by Paul A. Eisenstein | Nov 1, 2011
If you’re looking for one of the hottest collectible Chevrolets you might put in a bid on a ’68 Custom Camaro produced by Mattel — one of the original 16 diecast models produced for the toy maker’s perennially popular Hot Wheels collection. The two companies are...
by Joseph Szczesny | Nov 1, 2011
While a number of automakers have yet to report October numbers it appears the industry is getting the sort of turnaround it has long been waiting for – preliminary data suggesting the U.S. market hit its strongest level last month since the end of 2009’s...
by Joseph Szczesny | Nov 1, 2011
Former Delphi Corp. Chief Executive Officer J. T. Battenberg III must pay a $215,000 for violating U.S. securities laws by misrepresenting a $237 million payment to General Motors Corp. U.S. District Judge Avern Cohn entered judgment against Battenberg and a $118,500...
by Joseph Szczesny | Nov 1, 2011
Apparently Chrysler isn’t the only company thinking the tagline, “Made in Detroit,” has a certain cachet these days. Its old partner, Daimler AG, also is creating its own Motown brand. Daimler Trucks North America has rolled out its new Detroit marque, which is based...
by Paul A. Eisenstein | Nov 1, 2011
It has not been a very good year, according to John Mendel, Honda of America’s top U.S. executive. Not only has the maker been hammered by a series of production cuts – the latest the result of flooding in Thailand – but one of its most important products has received...
by Paul A. Eisenstein | Nov 1, 2011
Little Subaru is finally lifting the covers on its part of what has become known as the “Toyobaru” project – a sports car it has been developing with automotive giant Toyota. The Subaru BRZ Concept – STI will make its debut at the upcoming LA Auto Show, with a...
by Paul A. Eisenstein | Nov 1, 2011
Hyundai will pump up the new Veloster, the quirky little hatchback it recently introduced, with a turbocharger that will bump up its horsepower by nearly 50%. The Veloster has become the latest in a string of strong products from the Korean brand, but if critics had...