by Joseph Szczesny | Aug 2, 2011
While General Motors focuses most of its resources on a handful of technical and engineering centers in the U.S., Europe and Asia, it has quietly been expanding its presence in the Middle East, using its Israeli facility as a sort of technical eye on the future. GM...
by Paul A. Eisenstein | Aug 2, 2011
Toyota Motor Co. pointed its corporate finger at the March 11 Japanese earthquake and tsunami for the 99% decline in its earnings for the first-quarter of its latest fiscal year – but longer-term concerns about the strong yen pose problems that could extend well into...
by Paul A. Eisenstein | Aug 1, 2011
Ford is recalling more than a million full-size pickups in the U.S. and Canada due to a possible fire risk. But federal regulators are continuing to investigate and may add another 1.6 million more trucks to the recall list. The National Highway Traffic Safety...
by Paul A. Eisenstein | Aug 1, 2011
Already battered by both weak reviews and production problems that have led to shortages of the latest redesign, the influential Consumer Reports magazine has pulled its recommendation of the 2012 Honda Civic which “scored too low” in its latest shoot-out...
by Paul A. Eisenstein | Aug 1, 2011
While July new car sales appeared to weaken as July dragged on, it appears to have been a great month for anyone with a used car to sell. The struggling economy — and uncertain job prospects, in particular – seem to be leading many shoppers to try to curb...
by Paul A. Eisenstein | Aug 1, 2011
One of the nation’s largest historic car shows got off without a hitch over the weekend. That might not seem like a story worth telling but for the fact that what had been known, for more than 30 years, as the Meadowbrook Concours d’Elegance made a major move this...
by Paul A. Eisenstein | Aug 1, 2011
With some of its key models still in short supply in the wake of the March 11 earthquake and tsunami that devastated Northeast Japan, few analysts were surprised when Honda Motor Co. reported a 90% plunge in profits for the latest quarter. The real shock came from...
by Paul A. Eisenstein | Aug 1, 2011
The ongoing economic crisis is having an impact on just about everything you can imagine, from restaurant sales to new car purchases. Indeed, a new study claims that there could be as much as 1.5 million fewer cars sold this year due to nagging unemployment. The 2011...
by Joseph Szczesny | Aug 1, 2011
Despite some differences over pay and jobs, officials from the Ford Motor Co. and the United Auto Workers Union insist they are committed to resolving their differences over terms of the new contract without a strike. Talks were delayed by the Friday...
