by Ken Zino | Aug 27, 2009
In a letter sent today to Members of Congress, Chrysler Group LLC announced that the company would accept product liability claims on vehicles manufactured by Chrysler LLC (now OldCarco LLC under the bankruptcy) before June 10, 2009, and involved in accidents on or...
by Joseph Szczesny | Aug 27, 2009
Toyota Motor Corporation’s board of directors has decided to close the New United Motor Manufacturing Inc. plant in Fremont, California despite some last minute pleas by political figures in California. The plant is now scheduled to close in March, according to...
by Ken Zino | Aug 27, 2009
Auto dealers and restaurants have been getting together for years now as automalls have grown in size to include various types of retailers, including fast food outlets and restaurants that are more formal. Larger stand-alone dealerships include a canteen of sorts...
by Ken Zino | Aug 27, 2009
Two Ford truck plants are in the process of slightly upping their production for the balance of the year. The increases were previously announced by Ford as preliminary results from the now ended “Cash for Clunkers” federal rebate program showed sales gains. The...
by Mike Levine | Aug 27, 2009
It’s been more than two years since we first heard Mahindra was bringing small diesel pickups to the U.S. During that time we’ve covered a steady stream of news about the Indian company and its American distributor Global Vehicles U.S.A., but we’ve most wanted to...
by Paul A. Eisenstein | Aug 27, 2009
The struggling Norwegian electric vehicle manufacturer, Think, is back in business, with the approval of a Norwegian court allowing it to exit bankruptcy production and resume production of its pint-sized TH!NK City battery car. While the company continues to look for...
by Paul A. Eisenstein | Aug 26, 2009
Chrysler and Nissan have decided to part ways, scrapping three joint-vehicle programs originally intended to fill yawning gaps in their respective line-ups. “For the past several months, teams from both companies have been studying the viability of the projects...
by Ken Zino | Aug 26, 2009
The big multi-billion dollar bet that Toyota made on full-size trucks in the U.S. market that resulted in big losses continues to unravel. In the latest reversal, Toyota Motor Corporation (TMC) is spending another $147 million to install four-cylinder engine tooling...
by Ken Zino | Aug 26, 2009
The CARS program, aka Cash for Clunkers, ended last night as almost 700,000 vehicles were removed from U.S. roads at a cost to taxpayers of $2.9 billion dollars based on an analysis of submissions by the 8 p.m. deadline. “American consumers and workers were the...
by Paul A. Eisenstein | Aug 26, 2009
The frosty split between former partners Daimler and Chrysler just got a lot colder, with the U.S. maker suing the German firm over its decision to stop supplying parts needed for some of Chrysler’s 2010 models. This is the second time this month the two former...
by Paul A. Eisenstein | Aug 25, 2009
The good news threatened to turn bad, Tuesday. Driven by improving consumer confidence and a small but measurable improvement in the devastated U.S. housing market, stocks resumed their upward path, with the Dow Jones Industrial average closing the day at 9539. That...
by Joseph Szczesny | Aug 25, 2009
California state legislators in Sacramento are planning to introduce a resolution calling on Toyota to keep open the New United Motor Manufacturing Inc. plant in Fremont. The legislation is being marked as a legislative priority and supporters are hoping to have it...
