Auto sales up – but not for Toyota
Several major automakers reported improved sales for January, with the notable exception of troubled Toyota Motor. Toyota said Tuesday that January sales fell 16% from...
Carmax Hiring for 600 Store Positions
CarMax, Inc., the nation's largest retailer of used cars, is currently recruiting for approximately 600 store positions in locations across the country. The majority...
Carmax named one of the “100 Best Companies to Work For”
CarMax, Inc., the nation's largest retailer of used cars, has been named by FORTUNE magazine as one of its 2010 "100 Best Companies to...
Merkel sees new technology as Germany’s saviour
German Chancellor Angela Merkel promised Saturday to boost new technologies, particularly in the auto industry, in a bid to resolve the economic crisis if...
German auto parts maker Schaeffler gets lifeline
Ailing German auto parts maker Schaeffler, which is struggling to acquire its much bigger rival Continental, said Tuesday that it had reached a major...
Cash for Clunkers Vehicle List
Cash for Clunkers — now officially known as the Car Allowance Rebate System (CARS) — is a federal program signed into law by President...
House OKs $2 billion more for Clunker program
The House on Friday passed a bill to allocate another $2 billion to the Cash for Clunkers program. The move came after reports on Thursday...
AAIA Predicts Consumer Backlash on Cash for Clunkers
As new car dealerships ramp up advertising to attract consumers to the showroom using "Cash for Clunkers" as an incentive, the Automotive Aftermarket Industry...
US auto sales appear to stabilize
Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed...
Webb suggests giving cash for buying a newer car
U.S. Sen. Jim Webb of Virginia wants the federal government to give motorists a financial reward if they trade in their old automobiles. Anyone trading...
