GM to U.S. Government: We Want Our Company Back

Chairman and CEO of General Motors Company, Ed Whitacre, made it clear during a recent conference that his company is more than ready to move forward with its initial public offering, saying the company is thriving now.

Posted in In the News

President Makes Ford the Last Stop in Bailout Victory Tour

President Barack Obama spoke about the bold $60 billion bailout of the U.S. industry at a Ford Motor Company assembly plant in Chicago on Thursday. He’s been making the rounds, visiting General Motors and Chrysler facilities to argue the merits of his administration’s controversial decision.

Posted in In the News

Hyundai Makes Bold Fuel Efficiency Promise

Fifty miles per gallon fleet-wide by 2025 – this is the new commitment made by Hyundai Motor Company this past Wednesday.

Posted in In the News

Consumer Reports Rates the Best Cars for Teen and Senior Drivers

Consumer Reports has compiled its list of top picks for teens and senior drivers. The report appears in Consumer Reports’ September issue and today CR’s Senior Director of Automobile Testing, David Champion, appeared on the CBS Early Show to offer a glimpse of what we can expect.

Posted in In the News

Suzuki Gives Its 2011 Kizashi a Sportier Look

As part of its efforts to boost sales and increase market share, Suzuki Motor Corporation will give its 2011 Kizashi compact sedan a face-lift.

Posted in In the News

BMW Increases Sales, Gaining on Lexus, Mercedes

July brought an increase of 16% in sales for BMW AG’s BMW brand, which means the luxury brand is that much closer to overtaking Toyota Motor Corporation’s Lexus, which gained one percent amid massive recall troubles.

Posted in In the News

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

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