Honda Recalling Another 570,000 Vehicles

Honda Recalling Another 570,000 Vehicles

In the latest of a series of steps that has plagued the Japanese maker for several years, Honda announced it will recall more than 470,000 sedans, minivans and crossover-utility vehicles due to defective airbag systems. The problem could cause potentially serious...
GM Investing $5.2 bil in Opel Turnaround

GM Investing $5.2 bil in Opel Turnaround

General Motors plans to pump €4 billion into its struggling Opel subsidiary over the next three years in a bid to finally reverse 13 years of losses that have led some skeptics to call on the American maker to sell or shutter the German-based operation. The move,...
Fisker Bankruptcy Could Come Within Days

Fisker Bankruptcy Could Come Within Days

Lawyers for Fisker Automotive are putting the final touches on paperwork that could put the company into Chapter 11 bankruptcy protection within a matter of days, according to numerous sources in and outside the fast-fading battery-carmaker. The move appears to be...
Fiat Has Cash to Complete Chrysler Acquisition

Fiat Has Cash to Complete Chrysler Acquisition

Almost four years after it took effective control of the then-struggling Chrysler Group LLC, Italian automaker Fiat SpA says it has the cash in hand to complete the acquisition of its U.S. ally — and hopes to complicate the deal in little more than a year. There...
First Look: 2014 Maserati Ghibli

First Look: 2014 Maserati Ghibli

With the last of the big global car shows approaching fast, we’re getting teasers covering a wide range of products set to debut at the 2013 Shanghai Motor Show – and one of the more important, certainly from a brand standpoint, is the promised debut of the 2014...
Chevy Aiming for Big Surge in Impala Sales

Chevy Aiming for Big Surge in Impala Sales

General Motors has big plans for its new full-size sedan, the 2014 Chevrolet Impala, and is hoping that a new emphasis on leasing will gain the redesigned four-door some traction after years as little more than a fleet car. Going up against some tough competitors that...
Ford Focus is World’s Best-Selling Automobile

Ford Focus is World’s Best-Selling Automobile

Ford Motor Co.’s increasing focus on global small cars apparently is paying off. Make that the Ford Focus which was the world’s best-selling automobile overall last year, according to new data from R.L. Polk & Company. The Detroit maker’s compact model rang up...