Hyundai Motor posted a record operating profit for its fourth quarter. Its small cars have proven to be popular with recession-weary buyers and, with Toyota facing an image crisis, the South Korean automaker looks to maintain the momentum it has over its rivals for the year.
“Hyundai still has a lot of momentum, particularly compared with [Read More]

In the heap of Toyota’s recalls, Ford announced today that it earned a $2.7 billion profit for 2009, its first profit in four years. The announcement is made more significant because it came in one of the worst years in the history of the automotive industry.
“While we still face significant business environment challenges [Read More]

Ford Motor Co. – including Ford, Lincoln, Mercury and Volvo brands – is quickly turning itself into a success story, announcing good news after good news ever since both Chrysler and GM filed for (and emerged from) bankruptcy. The good news continue – FoMoCo announced a sales increase of 2.4 percent for July 2009 over [Read More]

Out of the Big 3, Chrysler Group LLC – Jeep, Dodge and Chrysler – seems to have suffered the most performance-wise since the financial crisis. The American automaker reported a sales drop of 9 percent for July 2009. A sales drop is never good, but the group was one of the best performers for the [Read More]

Honda had pristine sales record before the global recession, but the automaker announced a U.S. sales drop of 17 percent this month compared to July 2008. It sold a total of 114,690 vehicles as opposed to the 138,744 units sold July last year.
Honda Civic sales were up by 3.1 percent to 30,037, [Read More]