Auto

J.D. Power reports that average vehicle dependability was better than any year since the study began in 1989.

The study looks at problems reported for three-year-old vehicles.  So, the 2013 study looks at vehicles purchased in 2010.

On average, there were 126 problems reported for every 100 vehicles - or, put another way, not much more than one problem per vehicle.

Lexus once again led the pack, improving from 86 problems per 100 last year, to 71 this year.

Porsche followed with 94, and Lincoln was third best, with 112.

Ford Motor Company set an all-time record for hybrid sales in December, selling nearly 8,000.  About half were C-Max sales, and about half, the hybrid version of the Fusion.

The company also beat its previous January record for hybrid sales by more than 500%.

Granted, the total number of hybrid sales for the company isn't much compared to its higher-volume sellers.  Ford sold more than 19,000 non-hybrid Fusions in January, dwarfing the hybrid Fusion sales of 3,043.

General Motors reported today it sold more than 300,000 vehicles in the month of January, 2013 - it's best month in China ever.

From a GM press release:

General Motors and its joint ventures sold more than 300,000 vehicles in a single month for the first time ever in China last month. January sales totaled 310,765 units, an increase of 26.0 percent from the same month in 2012 and 15.9 percent above the previous all-time monthly high of 268,035 units in January 2011.

Domestic sales by Shanghai GM and SAIC-GM-Wuling, and their Buick, Chevrolet and Wuling brands all set new single-month records as well in January.

The company wholly owns two foreign enterprises in China, and has 12 joint ventures.

It employs more than 55,000 people in China.

Many of the claims for better fuel economy from new turbo-charged engines are more hype than reality, according to tests by Consumer Reports, the independent consumer advocacy group.

The agency tested a number of vehicles that offer regular four or eight cylinder engines, and compared them to the turbo-charged version.  Turbo-charging is a technology that gets more power from a smaller engine with direct injection of extra spurts of air and fuel.

DETROIT (AP) -Last year's momentum in U.S. auto sales is continuing into this year.

Ford, Chrysler and GM are all reporting double-digit gains for January.

Sales at Ford rose 22 percent compared with a year earlier. GM and Chrysler each reported 16 percent gains.

Ford's sales rose on strong sales of pickup trucks and new vehicles.

General Motors is expanding its Global Powertrain Engineering Headquarters in Pontiac, and consolidating some major research and development operations there.

The company says investing $200 million in a new test wing there will allow them to bring work that’s being done all over the country under one roof, and move faster in developing next-generation powertrain technologies.

Chrysler has gone from being the automaker nobody wanted, to the goose that lays the golden egg for its majority owner, Fiat.

While Chrysler made $1.7 billion in 2012, Fiat lost $1.4 billion, as the fiscal crisis in Europe deepened, creating a new bottom for car sales that even the most pessimistic analysts didn't see foresee.

But while Chrysler is making money, and Fiat is losing it, the two companies' CEO, Sergio Marchionne, reiterated in an analyst and media conference call that he has no intention of stripping cash from Chrysler to help Fiat.