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Nissan Leaf on Track for First Year Sales Goal
April 30, 2010 - Nissan is projecting first year sales of its all-electric Leaf to hit 25,000 units, a target that seems in reach after online sales have climbed to 8,000 in just nine days.
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Ford Shows Best Quarterly Earnings in Six Years
April 28, 2010 - On Tuesday, April 27, 2010, Ford reported earnings of $2.1 billion for the first quarter, its best quarterly report in six years.
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Obama Justifies Auto Bailout in Weekly Address
April 27, 2010 - In his weekly radio and Web address, President Barack Obama cited the success of the auto industry bailout as an affirmation of such government assistance efforts.
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Nissan Leaf Pre-Orders Move Briskly
April 23, 2010 - Nissan reports that in the first three days of the availability of pre-orders, more than 6,000 have put their name in for an all-electric Leaf.
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Chrysler Posts 1Q Profit
April 21, 2010 - The Chrysler Group posted a 1Q 2010 profit of $143 million, a significant step forward for the company that survived bankruptcy last year.
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Toyota Agrees to $16.4 Million Fine
April 19, 2010 - Toyota Motor Corp. has agreed to pay the National Highway Traffic Safety Administration fine of $16.4 million for failure to report a sticking pedal issue leading to unintended acceleration.
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NHTSA to Test 2010 Lexus GX 460 for Stability Control Issue
April 16, 2010 - Toyota has suspended sales of the 2010 Lexus GX 460 pending an investigation by the NHTSA regarding potential stability control issues.
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Ford to Expand Use of EcoBoost Engines
April 14, 2010 - In a bid to further reduce emissions and improve fuel efficiency, Ford plans to dramatically increase its use of EcoBoost engines by 2013.
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Ford to Boost Overseas Investments
April 12, 2010 - Ford, having escaped a federal bailout and bankrupcty, and generating a profit for 2009, will now increase its overseas investments to become more competitive with General Motors and Toyota.
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GM Retains Hope of Profits Even with $4.3 Billion Loss
April 12, 2010 - Even though the company posted a $4.3 billion loss for the fourth quarter of 2009, most of that amount was for "one-time" charges, leaving executives hopeful of a profit in 2010.
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Toyota Extends Incentives and Benefits
April 09, 2010 - After seeing positive sales gains of 41 percent in March, Toyota is hoping to preserve that momentum with aggressive incentive and maintenance campaigns.
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GM's Lutz Says Toyota Will Not Regain Iconic Status
April 05, 2010 - In remarks made at the New York auto show, GM Vice Chairman Bob Lutz expressed admiration for Toyota, but said he believes the automaker will not regain its once iconic status.
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Auto Industry Sales Up 24 Percent
April 02, 2010 - Auto industry sales jumped on average 24 percent in March, but analysts are concerned the advances are built more on incentive programs than real underlying demand.
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