by Joseph Szczesny | Dec 2, 2010
General Motors Company has contributed $4 billion to its long-underfunded hourly and salaried pension plans in the United States. Chris Liddell, GM vice chairman and chief financial officer, said $2.7 billion was contributed to the hourly plan and another $1.3 billion...
by Paul A. Eisenstein | Dec 2, 2010
Federal regulators will push back by nearly a year proposed fuel economy standards that could eventually require automakers to deliver as much as 62 miles per gallon on a fleet-wide basis. The ongoing debate over the proposals has only been heating up now that any...
by Paul A. Eisenstein | Dec 2, 2010
After shaking up its global PR line-up, Nissan is now realigning communications activities in the U.S., with 39-year-old David Reuter being named the new vice president of communications. Reuter, who joined the Japanese maker earlier this year, will manage a PR...
by Paul A. Eisenstein | Dec 2, 2010
About this time of year, as the sun starts to vanish earlier and earlier and the snows begin to fall, you might understand why the teaser we received from RinSpeed, the quirky Swiss design house, generated so much interest. A familiar name to anyone who has attended...
by Bryan Laviolette | Dec 2, 2010
A friend from long ago once said that he would always own two-doors. This was long before the days of children, or even taking business associates to lunch, but one has to wonder, did he ever succumb to the convenience of those extra doors? Cadillac CTS buyers are now...
by Joseph Szczesny | Dec 2, 2010
Subaru set an annual all-time sales record last month as the industry-wide sales rate surpassed the 12 million unit level during November. But the Japanese automaker isn’t the only celebrating what was the best month for the auto industry since the short-lived,...
by Paul A. Eisenstein | Dec 1, 2010
It was a good month for the U.S. auto industry – most of the industry, anyway, but despite a mighty push to overcome its ongoing safety problems, Toyota bucked the market trend by posting a 3.2% sales decline for November. Adjusted to a daily sales basis, the...
by Paul A. Eisenstein | Dec 1, 2010
While Audi is still struggling to catch up with its key competitors in the U.S. market, it has become very much a top tier player in most of the rest of the world, even outselling the likes of BMW and Mercedes-Benz in key regions, including parts of Europe. Give a...
by Joseph Szczesny | Dec 1, 2010
Chrysler is backing up CEO Sergio Marchionne’s sweeping plans for overhauling the company’s product line-up with an infusion of new employees. The automaker confirms it has hired nearly 1,000 employees at its Technical Center in Auburn Hills, Michigan according...
by Paul A. Eisenstein | Dec 1, 2010
While industry bean-counters are still tallying up the reports flooding in from their U.S. dealers, initial indications are that November was another good month for the U.S. auto industry – but still nowhere near the sort of turnaround that carmakers domestic and...
by Paul A. Eisenstein | Dec 1, 2010
Long-time fans of Chrysler’s quirky supercar, the Dodge Viper, have gotten an early Christmas present, though they’ll have to wait a few years to unwrap it. As part of its restructuring, the automaker wrapped up production of the Viper earlier this year, (Click Here...
