by Paul A. Eisenstein | Apr 20, 2012
Nissan Motor Co. is scrambling to recover from a major attack by so far-unknown hackers who found a hole into the maker’s global computer network. Officials are still trying to get a complete sense of the damage and are facing the massive task of shoring up the...
by Paul A. Eisenstein | Apr 20, 2012
It can be a challenge to explain Acura to those unfamiliar with the brand – perhaps the reason why it has slipped under the radar for so many potential buyers. The first of the Japanese luxury brands, the Honda division quickly earned a reputation for style and...
by Paul A. Eisenstein | Apr 20, 2012
Faced with a shortage of a critical resin used for everything from seat fabric to fuel tanks, as well as brake and fuel lines, automakers may turn to an unlikely ally, the Kansas firm best known for its Stainmaster carpets. Wichita-based Invista, Inc., it turns out,...
by Paul A. Eisenstein | Apr 20, 2012
The recently-enacted 54.5 mile per gallon fuel economy standards will save American motorists an estimated $69 billion annually, according to a new report that suggests the Obama Administration’s push for improved fuel economy is already saving many drivers thousands...
by Paul A. Eisenstein | Apr 20, 2012
Automakers – led by Volkswagen AG – grabbed 10 of the top spots in this year’s vaunted Fortune 100 list. The strong showing underscores the industry’s revival in the wake of the 2009 global recession. Unlike some “top” lists, Fortune relies on more than just overall...
by Paul A. Eisenstein | Apr 20, 2012
Honda has filed an appeal of the small claim’s verdict that awarded nearly $10,000 to a California woman who had gone to court claiming her Civic Hybrid delivered significantly lower mileage than the maker had claimed. One-time corporate attorney Heather Peters had...
by Paul A. Eisenstein | Apr 19, 2012
Acura has issued an apology for the casting process used to search for an African-American actor who was “not too dark” for a Super Bowl commercial featuring comedian Jerry Seinfeld. The humorous spot, in which Seinfeld seeks to be the first to buy a new Acura NSX,...
by Joseph Szczesny | Apr 19, 2012
Facing political pressure to drive down near-record prices for gasoline. President Barack Obama wants to take action against energy traders and speculators, who are potentially earning record profits from the upward movement in oil prices, by “putting more cops...
by Paul A. Eisenstein | Apr 19, 2012
After years of debate, luxury maker Audi has finally won approval from parent Volkswagen AG to build a new North American assembly plant that could help fuel its record growth in the U.S. and other markets. But the maker of products like the A6 and Q7 has decided to...
by Paul A. Eisenstein | Apr 19, 2012
Hoping to catch up after a late start in what is now the world’s largest automotive market, Ford Motor Co. plans to invest $760 million to build a new assembly plant in China. The new facility will boost the maker’s total capacity in China to 1.2 million vehicles a...
by Paul A. Eisenstein | Apr 19, 2012
General Motors and other automakers around the world may be facing production shortages in the coming weeks as a quick solution to the shortage of a key resin seems unlikely. Alternately known as Nylon-12, or PA-12, the major supplier of the material was heavily...
by Paul A. Eisenstein | Apr 18, 2012
Audi has confirmed the widely rumored deal that will see it spend an estimated $1.1 billion to acquire Italian sport motorcycle manufacturer Ducati. The move by the Volkswagen AG luxury brand better positions Audi as a direct rival to BMW AG – as well as Japanese auto...