Q&A: Volvo CEO Doug Speck

Q&A: Volvo CEO Doug Speck

There are few things more unsettling than uncertainty, but for the last year that was a way of life for the folks at Volvo Cars as they waited to see whether Ford Motor Co. would sell the Swedish brand and, if so, who would buy the company.  The answer came,...
Recalled! Toyota Land Cruiser and Lexus GX 460

Recalled! Toyota Land Cruiser and Lexus GX 460

Toyota Motor Sales (TMS), U.S.A. today announced it would conduct a voluntary safety recall on approximately 9,400 2010-model year Lexus GX 460 sport utility vehicles in order to reprogram the software of the so-called Vehicle Stability Control (VSC) system....
GM Expected to Pay Off U.S. Loans on Wednesday

GM Expected to Pay Off U.S. Loans on Wednesday

We’ve become an angry nation, and whether it’s health care, gun control, Sarah Palin or Tea Parties, there’s something for everyone to get worked up about.  Like General Motors, which seems to cross the political spectrum when it comes to those angered by the tens of...
Daimler Back in the Black for First Quarter

Daimler Back in the Black for First Quarter

Daimler AG appears to be on its way to making good on CEO Dieter Zetsche’s promise to turn around the company’s fortunes this year – good news for the executive himself considering the sometimes harsh criticism he faced at the company’s annual meeting. Preliminary...
Honda Stops Sale of New Acura ZDX

Honda Stops Sale of New Acura ZDX

American Honda Motor Company is alerting owners of new 2010 Acura ZDX models to bring the large crossover vehicle into a dealership for an instrument panel inspection. The unspecified supplier of the dashboard has told Honda that a laser-cut scoring on the underside...
Limbaugh Carrier Airs GM Loan Repayment Ad

Limbaugh Carrier Airs GM Loan Repayment Ad

A New York radio station airing the Rush Limbaugh show this morning aired a commercial from General Motors Company announcing that it had made another payment to the U.S. government for taxpayer loans, which allowed it to emerge from bankruptcy last summer. Limbaugh...
Chevy Teases With Shots of 2012 Camaro Convertible

Chevy Teases With Shots of 2012 Camaro Convertible

“Anything look different about this shot?” asks the General Motors page on Facebook.  It took only a microsecond to recognize this was the first more-or-less official pic of the much-delayed 2012 Chevrolet Camaro Convertible. Though company officials say there may be...
Marchionne to Outline Chrysler Plans

Marchionne to Outline Chrysler Plans

These days, more and more folks talk about the “Big Two,” General Motors and Chrysler, underscoring the growing sense of skepticism about Chrysler’s long-term viability. But that’s one of the key issues that will be addressed – though not necessarily reversed – at a...
More Challenges For Daimler’s Zetsche

More Challenges For Daimler’s Zetsche

The Daimler AG annual meetings have a long history of dragging on as shareholders use the forum to voice opinions about the failings of company’s management — and the 2010 meeting was no exception.  But the key question, this year, is one that could come to...

Toyota to Pay $16 Million NHTSA Fine

Toyota Motor Corporation has agreed to pay a $16.375 million fine – the largest fine permitted by law – for failing to notify the National Highway Traffic Safety Administration (NHTSA) of a dangerous pedal defect for almost four months. Under U.S. law, a company has...
Japanese Decide to Recall Toyota Sienna Minivans

Japanese Decide to Recall Toyota Sienna Minivans

  Japanese executives have allowed Toyota Motor Sales (TMS), U.S.A. to announce late this afternoon that it can recall approximately 600,000 first and second generation Sienna 2WD minivans sold in the United States to address “potential corrosion in the spare tire...