Rising gas prices are seen by some as an ill-timed threat to U.S. automakers just as the industry appears to have recovered from the recession. Shortly after U.S. automakers reported double-digit sales gains for February, gas prices rose 22 percent higher than the same time a year before. But analysts suggest that the U.S. auto Read on! →


Chrysler Group reported that its net profits have quadrupled in the first quarter of 2012, compared with the first quarter of 2011, for a total of $473 million. It was the company’s largest quarterly profit in 13 years. It is another strong indication that the post-bailout automotive industry is heartily rebounding. Steepest gain of any Read on! →