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Auto Sales Could See 30% Hike For May
2012 Ford Focus vehicles moves along the assembly line at the Michigan Assembly Plant in Wayne. (John T. Greilick / The Detroit News)
(The Detroit News) - Washington —Auto sales may jump as much 30 percent in May as lower gas prices bring more truck buyers to showrooms, auto analysts said Thursday. More

Judge: Auto Dealers Must Tell Buyers About Bad Credit
Chevrolet vehicles are seen on display at a Chevrolet dealership in San Jose, Calif. (By Paul Sakuma, AP)
(USA TODAY) - A federal judge says auto dealers who use consumers' bad credit histories to charge them more interest on car loans must tell buyers they have negative information on their credit report, the Associated Press reports. More

Honda Recalling 52K Acura TLs Over Fire Concerns

Bill Ford

(The Detroit News) - Washington — Honda Motor Co. is recalling more than 52,000 Acura TL vehicles over fire risks from leaking power steering hoses — the third time the automaker has recalled Acura models to fix the problem since 2007. More


Acura's Smaller, Cheaper ILX Compact On Sale Today

(USA TODAY) - Acura's new starter model -- the smaller cheaper ILX compact based on Honda Civic underpinnings -- goes on sale today, ... More


High-Tech Interiors Drive Future Vehicles

(The Detroit News) - Dearborn - The interior of your next vehicle will be driven by technology and entertainment systems, and in the next few years,... More


Aston Martin $158,000 Vantage Is Dream Car For Innocents

(Bloomberg) - My pal Jake has ridden in the latest Nissan GT-R, a Porsche 911 and BMW 3 Series. He now says he would gladly trade all those cars... More


E15 Alcohol Fuel Can Wreck Engines, Auto Groups' Data Say

(USA TODAY) - E15 fuel can wreck your engine, according to new data presented by auto industry trade groups. More


Warren Buffett's Investment Firm Buys 10 Million Shares Of GM

(Detroit Free Press) - Legendary investor Warren Buffett's Berkshire Hathaway disclosed Tuesday that it had acquired 10 million shares of General... More


Made For "The Avengers," Acura's Movie Car Concept Debuted In Detroit

(Detroit Free Press) - Does that cool, red -- matches Iron Man's suit -- convertible that Tony Stark and Bruce Banner drive off in at the end of “The Avengers” ... More


Customs And Affordability Determine What Style Of U.S. Vehicle Sells In China

(Detroit Free Press) - BEIJING - Automakers are learning that what sells in the U.S., Europe or Japan won't necessarily sell in China. More


German Brands Widen Lead In U.S. Luxury Auto Market

(The Detroit News) - As Germany's luxury carmakers battle among themselves for global leadership, they have widened their lead in the U.S. over other... More


Mulally Will Lead Ford Until Job Accomplished

(The Detroit News) - Rest easy, Ford Motor Co. shareholders: CEO Alan Mulally isn't going anywhere anytime soon because he doesn't have to... More


Dollar Thrifty Profit Beats Street On Travel Demand

(Reuters) - Car rental company Dollar Thrifty Automotive Group posted a quarterly profit ahead of market expectations, helped by a recovery in the U.S.... More


Ferrari Apologizes For Tire Marks On Relic

(Detroit Free Press) - A Ferrari dealership employee took a spin on Nanjing, China's 600-year-old city wall, leaving tire marks on the Chinese relic and prompting... More


2013 Corvette ZR1 To Be Pace Car At Indianapolis 500

(The Detroit News) - General Motors Co's 2013 Chevrolet Corvette ZR1 will lead the starting field of the 96th Indianapolis 500 May 27. More


Ford Will Boost Production By Almost 40,000 Vehicles By Reducing Summer Shutdown At 13 Plants

(Detroit Free Press) - Ford will boost production by almost 40,000 vehicles by reducing the traditional summer shutdown at 13 plants in July to one... More


Ford Credit Rating Boost: "The Blue Oval Is Back"

Bill Ford

(Detroit Free Press) - Moody's Investors Service raised Ford's senior unsecured credit rating from Ba2 to Baa3, making it the second ratings agency to restore the automaker's investment-grade debt rating, ending a nearly seven-year period during which Ford paid higher junk bond interest rates. More


Fire Risk Prompts Recall Of Nearly 87,000 Jeeps

(The Detroit News) - Detroit - Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires. More


