Toyota Pays $10 Million In Runaway Lexus Case

Toyota Pays $10 Million In Runaway Lexus Case

That incident led to the first of the maker’s big recalls for so-called sudden acceleration which, in turn, has led to hundreds of lawsuits and a series of record fines for the humbled Japanese automaker. The August 2009 accident apparently occurred when the floor mat...
Hyundai Hits The 200,000 Mark With Sonata

Hyundai Hits The 200,000 Mark With Sonata

Sales of the Hyundai Sonata have topped 200,000 units, so far this year, making it one of the auto industry’s top success stories of 2010 — and a key factor as the South Korean automaker heads to an all-time sales record. Hyundai will sell more than 530,000...
First Look: 2012 Mercedes-Benz C-Class

First Look: 2012 Mercedes-Benz C-Class

Beauty should be more than skin deep.  So, while most makers will be pointing to the all-new sheet metal they’ve got on display at the upcoming Detroit Auto Show, expect Mercedes-Benz to be pointing out what’s underneath when it comes time to preview the new 2012...
Are You Ready To Pay By The Mile?

Are You Ready To Pay By The Mile?

If anything will help sell Americans on the wave of new electric vehicles just coming to market it’s the idea of skipping the gas pumps.  Makers like Nissan – which is just rolling its new Leaf battery car into showrooms – are quick to point out that you’ll pay barely...
Cadillac Developing SRX Plug-In Hybrid

Cadillac Developing SRX Plug-In Hybrid

General Motors’ new Chevrolet Volt plug-in hybrid could soon get a little brother, this time wearing a Cadillac badge.  Make that a big brother, as the maker will likely add a battery-based version of Caddy’s SRX crossover. Several GM sources tell TheDetroitBureau.com...
Belinda Stronach Bails Out Of Magna

Belinda Stronach Bails Out Of Magna

One of the most powerful women in the Canadian auto industry has tendered her resignation leaving observers guessing whatcaused Belinda Stronach to leave Magna International – and where she might show up next. The daughter of Magna founder Frank Stronach, she will...
First Look: Mini Paceman

First Look: Mini Paceman

Few automakers have maintained a more aggressive pace, in recent years, than Mini, which has been rapidly rolling out an assortment of new products, such as the new Countryman crossover.  Now, it seems, that pace will quicken still more with the British marque...
Americans Curbing Thirst For Gasoline

Americans Curbing Thirst For Gasoline

There was a time when there seemed to be a gas station on every corner in America, and lines waiting to fill up.  But after hitting its peak in 2006, the U.S. thirst for gasoline may have finally hit its peak and is showing signs of what could be a long decline. As...
Chrysler Lifts Covers On 300 Sedan Exterior

Chrysler Lifts Covers On 300 Sedan Exterior

Was it worth the wait?  Chrysler is finally giving us a full glimpse of the next-generation 300 sedan – after offering up only a tempting tease earlier in the month. The images here reveal a retro-futuristic design that picks up where the outgoing sedan left off. ...
Cerberus Sells Chrysler Financial To TD Bank

Cerberus Sells Chrysler Financial To TD Bank

The TD Bank Group of Toronto has acquired Chrysler Financial from Cerberus Capital Management of New York City for $6.3 billion in cash. The deal apparently reduces Cerberus losses on its ill-timed acquisition of Chrysler from Daimler AG back in 2007.  Cerberus paid...