2 billion), including 100 billion yen (US$1.1 billion) for repair costs and another 70-80 billion yen ($787-899 million) in lost sales. Toyota predicts a…
