Labor Strike Causes Production Stoppage for Hyundai-Kia, Concerns for GM, Renault

A labor strike has brought production to a halt for Kia Motor Company and its affiliate Hyundai Motor Company. On Sunday, the automakers announced that labor disputes at a supplier’s facilities had led to parts shortages for some SUV models.

Posted in In the News

GM Offering Tire Inflator Kits Instead of Spare Tires on Some Models

In order to meet consumer demand for more fuel-efficient vehicles General Motors Company has replaced the spare tires in some of its models with electric tire inflator kits.

Posted in In the News

Nissan Expected to Pay $1.6 Million for Marketing Error

Nissan Motor Company is sending apology letters and checks to about 4,000 U.S. consumers who recently purchased its all-wheel-drive Juke crossover.

Posted in In the News

U.S. Treasury Could Sell Remaining Stake in GM as Early as August

The U.S. Treasury is expected to sell a large percentage of stock in General Motors after the lock-up period expires on May 22. The lockup period has prohibited major shareholders from selling their shares since the launch of the automaker’s $23.1 billion IPO six months ago. The Treasury currently holds a 32 percent stake in GM.

Posted in In the News

Could Japanese Automakers’ Troubles Mean the “Renaissance” of Detroit’s Big 3?

What a difference two years have made for the automotive industry. In 2009, Toyota was the undisputed leader in global sales and perceived value of its products. Meanwhile, General Motors Company, Chrysler Group LLC and Ford Motor Company were hanging on by a thread.

Posted in In the News

Former Executives Sue GM for Retirement Benefits Lost During 2009 Bankruptcy Reorganization

On Monday, attorneys representing more than 100 former GM executives filed a suit against the automaker in an effort to recover pension benefits they lost as the company underwent restructuring bankruptcy in 2009.

Posted in In the News

Chrysler Expands its 300 Model Lineup for 2012

For 2012, Chrysler Group LLC plans to double its 300 line to include six models aimed at what the automaker says are various buyer lifestyles.

Posted in In the News

BMW, Mercedes Poised to Overtake Lexus in U.S. Market

For the first time in over a decade, BMW and Mercedes-Benz may overtake Toyota Motor Corporation’s Lexus brand as the top-selling premium brands in the U.S. market.

Posted in In the News

Smaller Cars Lead to Larger Profits for GM

General Motors Company’s move toward smaller, more fuel-efficient vehicles led to a 27 percent increase in sales last month. Overall, sales of smaller cars like the Chevrolet Cruze are up 50 percent over the last year. Sales of full-sized pickup trucks are up a mere 2 percent for the same period.

Posted in In the News

Appeals Court Rejects Challenge to California Clean Car Program

On Friday, a federal appeals court rejected a challenge to the EPA’s waiver that allowed California and 14 other states to implement their own vehicle emissions standards

Posted in In the News

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