Democratic Senate Finance Chairman Raises Concerns about Obama’s EV Rebate Proposal

The Obama administration’s proposal to offer electric vehicle buyers a $7,500 rebate when they make their purchases is drawing criticism from a leading Senate Democrat.

Posted in In the News

Delphi CEO — Lack of Federal Energy Policy Harming EV Developers

The federal government’s failure to make electric vehicles a top priority is making it harder for automakers according to Delphi Automotive CEO Rodney O’Neal.

Posted in In the News

Ford Motor Company Agrees to Expand F-150 Recall

Ford Motor Company has announced that it is expanding its recall of F-150 pickup trucks. The recall will now include nearly 1.2 million 2004 to 2006 model-year F-150s as well as some Lincoln Mark LT vehicles.

Posted in In the News

Audi to Unveil New Q3 at Shanghai Motor Show

In preparation for next week’s Shanghai motor show, Audi has released the first official photos of its updated 2013 Q3 compact SUV.

Posted in In the News

General Motors Still Assessing Viability of Japanese Suppliers

Although General Motors Company has been re-sourcing parts affected by manufacturing and transportation in Japan, there are still concerns according to the company’s CFO Dan Ammann.

Posted in In the News

2012 Subaru Impreza Delivers Higher Fuel-Economy, More Stylish Looks

With oil prices surging higher, Subaru’s timing for the launch of its redesigned 2012 Impreza couldn’t be better. The Impreza is Subaru’s smallest U.S. offering, and according to a company press release, the roomier, more stylish 2012 model gets an estimated 36 mpg on the highway.

Posted in In the News

New Vehicle Sales Remained Strong in March, Despite Turmoil Overseas

Last month’s devastating earthquake and tsunami in Japan combined with continued unrest in the Middle East and higher oil prices had most analysts predicting a downturn in light vehicle sales, but U.S. consumers appeared to be unfazed as sales rose 17 percent compared with March of 2010.

Posted in In the News

Saab in Negotiations with Suppliers over Payment Disputes

On Wednesday, Spyker Cars N.V. announced that finances for its Saab division are “sufficient”. The announcement followed a brief production shutdown as Saab negotiated payment schedules with suppliers and last week’s sudden and unexpected retirement of the company’s long-time CEO, Jan Ake Jonsson.

Posted in In the News

Hyundai to Eliminate Job-Loss Protection from Popular Assurance Program

Hyundai Motor Company has announced that it will eliminate the job-loss protection provision from the Hyundai Assurance program. The job-loss provision assures buyers that they can return their new vehicle purchases and be released from their purchase contract if they become unemployed.

Posted in In the News

Production Still Down as Japanese Automakers Struggle to Recover

According to one industry official, vehicle sales in the eastern part of Japan may have plummeted as much as 40% in the wake of the March 11 earthquake and tsunami.

Posted in In the News

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