The Ford Mustang has been a dominant force in the sales department well before the last generation Chevy Camaro rode off into the sunset. That changed last month. Ford's iconic pony car has been outsold by the Dodge Challenger by 293 units in February, as the Dodge coupe racked up 3,283 sales during a very challenging month. The Challenger's February victory could be a sign of things to come for the Mustang, as the Blue Oval's most recognizable vehicle is set to get bombarded with more competiti
Yesterday we learned that Toyota's financial arm has applied for a $2 billion loan from the Japanese government. One day later comes word that Honda may follow suit. Honda is reportedly looking to borrow $100 million to loan to U.S. customers. The loan may be necessary due to the lack of money flowing through the U.S. financial market; a situation that is hurting all automakers. The financial markets are definitely hurting Honda, too, as the Japanese automaker posted a 38% sales decline for Febr
Despite Wall Street's expectations to the contrary, General Motors experienced a February sales decrease of 2.5-percent-- analysts were hoping for a 1.3-percent uptick. Retail sales (as distinct from fleet transactions) did increase 1-percent, largely on the strength of the General's new GMT900 SUVs, which are "exceeding all of the important targets," according to the automaker.