by Paul A. Eisenstein | Jun 14, 2012
Hollywood executives aren’t the only ones who seem to come up with similar ideas all at the same time. When Porsche introduced the original Boxster, back in 1997, it hit market about the same time as several other European roadsters, notably including the...
by Paul A. Eisenstein | Jun 14, 2012
Those who have traditionally used derogatives like “soft,” and “flabby” to describe Buick products might be in for a surprise if they check out some of the General Motors brand’s latest offerings. And Buick hopes to continue shifting gears with the launch of a...
by Paul A. Eisenstein | Jun 14, 2012
Federal safety regulators have markedly expanded a probe they began nearly two years ago examining whether millions of Chrysler-made sport-utility vehicles face an unduly high risk of catching fire in rear-end collisions. The National Highway Traffic Safety...
by Paul A. Eisenstein | Jun 14, 2012
We’ve all seen the rusted out, dinged up lemons, paint peeling, bumpers missing and bumpers hanging on with a bungee cord. But which of these is really America’s ugliest automobile? That’s what the folks from Haggerty Insurance want to find out – and the winner...
by Paul A. Eisenstein | Jun 13, 2012
A day after CEO Dan Akerson told shareholders General Motors had to achieve a European turnaround to boost margins and rebuild its stock price, the automaker has revealed it is in talks with its German union about closing one of its excess plants. GM also hopes to win...
by Paul A. Eisenstein | Jun 13, 2012
Lexus is looking to an unprecedented array of new products, along with a revitalized production system to help it recover from last year’s sharp sales slide. Long the U.S. luxury sales leader, Lexus suffered a sharp decline in 2011 under an assault by key German...
by Paul A. Eisenstein | Jun 13, 2012
It’s the Chinese take on the old good-news/bad-news phenomenon: Chinese car sales rebounded sharply in May after a worrying slowdown earlier in the year. But to help build momentum, dealers have been slashing prices which could translate into lost profits for market...
by Paul A. Eisenstein | Jun 13, 2012
It’s become as much a rite of the summer season as the upcoming solstice, tens, if not hundreds of thousands turning out for the annual Goodwood Festival of Speed. And among those in attendance will be some very senior executives from Bentley Motors. For good reason,...
by Paul A. Eisenstein | Jun 13, 2012
Investors will be watching closely to see how the increasingly troubled battery maker A123 Systems’ stock performs this morning. Its shares surged 52% before the final market bell rang on Tuesday. The company, which only recently acknowledged there was “substantial...
by Paul A. Eisenstein | Jun 13, 2012
Production of the third-generation Smart Electric Drive, or ED, has begun and buyers in Germany will soon be able to plug them into the nearest charging station. But buyers will have to accept a sharp price increase, about 20% above what Smart officials had indicated...
by Joseph Szczesny | Jun 12, 2012
The unsettled economic climate in Europe has undermined General Motors’ efforts to revitalize the company’s operations, GM Chairman and Chief Executive Officer Dan Akerson said Tuesday. Fixing GM’s operations in Europe remains the company’s top priority, added...
by Joseph Szczesny | Jun 12, 2012
Fisker Automotive has garnered what could be taken as a significant endorsement from the legendary motorsports team owner and entrepreneur Roger Penske. His Penske Automotive Group has signed on to sell and service the battery-car start-up’s plug-in hybrid vehicles...
