by Joseph Szczesny | Jan 31, 2013
General Motors is consolidating its far-flung engine and transmission operations in the Detroit suburb of Pontiac, and backing the move with a $200 million investment at its Global Powertrain Engineering Headquarters. The move, which will create 400 new jobs in the...
by Paul A. Eisenstein | Jan 31, 2013
Long known as Chrysler’s parts division, Mopar is now giving the maker’s more established car brands a little competition, the all-new Mopar ’13 Dart set to make its debut at next month’s Chicago Auto Show. It follows the limited-edition models that Mopar released...
by Paul A. Eisenstein | Jan 31, 2013
Honda Motor Co. saw a nearly 63% surge in earnings for the October – December quarter, but the maker also issued a warning that earnings could take a tumble in the months ahead because of problems in China, now the world’s largest automotive market. The Tokyo-based...
by Paul A. Eisenstein | Jan 31, 2013
The only domestic automaker to gain market share in 2012, Chrysler is betting it will need a new product blitz to keep its momentum going. And it has plenty of new cars, trucks and crossovers on the drawing board – 47 all-new or significantly refreshed models coming...
by Paul A. Eisenstein | Jan 31, 2013
Volkswagen says there will be “no change” in its plan to air a controversial Super Bowl in which everyone in an office starts speaking in a Jamaican accent. The ad came under fire when the German maker released a sneak preview earlier this week, critics calling it...
by Paul A. Eisenstein | Jan 30, 2013
There was once an old adage in the auto industry, “safety doesn’t sell.” Don’t try to convince today’s motorists. Safety has, in fact, become one of the highest-ranked attributes for most car shoppers, whether they’re looking for a minivan or sports car. So, a new...
by Paul A. Eisenstein | Jan 30, 2013
Auto show season is well underway and makers are rolling out a string of new models and concepts as they look to both update existing product lines and find ways to attack the proverbial white spaces they’ve so far ignored. Considering ongoing market trends, it’s...
by Paul A. Eisenstein | Jan 30, 2013
Ford Motor Co.’s U.S. workers will share in the company’s strong 2012 performance, each union employee receiving, on average, an $8.300 profit-sharing bonus. That’s the single-largest profit-sharing payout from any domestic automaker since the United Auto Workers...
by Paul A. Eisenstein | Jan 30, 2013
Offering up another sign of its ongoing recovery, Chrysler reported 2012 earnings jump nearly nine-fold, to $1.66 billion, while the maker’s fourth-quarter profit was up 68%, to $378 million. The news reflects a sharp increase in sales and revenues – Chrysler being...
by Paul A. Eisenstein | Jan 30, 2013
Toyota says it is recalling a total of more than 1 million vehicles, including some late-model luxury cars, due to a pair of safety problems involving defective airbags and faulty windshield wipers. The announcement comes during the same week the maker confirmed it...
by Paul A. Eisenstein | Jan 29, 2013
U.S. Secretary of Transportation Ray LaHood has tendered his resignation, indicating he will not stay on through the second term of the Obama Administration. A one-time Republican Congressman from Illinois, the 67-year-old cabinet member has led efforts to ramp up...
by Paul A. Eisenstein | Jan 29, 2013
The long-awaited Chevrolet Cruze diesel reportedly is set to make its debut at the upcoming Chicago Auto Show. Set to be the first General Motors passenger car to feature a diesel in the U.S. market for more than two decades, the Cruze is likely to generate...
