by Ken Zino | Aug 19, 2009
Dongfeng Honda Automobile Co., Ltd. has expanded its capacity by 80,000 units annually with the start of production of the Spirior this week. The joint-venture of Honda in China held an “off-line” ceremony at its automobile production plant in Wuhan, Hubei Province....
by Paul A. Eisenstein | Aug 19, 2009
The Cash-for-Clunkers program has proven an unexpected success, surprising critics and proponents alike. But the program has had some unexpected results, so far, while also achieving some of its original goals, says a new survey by CNW Marketing. It took barely a...
by Paul A. Eisenstein | Aug 18, 2009
Few automakers have gone through the ups-and-downs of Hyundai, the South Korean carmaker long known for its cheap, if not always reliable, automobiles. The automaker has made significant improvements in quality, in recent years, but nonetheless shocked the industry...
by Ken Zino | Aug 18, 2009
It was 105 years ago this week (August 17) that Canadian entrepreneur Gordon McGregor signed an agreement with Henry Ford and invested $125,000 to establish the Ford Motor Company of Canada at the Walkerville Wagon Works in Windsor, Ontario. Under the agreement, the...
by Ken Zino | Aug 18, 2009
In a ringing endorsement of the effectiveness of the “Cash for Clunkers Program” General Motors Company announced this afternoon that it will add 60,000 cars and trucks to its production schedule for the balance of the year. The press conference occurred less...
by Ken Zino | Aug 18, 2009
OnStar has sent its 100,000,000th Vehicle Diagnostics e-mail to a subscriber, noting what it calls “a significant milestone for the service. Vehicle Diagnostics is a technology that connects drivers to their vehicles by sending a snapshot of current vehicle...
by Paul A. Eisenstein | Aug 18, 2009
There’s little doubt that Hyundai is on a mission to rebuild its image. Forget “cheap and cheerful,” the South Korean carmaker’s products are moving steadily up-market, even as the brand’s latest offerings show a distinctive design flair that wouldn’t have been...
by Joseph Szczesny | Aug 18, 2009
Delphi Corporation is now officially scheduled to emerge from bankruptcy by the end of next month, but the company’s future remains uncertain, after a staggering $600 million loss in the second quarter. Delphi said the loss followed large sales volume declines...
by Ken Zino | Aug 18, 2009
In Zurich this morning General Motors announced that it had signed stock purchase agreement for the sale of Saab Automobile AB to the tiny exotic car maker Koenigsegg, which has about 50 employees. The announcement confirmed GM’s earlier statement that it had secured...
by Paul A. Eisenstein | Aug 17, 2009
Among the nations likely to turn out a new supercar, one has to admit The Netherlands isn’t at the top of the list. Mention Holland and you’re more likely to think of tulips, wooden shoes, a little Dutch boy or maybe the hash houses of Amsterdam. But if Victor...
by Paul A. Eisenstein | Aug 17, 2009
Though it will be nearly half a year before the first 2011 Bentley Mulsanne rolls down the assembly line, it’s already been sold. An unnamed buyer at the Gooding Auction placed the winning bid of $500,000, late Sunday, to help wrap up what turned out to be an...
by Ken Zino | Aug 17, 2009
The National Highway Traffic Safety Administration reported this morning that BMW will recall 2009 model Z4 sports cars for a selt belt defect, which in an accident could potentially result in increased injuries. Vehicle manufactured between March 10 and March 19,...
