by Joseph Szczesny | Mar 16, 2012
Ford Motor Co. is trying something new to bolster operations in China. To help support the company’s strategy in China, Ford has announced it’s selling renminbi (RMB)-denominated bonds for the first time. The issue was aimed at investors in Hong Kong, Singapore and...
by Paul A. Eisenstein | Mar 16, 2012
Better late than never for the town of La Chaux-de-Fonds. Nestled into the snow-covered Alps, it’s not a place the tourists often go, even if it is the third-largest community in the French-speaking cantons of Switzerland. Yet its reach is surprisingly broad. A...
by Paul A. Eisenstein | Mar 16, 2012
By most measures, auto dealers are doing a lot better job than in decades past when plaid-suited salesmen would promise anything to close a deal. But abuses still occur, prompting the Federal Trade Commission to step in. Government regulators have reached a...
by Paul A. Eisenstein | Mar 16, 2012
After taking on Honda and winning a judgment over the inflated mileage claims for her Honda Civic Hybrid, a Southern California woman now hopes to derail a class action suit that would provide other owners just a fraction of the compensation she was awarded in small...
by Paul A. Eisenstein | Mar 15, 2012
In a rare show of bipartisan support, especially as the presidential election nears, the U.S. Senate gave solid approval to a long-delayed federal transportation bill that covers everything from highway construction to the collection of gas taxes. Capitol Hill...
by Paul A. Eisenstein | Mar 15, 2012
In an era of executive excess, Chrysler CEO Sergio Marchionne made headlines, earlier this month, when it was reported he took no compensation for his work at the U.S. automaker last year. That was all the more impressive compared to the news, that same day, that...
by Paul A. Eisenstein | Mar 15, 2012
Already humbled by years of economic stagnation and last year’s devastating earthquake and tsunami, Japan’s continuing decline as one of the world’s leading auto markets is likely to be taken down another peg. A new study by IHS Automotive predicts that sales in India...
by Paul A. Eisenstein | Mar 15, 2012
Mercedes-Benz parent Daimler AG, BMW Group and suppliers Bosch, Siemens and several others have inked a new joint venture that aims to address one of the biggest obstacles to widespread expansion of electric vehicle sales: the lack of an efficient and readily...
by Paul A. Eisenstein | Mar 15, 2012
GMC is adding another Denali to its line-up. Or should that read: GMC is adding another version of its Terrain crossover? Actually, they’re both accurate, as the popular CUV is set to get the upscale Denali makeover for the upcoming model-year. It would appear to be...
by Joseph Szczesny | Mar 15, 2012
The idea that a car sells the brand doesn’t apply in the expansive world of Olivier Francois, Chrysler/Fiat’s chief marketing officer. It’s the brand and its message that ultimately sells the car, Francois told the Automotive Press Association in...
by Paul A. Eisenstein | Mar 14, 2012
A confident Volkswagen Group of America is moving ahead with its brick and mortar expansion in the U.S. With production steadily ramping up at the maker’s new American assembly plant, the German maker will invest another $40 million to build a warehouse in Roane...
by Paul A. Eisenstein | Mar 14, 2012
For the fourth year in a row, Lexus has topped the charts as the brand delivering the highest level of customer satisfaction when it comes to dealer service. Among mainstream brands, Mini led the list for the second consecutive year, according to a new study by J.D....
