Toyota to Replace Accelerator Pedals in Nearly 4 Million Recalled Vehicles

Last Wednesday, Toyota Motor Corporation announced that it will begin replacing the accelerator pedals on about 4 million recalled vehicles

Posted in In the News

Chrysler Hopes to Boost Fourth Quarter Sales – Announces Additional Incentives

On the heels of October’s disappointing sales, Chrysler Group today announced an aggressive new incentive campaign aimed at salvaging the

Posted in In the News

Ford Appears Close to Finalizing Sale of Volvo to Chinese Automaker, Geely

According to a European-based spokesman for Chinese automaker, Geely Automobile, company representatives are meeting with executives from Ford Motor Company

Posted in In the News

Ron Bloom Says General Motors May Make IPO in Late 2010

According to an administration official, the White House is pushing for an initial public stock offering to reduce the government’s

Posted in In the News

Ford and Union Difficulties

The United Auto Workers union has rejected Ford Motor Company’s proposed contract changes that would have cut their labor costs.

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GAO Raises Questions about Treasury Department’s Ability to Monitor Taxpayer’s Investments in GM and Chrysler

Congress’ General Accounting Office has questioned the Obama administration’s ability to decide when and how to divest the federal government

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GM Plans to Retain Ownership of Opel Division – Rejects Magna / Sberbank Deal

The board of directors of General Motors Company has voted to retain ownership of its Opel division instead of going

Posted in In the News

GM Will Not Extend Volt Brand to Future Hybrid Models

According to Brent Dewar, Chevrolet’s chief of global operations, GM will not brand its upcoming line of rechargeable vehicles in

Posted in In the News

Handful of New Cars Have Sustained Auto Industry During Economic Downturn

Although levels remain well below their 2005 peak, a recent study by CSM Worldwide concludes that new car sales in

Posted in In the News

Infinity Seeks to Improve Air Quality Inside and Out

In addition to improving air quality by lowering or eliminating polluted engine emissions, today’s automakers are working to improve the

Posted in In the News

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