by Joseph Szczesny | Jun 6, 2013
The facts show the bailout of American automobile industry has been a success, at least according to Dan Akerson, General Motors chairman and chief executive officer, who made the assertion to shareholders at the company’s annual stockholders meeting in Detroit. “Four...
by Paul A. Eisenstein | Jun 6, 2013
With more and more states and local communities struggling to balance their budgets, road repairs are among the first things to be cut. In places like Detroit, where winter is particularly tough on tarmac, that can translate into potholes that match the worst you’ll...
by Paul A. Eisenstein | Jun 5, 2013
Beginning with its 2014 models, consumers buying General Motors vehicles will be able to unlock doors, activate their horns and lights and even remotely start factory-equipped vehicles through the OnStar RemoteLink Mobile App. Phil Abram, GM’s chief infotainment...
by Paul A. Eisenstein | Jun 5, 2013
While the Treasury Department’s self-imposed deadline to dump its remaining General Motors stock is still nearly a year away, the government plans to benefit from rising prices by putting another 30 million shares on the block this month. The announcement comes a day...
by Paul A. Eisenstein | Jun 5, 2013
It’s not often that recall stories make it above the fold, in that old newspaper parlance, but when one shows up as the lead story on the network evening news programs, you know it’s something big. And so it is with Chrysler snubbing its nose at a request by the...
by Paul A. Eisenstein | Jun 5, 2013
For the second year in a row, Ford Motor Co.’s 1.0-liter EcoBoost engine has been named International Engine of the Year. The high-mileage powertrain has been available in Europe for several years and is just being launched in the U.S., as well as China and India,...
by Paul A. Eisenstein | Jun 5, 2013
Two of Toyota’s high-profile hybrid models, notably including the best-selling Prius, are being recalled due to brake problems, according to the Japanese maker. In all, about 87,000 vehicles are impacted, including Toyota Prius hatchbacks and Lexus HS 250h hybrids...
by Joseph Szczesny | Jun 4, 2013
The state of Mississippi has found itself caught up in the increasingly contentious dispute between Nissan and the United Autoworkers Union. The state improperly offered millions in aid to entice Nissan to build its big factory in Canton, Miss., while the maker is...
by Paul A. Eisenstein | Jun 4, 2013
Barely four years after emerging from a bankruptcy some thought it might not survive, General Motors is once again being seen as a barometer of the American economy, the maker rejoining the S&P 500, a key stock market index, after the New York Stock Exchange wraps...
by Paul A. Eisenstein | Jun 4, 2013
It would be tempting to say that James Wang is living the American dream – if it weren’t for the fact that he’s living in Beijing. The mild-mannered 27-year-old is a self-made mega-millionaire, earning his money building golf courses for the country’s fast-growing...
by Paul A. Eisenstein | Jun 4, 2013
Unless you have a strange addiction to being nagged, there are few things more frustrating than having to listen to a backseat driver. But who makes the worst motoring micro-manager? According to a new survey, spouses – whether husbands or wives – top the list, while...
by Joseph Szczesny | Jun 3, 2013
Strong sales of pickup trucks and luxury cars, sales of new vehicles rose again in May as carmakers continued to help keep the U.S. economy growing despite the continuing concerns about deficits and job creation. The three domestic carmakers, General Motors, Ford...
