Long-Term Car Loans Have Auto Industry Concerned

Long-Term Car Loans Have Auto Industry Concerned

Long-term car loans are beginning to ring alarm bells in Canada’s automobile industry. Loans over six-years have abruptly risen to 57% of new auto loans in Canada in 2012 amid cutthroat competition by automobile makers offering low-interest rates and consumers eager to keep the lowest monthly vehicle payments that they can. At a conference on […]

Apple Inc. Has Set Its Sites On The Auto Industry

Apple Inc. Has Set Its Sites On The Auto Industry

While some may find the idea of Apple Inc.’s iOS being tied to the auto industry, the idea is not that far-fetched. As a matter of fact, some major technology firms are already located inside vehicles everywhere, such as Microsoft and Ford’s partnership. With the overwhelming popularity of Apple Inc.’s gadgets, such as the iPod, […]

Bid To Help European Auto Industry

Bid To Help European Auto Industry

Today – Nov. 8 – the European Commission put forward an action plan created with stakeholders to revive the struggling European auto industry. However, environmentalists claim that it ignores concerns about climate change. The CARS2020 plan calls for changes in the way the European Investment Bank issues loans to manufacturers of auto parts, to provide […]

Will The Auto Industry Bailout Affect 2012 Presidential Votes?

Will The Auto Industry Bailout Affect 2012 Presidential Votes?

DETROIT – The United States auto industry bailout was an important discussion topic leading up to the day of the U.S. 2012 presidential election, on Nov. 6. But will it make an impact on voters’ decisions about who to choose as their new president on election day? Whether it was the presidential candidates themselves, Barack […]

Automobile Industry Bailout Saved Major Vehicle Manufacturers

Automobile Industry Bailout Saved Major Vehicle Manufacturers

With Election Day quickly approaching, American citizens are looking for a leader who will support a competitive global economy and create jobs at home. With the final Presidential debate completed and the end of the campaign approaching, Mitt Romney desperately wants to walk back his statement to “let Detroit go bankrupt” and minimize President Obama’s […]

European Automobile Industry in Crisis As Ford Plant Closes

European Automobile Industry in Crisis As Ford Plant Closes

Automakers faced a day of reckoning Thursday when Ford announced that Europe’s third plant will be closing. Peugeot accepted aid from the state and even Volkswagen had a large drop in profits.  The car market in Europe has been getting smaller because of the European debt crisis, rising employment and government spending cuts. September sales […]

Should Beijing Rethink Its Automobile Policy?

Should Beijing Rethink Its Automobile Policy?

Nine years ago, vehicle consumers in China bought 1.8 million light weight vehicles, making the country the seventh-largest auto market world-wide. Currently, China has surpassed the U.S. to become the world’s leader in vehicle sales, and continues to hold and grow that lead. During this time, China has become a source of major profits for […]

Will The Automobile Industry Bailout Determine The Next President?

Will The Automobile Industry Bailout Determine The Next President?

The different White House views of the $85 billion automobile industry bailout will be sure to influence voters in swing states such as Ohio, where the car industry represents a large amount of the state’s economy. The recovering auto industry is a good story for President Obama and the Democrats who pushed for the financial […]

Taking A Fresh Look At China’s Automobile Industry

Taking A Fresh Look At China’s Automobile Industry

China’s automobile industry – reports published by the China Passenger Car Association indicates that 18.5 million vehicles were sold in that country last year. The Association projects sales of 20 million vehicles for 2012. American auto reports indicate that automobile sales reflected a total of 1.19 sport-utility vehicles, cars and trucks were sold in the […]

The Future Of The Auto Industry Is Driving Into New Territory

The Future Of The Auto Industry Is Driving Into New Territory

According to Canadian Auto Industry Analyst, Charles Seguin, the future for automobiles is coming and will be very different than what we have panned for. Using data and statistics from numerous sources, he estimates a shift in the landscape of new vehicles, with the main source of the changes rooted in new technologies from Indian […]