by Paul A. Eisenstein | Feb 26, 2013
With the introduction of its most powerful model ever little more than a week away, Rolls-Royce is offering another teaser image of the Wraith that reveals the coupe’s distinctive fastback shape. Rolls has been, well, rolling out an assortment of images meant to whet...
by Paul A. Eisenstein | Feb 26, 2013
Volkswagen apparently has big plans for the high-mileage diesel plug-in hybrid powertrain that will be used in its little XL1 microcar. Reports from Europe suggest the drivetrain – which will yield an astonishing 261 miles per gallon under the hood of the XL1 – also...
by Paul A. Eisenstein | Feb 26, 2013
While Tesla Motors CEO Elon Musk claims the battery-car maker came out on top in its battle with the New York Times over a critical review, he also claims the bitter dispute wound up costing Tesla “a few 100” lost sales and as much as a $100 million hit to its stock...
by Paul A. Eisenstein | Feb 26, 2013
With a Congressional oversight committee set to review pay policies for companies covered by federal bailout funds, General Motors says it will not ask for an increase in the compensation package for Chairman and CEO Dan Akerson. It had been widely reported that the...
by Paul A. Eisenstein | Feb 26, 2013
General Motors Chairman and CEO Dan Akerson could see a 20% increase in his paycheck for 2013, total compensation jumping to $11.1 million – if he can get the numbers approved by the U.S. Treasury Department. As one of the top executives at GM, Akerson’s pay must be...
by Joseph Szczesny | Feb 26, 2013
General Motors has begun assembling the new full-size Cadillac XTS at a sprawling production complex in Shanghai, a key step in the maker’s goal of tripling sales of the luxury brand across China over the next three years. Cadillac sold 30,000 vehicles in the booming...
by Paul A. Eisenstein | Feb 25, 2013
Nissan plans to rapidly ramp up its line-up of high-performance models under the NISMO brand, with a new version of the GT-R sports car to join the Juke and 370Z NISMO models the maker unveiled earlier this month at the Chicago Auto Show. Originally intended to serve...
by Joseph Szczesny | Feb 25, 2013
General Motors is reaching outside its ranks to bring in an outside fireman to help shore up marketing at the big Chevrolet brand – which suffered an unexpected decline in U.S. and global market share last year. Tim Mahoney, who helped both Subaru and Volkswagen defy...
by Joseph Szczesny | Feb 25, 2013
It wasn’t all that long ago that the all-new 2011 Jeep Grand Cherokee landed among the three finalists for North American Truck of the Year. And though the SUV didn’t win the coveted trophy it clearly clicked with potential buyers, helping drive a dramatic increase in...
by Paul A. Eisenstein | Feb 25, 2013
The National Highway Traffic Safety Administration has launched a series of safety investigations targeting nearly 1.3 million Ford Motor Co., Toyota Motor Co. and Honda Motor Co. vehicles. Federal regulators caution that they have not decided whether recalls are...
by Paul A. Eisenstein | Feb 25, 2013
Chrysler is turning to an old name for a brand new Jeep. Say farewell to Liberty. The replacement model that will added to the line-up for 2014 will be rechristened the Jeep Cherokee, reviving a nameplate that helped kick off one of the most dramatic transformations...
by Paul A. Eisenstein | Feb 25, 2013
General Motors will partner with AT&T to offer embedded 4G Internet access in “most” of the vehicles it sells in the U.S. and Canada starting next year, the maker announced during a mobile communications conference in Spain this morning. An early leader in...