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"Obviously, March was a very good month," says a beaming Don Esmond, Toyota Motor Sales senior vice president, noting that the Japanese automaker, which has been hurt by controversy and car recalls owing to unintended acceleration, increased sales 41% in March. Toyota also gained market share through what Edmunds.com described...
Chrysler lagged behind, with sales dropping 8%. Yet Fred Diaz, the executive in charge of Chrysler sales, says Jeep vehicles sold briskly and sales of minivans and trucks were steady. (See the most important cars of all time.)
Industry analysts see the current gains as more than a flash in the pan. "We think there is a steady recovery under way. We expect it to continue," says Scott Painter, CEO of TrueCar.com, an online car-buying guide. That bullish view is supported by a new round of positive...
A longer-term worry is that the Great Recession seems to have put a crimp in Americans' long-standing love affair with the automobile. R. L. Polk & Co., of Southfield, Mich., reported this week that the number of cars and light trucks scrapped in the 15 months from July 1...
See the 50 worst cars of all time.