Ford Taking Orders For C-Max Hybrid

(Detroit Free Press) - Ford has started taking orders for the all-new C-Max hybrid that will start at $25,995. More


Ford To Lead Rollouts Of New Models

(The Detroit News) - Ford Motor Co. will offer more new car models over the next three years than any other automaker, according to a Bank of... More


Honda To Recall 53,000 Acura TLs

(Yahoo! News) - Honda's luxury brand Acura will recall nearly 53,000 vehicles in the United States to fix a problem with the power steering, ... More


GM Making 600 New Hires At Lansing Plant To Build Cadillac ATS

(The Detroit News) - Delta Township - General Motors Co. will hire a majority of new-to-GM employees as it adds a second shift at its Lansing Grand River... More


GM Interested In Acquiring Ally's Foreign Operations

(The Detroit News) - Washington - General Motors — which owned the auto and mortgage lender Ally Financial Inc. until 2006 and still holds a 9.9 ... More


Tesla Will Sell Swoopy Model S Electric Sedan Sooner

(USA TODAY) - Tesla Motors has moved up the on-sale date of its 2012 Tesla Model S to June, and the electric-car maker revealed that top-of-the-line Model S... More


Toyota Rates Best For Suppliers As Gap To Detroit Narrows

(Bloomberg) - Honda Motor Co. (7267) and Toyota Motor Corp. (7203) plummeted in a survey on relations with suppliers, while gains by Chrysler Group LLC... More


Treasury: No Schedule Set To Exit GM

(The Detroit News) - Washington - The Obama administration's nearly three years as part owner of General Motors Co. isn't going to end anytime... More


Auto Sales Rise Puts U.S. On Pace To Best Year Since 2007

(Bloomberg) - U.S. auto sales are on pace for the best showing since 2007 and a third straight year of at least 10 percent gains, only the fourth such streak... More


USAA Names The Sweet 16 'Best Value' Vehicles

(USA TODAY) - Which new vehicles offer the most value? That's an interesting question, and one that insurer USAA set out to answer. More


Jaguar F-Type Revisits Swinging ‘60s To Challenge Porsche: Cars

(Bloomberg) - Jaguar is invoking its iconic E-Type roadster to challenge Mercedes-Benz and Porsche with its first two-seat sports car in almost four decades. More


Hyundai Kills Stick-Shift Version Of Sonata Sedan

(USA TODAY) - For 2013, Hyundai is pretty much playing the same tune when it comes to its flagship Sonata sedan. More






Rate Of Bad Car Loans Falls To Lowest In 13 Years

electric cars

A Toyota Scion car for sale at a Toyota dealer in Hollywood, California. By MARK RALSTON, AFP/Getty Images

(USA TODAY) - The rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, the Associated Press reports. More




Owners Of Costly Electric Cars Save Money On Insurance

electric cars

(USA TODAY) - Early adopters of electric vehicles have to dig deep into their wallets to buy the cars, but some are reaping unexpected savings on their insurance bills. More



Nissan Confirms All-New Rogue In 2013, Built In U.S.

(USA TODAY) - Buried within the news about the launch of the 2013 Nissan Altima, Nissan confirmed that it's preparing an all-new version of its Rogue... More



Auto Sales Buoy Economy

(The Detroit News) - Car sales that are running at the fastest pace in four years are poised to reverberate through the world's largest economy as a... More




GM To Stop Buying Ads On Facebook?

(USA TODAY) - General Motors just made a dramatic update to its status on Facebook. More




Ferrari Plans To Replace Iconic Enzo With Super Hybrid

(Bloomberg) - Ferrari SpA will turn to fuel-saving hybrid technology to create its most powerful and expensive model, showing that even elite performance cars... More


Carroll Shelby, Car Builder Who Added Muscle To American Racing, Dies at 89

(The New York Times) - Carroll Shelby, a Texas chicken farmer turned hot-rodder who went on to build innovative sports cars like the Cobra... More


Camaro ZL1 Joins 11-Second Club

(Detroit Free Press) - Chevrolet says its new Camaro ZL1 is now officially a member in the 11-second club - at least when it comes to drag racing the quarter... More


Rental Firms Urged To Heed Recalls

(The Detroit News) - Washington - Pressure is mounting on rental car companies to repair recalled vehicles before they are rented, while a new... More


Critics Bash Romney's Auto Bailout Claims

(The Detroit News) - Washington - Democrats on Tuesday criticized Mitt Romney's claim that he deserves a "lot of credit" for the rebound of the U.S. auto... More


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