Today's new cars come equipped with dozens of microcomputers connected by a network and run everything from infotainment systems to the engine itself. Like any other computer system, the units inside our cars are vulnerable. Hackers can infiltrate these systems. Once they're inside, they can do anything from steal your data to control your car.
America's automotive industry continues to boom, with analysts predicting that sales in 2014 will reach over 16 million units while marking just the second time since World War II that the industry has seen five consecutive years of growth. The estimates, if correct, would represent a 500,000-unit improvement over the current projections for 2013.
Ford is on a roll this year, with excellent quarterly earnings and better-than-expected vehicle sales leading to 800 more job opportunities with the Blue Oval. In January, Ford announced that it wanted to hire 2,200 salaried employees, but, since then, that figure has been revised to 3,000, representing a 36-percent increase over original projections. About 1,500 of those jobs remain, 80 percent of which are technical professional positions.
Title cements company's comeback after Japan's crisis
Now it's official: Toyota is once again the world's top automaker.
Toyota Motor Corp. released its tally for global vehicle sales for last year Monday at a record 9.748 million vehicles - a bigger number than the estimate it gave last month of about 9.7 million vehicles.
New-car sales may dip in short term, but storm victims could add to year's strong sales numbers
The effects of Hurricane Sandy are expected to ripple across the auto industry.
In the short term, the superstorm is expected to hurt October sales figures, as dealerships across the Eastern Seaboard missed several days of sales. But in the months ahead, analysts expect the storm to boost an already-burgeoning industry as Sandy's victims replace damaged vehicles.
One shade leads for 2nd straight year, but it's dominance may be fading
White remains the most popular color choice for car shoppers across the globe for the second straight year, according to an annual survey released Wednesday. But its stay at the top may be ending soon.
Consumers, especially those favoring Ford and General Motors vehicles, pulled back in July as an increasing amount of bad news about the economy, some driven by overblown election year politics, dampened enthusiasm for spending on big-ticket cars and trucks.
How important is the auto industry to state and federal governments? According to the Center for Automotive Research, the industry accounts for $135 billion in annual taxes. In fact, a reported 13 percent of all state taxes comes from the automobile, or $91.5 billion in total.
The 2008 economic collapse in the U.S. led to what many experts call the worst recession since the Great Depression. Among the many casualties of the recession was the U.S. auto industry, which (arguably) was saved thanks to $25 billion in cash from the Bush Administration in 2008 and another $60 billion from the Obama Administration in 2009.
Japan is still struggling to repair itself in the wake of the March 11 earthquake and tsunami, and the country's auto industry is looking to help out wherever it can. Automotive News reports that automakers and suppliers will work weekends and take off Thursdays and Fridays in an effort to ease pressure on the nation's power grid. The March 11 earthquake wiped out eight percent of the country's overall electricity capacity, which means that a lot of folks in Japan will need to cut back on consum