The Olympics not only shines a light on athletes engaged in competition, but also on brands competing for the attention, …
GM
GM’s First Female CEO Shoots to Top of Fortune 500 Rankings
Largest company run by a woman
General Motors Reportedly Naming First Female CEO
Mary Barra is taking over for Daniel Akerson
Automakers Don’t Have Enough Cars to Keep Up with Buyers
Car dealerships sold a ton of new vehicles last month, but they could have moved even more—if only they had more cars on hand to sell.
7-Eleven, Home of the Big Gulp — and Multimillion Dollar Venture Capital Investments
Consumers tend to associate 7-Eleven mainly with Slurpees, Big Gulps, and hot dogs left under the heat lamp too long. So what is the real world’s Kwik-E-Mart doing by jumping into the sophisticated world of venture capitalism?
The Great Debate: Do Millennials Really Want Cars, or Not?
Why are young people less likely to purchase cars, or even have driver’s licenses nowadays? One theory has it that the generation that came of age with the Internet and smartphones thinks cars are pretty lame. Automakers prefer to see the situation differently — that young people today love cars just as much as any other group, but …
Electric Car Market Gets Another Jolt: $5,000 Price Cut on Chevy Volt
The field of electric cars has been getting more crowded, and more appealing to consumers thanks to aggressive price breaks by automakers eager to woo more drivers to plug in. Amid the heightened competition, one of the electric …
$9,000 Off? Automakers Ramp Up End-of-Year Incentives to Sell Glut of Pickup Trucks
Every year around this time, retailers go into fire sale mode when certain clothes and toys haven’t sold as expected. Automakers basically do the same thing, only with discounts on a much larger scale. Facing an oversupply of 2012 pickups unsold on dealership lots, GM is knocking prices down by as much as $9,000.
Deep Impact: Sandy’s Big Effects on Car Sales Now — and for Months to Come
Floods, falling trees, and the disruption of what’s normally a hot end-of-the-month period for car dealerships will all affect auto sales going forward. So will new Sandy-related incentives from car manufacturers.
Why Brand Loyalty Is Fading Among Car Buyers
In generations past, there were Ford families, and there were Chevy families. Switching allegiances was akin to converting to a new religion, or voting for the Democrats after being raised in a stalwart GOP household. The truth …
Free Fuel! Ultra-Cheap Leases! Automakers Sweeten Deals on Alternative-Energy Cars
What with gasoline prices rising unexpectedly lately, drivers are more likely than usual to consider a vehicle powered by cheaper energy sources. Sensing an opportunity, Honda is now offering the equivalent of three years’ free …
Is It Time to Declare the Nissan Leaf a Flop?
The headline for a recent Detroit News story has it that the “20,000 sales target [is] unlikely” for the Nissan Leaf. But “unlikely” is probably understating things. It appears as if Nissan won’t get halfway to its 20,000-Leaf …