investment

The Detroit Three are in much better financial shape than three years ago. General Motors and Ford are now profitable, and Chrysler appears poised to begin making real money soon. That success has lead to plans to spend billions of dollars on North American plants, but Automotive News reports ...

Classic rock fans recognize Nick Mason as the drummer from Pink Floyd, but classic car enthusiasts know him just as well for his automobile collection and regular column in Octane magazine. Now the musician/car nut is headlining a ...

Adding a vote of confidence to Mexico's struggling auto industry, Volkswagen has announced that it will begin assembly of a new compact car (working title "New Compact Sedan") in the country next year. The German automaker ...

The world's biggest automaker has confirmed that it is investing 44.9 billion yen (or about $467.2 million at current exchange rates) to upgrade its Indiana plant. Toyota Motor Corp. will reportedly spend the next three months retooling in order to build its Sequoia and Highlander SUVs on the same ...

The worst secret in the universe is that there's a lot of money in the Middle East and the Gulf states are looking all over the world for places to put it. Abu Dhabi's Aabar investment spent €1.95 billion on a 9.1% stake in Daimler (around $2.5B USD), and now the state of Qatar is eying what ...

Hybrid propulsion or not, wunder-designer Henrik Fisker couldn't have picked a worse time be to starting a new car company...especially in the United States. Fisker has been adamant that his company will get off the ground and begin production of its ...

The ink isn't dry on the contracts and the ownership transfer won't even be complete for another thirty days. However, Kuwaiti firm Investment Dar and its partner Adeem Investment Company are planning to put their stake up for sale. The consortium that purchased Aston was led by Dave Richards, ...

Ford Motor Company was quick to issue a brief statement regarding the meeting that took place between its CEO, Alan Mulally, and executives from Toyota last week in Japan in order to quell speculation of an alliance or partnership, but news of the meeting had a very positive effect on the Blue ...

As Toyota continues to rake in money hand-over-fist, it intends to bolster its fight for the #1 spot by increasing the money it spends on capital investment. The company's latest financial report pegs the automaker's capital spending for the current fiscal year at a whopping $14 billion - a ...

Toyota has launched a new advertising campaign aimed at educating Americans about the company’s involvement in and importance to the U.S. economy. The billboards highlight such facts as 386,000 jobs have been created in this country by Toyota and the company’s invested $13 billion in ...