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Volvo Cars will be slashing 13% of its workforce because of lack in global demand for their safe, but relatively fuel inefficient cars. 2,000 of the jobs would be blue collar jobs in Sweden.
The automaker has been hit hard by the downturn of global …

Whether it be soaring gas prices or the inability to get a car loan, auto dealers are hurting for business. Even Toyota is cutting their expectations and giving financing offers on models like the Corolla, one of the most fuel efficient non-hybrids currently on …

For the 14th year in a row Lexus has topped the JD Power dependability study for automobiles. The study measures problems experienced by the original owners of the autos after three years. Lexus had 120 problems per 100 vehicles, which is down from …