by Paul A. Eisenstein | Jan 25, 2010
While General Motors plans emphasize hybrids, plug-ins and so-called extended-range electrics, like the Chevrolet Volt, the automaker is quietly at work developing some pure battery-electric models that could hit the road in the next few years, officials have...
by Ken Zino | Jan 25, 2010
Since 2001, a growing number of jury awards have illustrated that businesses could be forced to pay the price for employees’ distracted driving, according to risk prevention specialists at Zurich Services Corporation, a leading property and casualty insurance...
by Ken Zino | Jan 25, 2010
At a news conference in Detroit late this morning, GM chairman and acting CEO Ed Whitacre, Jr., said that he has agreed to take the CEO job for an indefinite period following a request by last week by the U.S. government-packed board of directors. The announcement...
by Ken Zino | Jan 25, 2010
Chevrolet announced this morning that the Washington D.C. area will be an initial launch market for the Chevrolet Volt electric vehicle. The nation’s political capital and its suburbs join California and Michigan as the initial retail markets where Chevrolet will sell...
by Paul A. Eisenstein | Jan 25, 2010
It looks like “Big Ed” Whitacre could be around a little longer than he originally anticipated – and in a role neither he nor General Motors had originally planned on. Well-placed sources echo wire reports that Edward Whitacre, Jr. will be formally named the permanent...
by Ken Zino | Jan 22, 2010
Volvo’s plan to offer a plug in hybrid vehicle (PHEV) on one of its larger car lines by 2012 is just the beginning of an ambitious program to spread the technology to its entire lineup by the end of the decade – if not sooner – according to insiders...
by Paul A. Eisenstein | Jan 22, 2010
After being hammered for most of the year, the auto industry got some reasonable good news with the December 2009 sales numbers, an upturn sizable enough to make “cautiously optimistic” the operating mantra among the industry leaders who assembled at this month’s...
by Ken Zino | Jan 22, 2010
Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis area headquarters in order to meet anticipated demand for batteries used in automotive and other industrial applications. The news follows a decision...
by Mike Davis | Jan 22, 2010
The world is racing to deliver aid to devastated Haiti, but getting it onto the stricken island has been a problem. Bottlenecks have made it difficult to deliver freight by either air or sea and aid groups, including the U.S. military, are desperately looking for...
by Joseph Szczesny | Jan 22, 2010
Penske Automotive Group, Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed secondary offering of up to 5.75 million shares of its common stock. In a press release, the company said PAG’s principle shareholder and...
by Paul A. Eisenstein | Jan 21, 2010
Already in the midst of recalling 4.2 million vehicles for a “floor mat entrapment” issue, Toyota will call back yet another 2.3 million cars, trucks and crossover vehicles to repair sticking accelerator pedals. The majority of the products impacted by the latest...
by Paul A. Eisenstein | Jan 21, 2010
Americans like to talk a fast game, but while we may like to believe we’re always pushing the limits, a new study suggests most drivers stick closer to the speed laws than we might think. While motorists do run up average speeds over the posted limits in a few states,...
