Hyundai Ranks No. 5 Among Kelley Blue Book's Most-Considered Brands

In July, Korean automaker Hyundai Motor Company ousted Nissan Motor Company from fifth place in Kelley Blue Book’s (KBB) list of most-considered new car brands by U.S. consumers. KBB’s second-quarter Brand Watch report marks the first time Hyundai has placed in the top five.

Posted in In the News

Ford Motor Company to Resurrect Classic Boss Mustang for 2012

Ford Motor Company has announced plans to resurrect its classic Mustang Boss 302 in 2012. The new model will be based on the Mustang GT and Boss models of the late 1960s and early 1970s.

Posted in In the News

New Bureau of Consumer Financial Protection to Simplify Consumer Auto Loan Forms

In a statement issued Thursday, Treasury Department spokesman Matthew Anderson said the newly created U.S. Bureau of Consumer Financial Protection (BCFP) will seek to simplify consumer auto loan forms in the coming months.

Posted in In the News

Saab Lineup to Grow Under Spyker Ownership

Victor Muller, Spyker Cars N.V. founder and Saab Automobile AB chairman, says his plans are to return Saab to profitability by 2012. The model lineup will grow along with the company’s U.S. headquarters in Royal Oak, Michigan.

Posted in In the News

New Honda Civic Now Expected in 2012

Honda will not launch its next-generation Civic until 2010.

Posted in In the News

Whitacre to Step Down as GM’s CEO on September 1

General Motors’ chairman, Ed Whitacre, will step down as the company’s CEO on September 1. Whitacre became the company’s interim CEO on December 1, 2009 when Fritz Henderson was asked to step down

Posted in In the News

General Motors Plans to File IPO Registration as Soon as Tomorrow

With all the pieces finally in place, GM plans to file the registration for its IPO, which could come as early as Thanksgiving. The filing is expected to take place tomorrow or Monday at the latest.

Posted in In the News

Automakers Turn to Silicon Valley to Meet Increasing Demand for Automotive Consumer Electronics

Major automakers are teaming up with Silicon Valley startup companies to help them develop new cars and trucks that satisfy consumers’ increasing appetite for new, innovative technologies.

Posted in In the News

Fleet Sales Bolstering Chrysler and GM Sales

General Motors Company and Chrysler Group have both reported robust sales this year, but internal documents obtained by a major industry publication show that a large percentage of those sales have been to rental fleets.

Posted in In the News

Detroit’s Big 3 Automakers Keep Lid on Production to Drive Higher Profits

After decades of building more vehicles than the market could support, Detroit’s Big 3 automakers are keeping their inventories lean – a little too lean to suit some dealers.

Posted in In the News

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