by Paul A. Eisenstein | Feb 14, 2013
Tesla Motors CEO Elon Musk just might get in the last word as he battles with the New York Times over a potentially damaging review of the start-up carmaker’s Model S battery-electric vehicle. The South African-born musk launched what some initially thought a quixotic...
by Joseph Szczesny | Feb 14, 2013
Korea’s business community is a close-knit – some would say xenophobic group. So, it came as a shock when, last month, top executives at the massive Hyundai Group — which includes both Hyundai and Kia — did something unheard of, placing a large chunk of...
by Alex Goldmark | Feb 14, 2013
New York City Mayor Michael Bloomberg wants the Big Apple to be “wired and ready,” and wants to have the city add 10,000 public parking spots for electric vehicles over the next seven years. The proposal would require that a fifth of new parking spaces to...
by Paul A. Eisenstein | Feb 14, 2013
General Motors earnings took a sharp downturn in 2012, falling to $4.9 billion, or $2.92 a share, compared to $7.6 billion, or $4.58 a share, the year before. The maker blamed “unfavorable” special items, but the decline also reflected GM’s ongoing struggles to...
by Bryan Laviolette | Feb 14, 2013
Chrysler will add a diesel option for the Ram 1500 pickup, making it the only automaker to offer the high-mileage technology on a half-ton truck. It could be a significant additional inducement the announcement coming barely a month after the Ram 1500 was named North...
by Paul A. Eisenstein | Feb 13, 2013
A dispute between Tesla Motors and the New York Times over a review of the maker’s Model S sedan is taking on an increasingly strident and noisy life of its own raising questions about just what the California-based battery-car start-up hopes to accomplish. Clearly,...
by Paul A. Eisenstein | Feb 13, 2013
President Barack Obama wants to divert some of the revenues the federal government receives for oil and gas drilling to help find ways to shift to cleaner energy sources like battery power and hydrogen fuel cells. In his State of the Union address, the president noted...
by Joseph Szczesny | Feb 13, 2013
Car making is an art. But it seldom reveals the kind of breakthrough genius or inspiration that infused, say, Beethoven’s Fifth Symphony. Instead the creativity and improvement seem to come in increments. The new 2014 Kia Forte is a case in point on how...
by Paul A. Eisenstein | Feb 13, 2013
Hammered by plunging sales and massive excess capacity, struggling PSA Peugeot Citroen has revealed it lost €5.01 billion, or $6.74 billion, last year raising further concerns about its long-term health – and about the viability of a partnership the French automaker...
by Paul A. Eisenstein | Feb 13, 2013
Today’s vehicles are more reliable than ever, according to a new study, though Lexus remains the king when it comes to long-term dependability. Nonetheless, the gap between import and domestic brands continues to close, with General Motors giving close chase to Toyota...
by Bryan Laviolette | Feb 13, 2013
Truck sales took a spectacular tumble when the economy crashed but with the housing market showing signs of revival pickups could be one of the year’s hot products — and Chrysler is ready to take advantage of the fact that it was recently named North...
by Joseph Szczesny | Feb 12, 2013
With Fiat and the United Auto Workers Union unable to come to a compromise on the price of Chrysler stock, it’s going to be up to a judge to decide – a verdict that could be worth $100s of millions. But the move could end an impasse that has prevented the Italian...
