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

Daimler Reports 71% Increase in Q1 Profits

German automaker Daimler AG has reported a 71 percent increase operating profit for the first quarter due largely to higher sales in China. Sales of the company’s S-class sedan have risen sharply in recent months.

Posted in In the News

Mercedes, Toyota Halt Production in Alabama as Tornado Cleanup Continues

The violent storms that moved through much of the Deep South on Wednesday have brought production to a halt at Toyota and Mercedes-Benz plants in Alabama.

Posted in In the News

Jeep Looks to New Models to Boost European Sales

Over the next few years, Chrysler’s Jeep brand is looking to increase its European sales to 125,000 units according to Jeep’s CEO, Mike Manley.

Posted in In the News

GM, Chrysler Fare Poorly in Forbes’ List of Worst Cars on the Road

Despite dramatic improvements in reliability and value, Chrysler and General Motors models accounted for all but three of the vehicles on Forbes.com’s latest list of the Worst Cars on the Road which was published on April 18. Ford Motor Company had no vehicles on the list.

Posted in In the News

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