by Paul A. Eisenstein | Jul 26, 2011
Chrysler reports it lost $370 million for the second quarter of 2011, a sharp setback from its first-quarter profit – but the maker notes it would have been solidly in the black but for the cost of paying off its government loans. With net revenues of $13.7 billion,...
by Paul A. Eisenstein | Jul 25, 2011
Mercedes-Benz isn’t slowing down its product proliferation program. The maker, once limited to a handful of models such as the C, E and S-Class sedans, now has a broad range of sedans, coupes, crossovers and SUVs – and will add a new model that apparently blends the...
by Paul A. Eisenstein | Jul 25, 2011
Honda’s “cute-ute” is getting a new look. The ever-popular CR-V will take a distinctly different design direction when it makes its debut in the U.S. market by the end of the year, the company has revealed with the first formal shot of the fourth-generation...
by Joseph Szczesny | Jul 25, 2011
One of the founders of the “e-mobility” movement has been honored with an award named after the inventor of the automobile. Shai Agassi , founder of A Better Place, which has offered a unique solution for getting electric vehicles on the road, has received the first...
by Paul A. Eisenstein | Jul 25, 2011
Bankrupt battery car maker Think Global could get a second – make that fourth – chance, a Russian investor getting court approval to re-launch the brand, which went belly-up last month. The new owners plan to rename the long-troubled company Electric Mobility...
by Mike Davis | Jul 25, 2011
Nearly one-fifth of North American car and truck production originated in Mexico during the first half of 2011, according to industry production statistics — more than from our neighbor to the North, Canada. And lest the UAW and its supporters get their drawers...
by Paul A. Eisenstein | Jul 25, 2011
With smiles and handshakes for the cameras, negotiators for the United Auto Workers Union and Chrysler Corp. will today begin the challenging task of coming up with a new contract for more than 20,000 hourly U.S. autoworkers. Later this week, the situation will repeat...
by Paul A. Eisenstein | Jul 22, 2011
With the temperature nudging 100 in much of the country, even the most diehard convertible fans have folded up the top and turned on the air conditioning. But the ongoing heat wave doesn’t explain why convertible sales have gone cold. Now, drop-tops will never again...
by Paul A. Eisenstein | Jul 22, 2011
Things are beginning to look more promising in the U.S. automotive market after an unexpected downturn heading into the normally robust spring-summer buying season, industry analysts say. But the pace of preliminary July sales still are lagging behind the more robust...
by Joseph Szczesny | Jul 22, 2011
The United Auto Workers Union is set to begin contract negotiations with General Motors Corp. Chrysler Group and Ford Motor in the coming days and, as always, the negotiations with the GM will once again serve as the main event . After all, Ford hasn’t had a...
by Paul A. Eisenstein | Jul 22, 2011
General Motors has formally confirmed it will add a high-mileage diesel to its Chevrolet Cruze line starting with the 2013 model-year. The long-rumored diesel is likely to be an adaptation of the 2.0-liter VCDi direct-injection “oil-burner” already offered in Europe...
by Paul A. Eisenstein | Jul 22, 2011
Fuggedabout about the “Taxi of Tomorrow.” New Yawkers want to know what they’ll be hailing when they get off work today. And, it seems, the list of vehicles going into the Big Apple’s taxi fleet is about to grow a bit larger. Authorities at the New York Taxis and...
