NHTSA Launches New Probe of Volkswagen Passat over Potential Ignition Coil Defects

For the second time in three years, federal regulators have launched an investigation of model years 2002 and 2003 Volkswagen Passats over complaints about ignition coil failures that have resulted in fires in the vehicles’ engine compartments.

Posted in In the News

Domestic Franchises Attracting Big Dealers

Auto industry giants like Roger Penske are taking a look at the domestics these days; Penske usually invests in luxury and import dealerships, but lately he’s taken a liking to the domestics available now.

Posted in In the News

Chrysler Plant Efficiency Benefits from Fiat Production Model

Even though Chrysler Group remodeled its production system after Fiat only one year ago, the change has already made a major difference in its plants’ efficiency.

Posted in In the News

Best Resale Value Sports Cars

Last week, Road & Track published a special feature that lists the top sports cars in terms of resale value. It included some obvious choices as well as one that might surprise you.

Posted in In the News

Fiat May Consider Non-Chrysler Dealers to Sell the New 500 Minicar

Fiat-Chrysler CEO Sergio Marchionne says some non-Chrysler dealerships may be given franchises to sell Fiat vehicles in the U.S.

Posted in In the News

Porsche to Enter Hybrid Market with $650,000 918 Spyder

The supervisory board of Porsche AG has signed off on production of a new hybrid version of the 918 Spyder.

Posted in In the News

Nissan Leaf will Match Chevrolet Volts Battery Warranty

Earlier this month, GM announced that the lithium-ion battery pack that delivers electric power to the Chevrolet Volt will come with an eight-year / 100,000-mile warranty. Now Nissan has announced that it will give Leaf owners a matching, eight-year / 100,000-mile battery warranty.

Posted in In the News

Chrysler Files Suit Against Dealers Who Object to Terms of Reinstatement

In an effort to gain legal support for letters of intent it gave to dealers who were reinstated through the arbitration process, Chrysler Group has brought suit against seven Detroit area dealers who have called the terms of the letters of intent unfair and onerous.

Posted in In the News

Is Tesla Motors “Ready for Prime Time”?

On June 29, electric car maker Tesla Motors Incorporated raised $226.1 million through the first IPO by a U.S. automaker since 1956. Investors were apparently not intimidated by the uncertainties that lay ahead for the Silicon Valley startup, whose 256-page prospectus includes a 41-page discussion of the risks.

Posted in In the News

Dodge Looking to Reposition Itself with Refreshes and New Models

Now that the Ram truck line has been spun into its own distinct division, Chrysler plans to reposition its Dodge brand. While the Ram brand will retain its iconic ram’s head logo, Dodge’s logo will get a facelift.

Posted in In the News

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