auto industry

Ford And Nissan Make Big Gains, Toyota Falls Unlike the month of March, when automakers left and right were breaking monthly sales records despite having one fewer selling day, April 2013 was a month when some brands couldn't even beat their year-over-year sales numbers despite being spotted an ...

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. Just as impressive ...

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 ...

Detroit Gains Momentum As Japan Regains Its Footing The automotive world as we know it underwent plenty of shaking last year and it was the result of more than just the tragic earthquake and tsunami that rattled Japan – costing makers like Toyota and Honda perhaps a million units in lost ...

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 ...

Getting spammed daily from all sides has become a fact of life. If you have an email address and use the internet, you will get spammed. Most likely numerous times throughout the day. In a recent study by Symantec, researchers found that the automotive business is the most-spammed industry out ...

There's a reason Detroit is called the Motor City. The U.S. Auto industry was born there in a swath of southeast Michigan no larger than the state of Vermont. And when the industry was booming, the area was the epicenter for all things automotive. But ...

Automobile manufacturers and dealers spent $7.5 billion on advertising during the first six months of 2009, says TNS Media Intelligence. The company that keeps track of nearly every form of advertising for all industries is reporting that the figure represents a 30.8% drop compared to the same ...

Want to know a fun fact that can probably win you a free round at the bar? P.T. Barnum didn't say, "There's a sucker born every minute" – a man named David Hannum did. But before that, we can talk about George Hull. After an argument with a minister about a passage in the book of Genesis ...

Mexico hasn't accounted for nearly as much ink as the U.S. and Canada in recent discussions of the auto industry. But in case anyone was wondering, they're in a big hurt south of the border as well. While the American market's decline in auto sales factors in at about 25% overall, the Latin ...