by Paul A. Eisenstein | Apr 7, 2010
Daimler AG and the Renault-Nissan Alliance have signed a broad agreement on strategic cooperation that they claim will enable the two groups to collectively save nearly $3 billion, over the next five years, while helping all three makers to expand their global...
by Paul A. Eisenstein | Apr 6, 2010
The names read like a Who’s-Who of the art world: Calder, Stella, Warhol, Lichtenstein. Now add Jeff Koons, the avant garde artist who has become the latest in a long line of artists to apply his hand to one of BMW’s rolling canvas, the Art Car. The artist will...
by Ken Zino | Apr 6, 2010
SGL Group and BMW Group today announced today that their joint venture, SGL Automotive Carbon Fibers LLC, would build a carbon fiber manufacturing plant in Moses Lake, Washington. During the initial phase, $100 million will be invested and 80 local jobs will be...
by Paul A. Eisenstein | Apr 6, 2010
During a Wednesday news conference in Brussels, Belgium, German automaker Daimler AG is expected to announce the formation of a new partnership with the Euro-Japanese Renault-Nissan Alliance. The makers reportedly will work on a variety of products, including a...
by Paul A. Eisenstein | Apr 6, 2010
Good things, it’s said come to those who wait. Seven years, it turned out, for Chevrolet to bring back the Camaro, now one of the hottest cars on the market. But for those who’ve been longing to see Chevy’s pony car pace the annual Indianapolis 500, the wait has...
by Joseph Szczesny | Apr 6, 2010
Stronger sales have prompted General Motors Company to push forward plans to boost production. (See General Motor’s March Sales up 21%) The latest signal came this week when GM announced plans to add 100 workers at a transmission plant in Warren, Michigan,...
by Paul A. Eisenstein | Apr 5, 2010
Toyota could face the largest civil penalty ever assessed against an automaker because it “knowingly hid a dangerous defect,” the nation’s top safety overseer, Transportation Secretary Ray LaHood, charged. The maker may be required to pay a fine of $16.4...
by Ken Zino | Apr 5, 2010
U.S. Transportation Secretary Ray LaHood today announced that the National Highway Traffic Safety Administration (NHTSA) is seeking the maximum civil penalty of $16.375 million against Toyota Motor Corporation for failing to notify the auto safety agency of what turns...
by Paul A. Eisenstein | Apr 5, 2010
You hear a lot about downsizing, these days, what with the steadily increasing interest in fuel economy, but few makers have done more to shave inches and pounds than Mitsubishi has with the new Outlander Sport, which is making its public debut, this week, at the 2010...
by Henny Hemmes | Apr 5, 2010
Never change a winning team. It’s sound advice that BMW clearly kept in mind as it pulled together the 2011 facelift of the 3 Series Coupe and Convertible. The new update of the Bavarian success formula give these models a sportier presence, though the changes are...
by Ken Zino | Apr 5, 2010
What manufacturing engineers call the validation phase of the assembly line process for the Chevrolet Volt passed a milestone last week when the first pre-production Volt rolled off the line. Assembly workers at the Detroit Hamtramck Assembly Plant, will build more...
by Ken Zino | Apr 5, 2010
General Motors announced today that it would expand use of “enhanced smart pedal” technology to all passenger cars with automatic transmissions and electronic throttle control. Commonly called brake override, the change involves modifying existing electronic controls...