by Paul A. Eisenstein | Feb 12, 2013
They’re designed to save lives and reduce potential serious injuries, but a search of federal records reveals that a surprising number of Americans have been killed or injured due to problems with vehicle airbag systems. In fact, defects involving the devices have...
by Paul A. Eisenstein | Feb 12, 2013
Chevrolet’s goal of regaining its once-lofty position in the U.S. midsize sedan market have failed to materialize –forcing the maker to slash prices and order up an “emergency refresh” of the only recently redesigned Malibu. General Motor’s largest brand will slash...
by Paul A. Eisenstein | Feb 12, 2013
With General Motors’ stock rising by as much as 60% since last summer, the long-term cost of the 2009 auto industry bailout has shrunk substantially – but would still top $20 billion at the current GM share price, according to the latest report on the rescue by the...
by Paul A. Eisenstein | Feb 12, 2013
After a seemingly endless wait, Sergio Marchionne, the CEO of both Fiat and Chrysler, confirmed Alfa Romeo is finally ready to make its return to the U.S. market. And today we’re getting a first look at the mid-engine sports car that will blaze the path for the...
by Paul A. Eisenstein | Feb 11, 2013
Never shy to take on a major media outlet that has leveled criticism at his products, Tesla Motors CEO Elon Musk is accusing the New York Times of publishing a “fake” story regarding a lengthy drive of the battery-car start-up’s Model S sedan. The entrepreneur – who...
by Joseph Szczesny | Feb 11, 2013
A latecomer to the massive and growing Chinese automotive market, Ford China is reporting its best-ever January, selling more than double the number of passenger cars it did in January 2012. In all Ford sold 44,439 passenger cars—including imported vehicles—last...
by Joseph Szczesny | Feb 11, 2013
Chrysler will soon be back in the financial services business for the first time since its 2009 bankruptcy. The maker will launch launch a new partnership with Santander Consumer USA Inc., of Dallas, this coming spring to offer “a full spectrum of auto financing...
by Paul A. Eisenstein | Feb 11, 2013
The conclave that will begin in Rome next month to select a new pope isn’t the only news out of Italy generating intense speculation. In automotive circles, at least, the real question is what’s in store from Ferrari when it finally unveiled long-awaited replacement...
by Paul A. Eisenstein | Feb 11, 2013
CEO Carlos Ghosn didn’t try to sugar coast Nissan Motor Co.’s latest financial results, admitting the more than one-third drop in the maker’s latest quarterly earnings “did not meet our expectations.” The news comes in sharp contrast to the results at Japanese...
by Paul A. Eisenstein | Feb 11, 2013
It’s clearly auto show season, at least judging by the flood of teaser images we’ve been receiving – including the Subaru Viziv Concept the Japanese maker plans to formally unveil in Geneva. No, that’s not some Swiss tongue-twister. The name is shorthand for what...
by Paul A. Eisenstein | Feb 11, 2013
The next new entry into the expanding Cadillac line-up will make its debut at next month’s New York Auto Show, officials with the General Motors division have confirmed. The unveiling of the next-generation Caddy CTS will follow the January introduction of the ELR...
by Paul A. Eisenstein | Feb 8, 2013
Dodge hit the redline in Chicago this week. Make that the Dodge Challenger R/T Redline, a screaming, hemi-powered brute that, the maker said, “combines unmatched personalization with the unmistakable performance.” The new R/T Redline builds off the earlier...
