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Latest Automotive News

This section of Torque News provides the latest auto news and updates from the car manufacturers. Every day number of news stories and editorials are published here that give our readers an overview of what is happening in the automotive industry. Read this section daily to find out about new cars, vehicle reviews and car pictures. Torque News is an automotive news website by Hareyan Publishing, LLC, dedicated to covering the latest news, reviews and opinions about the car industry.
nissan hq
By Jeffrey Zygmont Jan 6 2011 - 8:36am

Nissan gains most in 2010 U.S. sales

Among the big-three Japan-based auto companies in the United States, Nissan was the biggest winner by far in 2010. Sure, both Honda and Toyota sold more vehicles than Nissan. So both remain larger retailers. But Nissan grew at a much faster pace in 2010. In fact, while Honda and, especially, Toyota struggled to keep up with the recovering pace of U.S. auto sales, and while both lost market share, Nissan performed better than the market at large, and gained share.
elect ave naias
By Frank Sherosky Jan 5 2011 - 7:54pm

Renault senior managers breach character with leak of EV secrets

Automakers have strict ethics guidelines to keep product news secret these days. After all, with all the tech gadgets available today, you have to literally go out of your way not to communicate. So, it’s easy to understand how Renault could have its electric vehicle plans compromised, especially when it’s an alleged inside job.
Lexus HS
By Jeffrey Zygmont Jan 5 2011 - 4:17pm

Lexus remains leading American luxury-car brand

Lexus grew at a slower rate than the rest of the recovering U.S. auto industry, but at the end of 2010 it still retained its title as the most popular luxury-vehicle brand in America. But with a growth rate of barely over six percent for the year, Lexus faces a danger of being dethroned by Mercedes-Benz and BMW, which ended 2010 with strong momentum and growth rates much higher than the Lexus level.
By Frank Sherosky Jan 5 2011 - 1:32pm

GM stock posting higher highs since IPO

Ask any investor who believes in technical analysis. Stocks that breakout to the upside or to the downside need to be accompanied by high volume. GM has yet to exceed any of the post-IPO high volume days, even on the breakout of December 30. At best, the GM stock price on Jan. 3 made a new high, with volume of 32 million shares registering #4 on the volume hit parade.

Toyota
By Jeffrey Zygmont Jan 5 2011 - 12:29pm

Toyota slips to third place place behind Ford

A year that started badly for Toyota also ended badly. In December 2010, sales of Toyota brand vehicles dropped 5.9 percent from the same month in 2009. The decline put Toyota's total, 12-month vehicle sales for 2010 nearly a half percent lower than 2009 sales – a dismal performance for a major brand in a year in which total U.S. vehicle sales rose 11 percent. Toyota's overall rank among U.S. car companies slipped to third place in 2010, dropping below Ford for the first time in four years.
By Patrick Rall Jan 4 2011 - 10:02pm

Chrysler leads the Big 3 in December 2010 sales thanks to Ram, Jeep

December 2010 sales numbers from around the industry are in and although the Dodge and Chrysler brands saw a decline in sales compared to December 2009, the Ram and Jeep brands had big months – helping to make the Chrysler Group to be the strongest of the Detroit automakers in terms of monthly growth.
By Frank Sherosky Jan 4 2011 - 12:52pm

TRW stock still showing bullish trend bias

According to the TRW news release, the presentation, which will be simultaneously webcast, is scheduled to begin at 10:15 a.m. (Eastern Time), and is expected to run for approximately forty minutes.

During the presentation, TRW's president and chief executive officer, John C. Plant, and executive vice president and chief financial officer, Joseph S. Cantie, will provide a general business overview and discuss other related matters, followed by a brief question and answer period.

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