by Joseph Szczesny | Jul 29, 2013
General Motors confirmed it has fired several employees while the maker’s global engine development chief, Sam Winegarden is “retiring” in the wake of faulty emissions tests that violated company policy. It’s the latest in a series of departures linked to violations...
by Paul A. Eisenstein | Jul 29, 2013
Nearly 50 new cars, trucks and crossovers will compete for one of the most closely watched awards of the year. Make that two awards as a panel of U.S. and Canadian journalists begin the long process of winnowing out the winners for the North American Car and Truck of...
by Paul A. Eisenstein | Jul 26, 2013
It’s the stuff of dreams for some environmentalists: a fuel you can make from renewable sources as diverse as algae and used cooking oil. But for some automakers, bio-diesel is a nightmare so worrisome one major maker has pulled out of the Illinois market after...
by Paul A. Eisenstein | Jul 26, 2013
Toyota maintained a narrow lead in the global automotive sales race for the first half of 2013, just ahead of its American archrival General Motors. The Japanese giant said it sold 4.91 million cars, trucks and crossovers between January and June, a 1.2% decline from...
by Paul A. Eisenstein | Jul 26, 2013
The return of the Acura NSX steadily approaches — and after giving the public a preview with a pair of prototypes on the auto show circuit the last two years, the luxury arm of Honda Motor Co. will reveal a running version of the supercar early next month. While...
by Paul A. Eisenstein | Jul 26, 2013
Wondering what the next-generation Mini might look like? The British maker is offering a glimpse of what’s to come with the new Mini Vision concept. The retro-futuristic prototype was unveiled by Anders Warming, head of Mini Design, at the Mini Design@Home event in...
by Paul A. Eisenstein | Jul 25, 2013
How do you enhance an icon? That’s the challenge Mercedes-Benz faced when the German maker set out to redesign its flagship S-Class sedan – a vehicle likely to spur big changes across the premium-luxury market. While there are faster cars, more expensive cars and more...
by Paul A. Eisenstein | Jul 25, 2013
Anyone who has had to navigate the sort of rutted roads we get in Detroit – indeed, in much of the country these days as cash-short road departments cut back on the patching crews – knows that sort of moment instinctively. You’re soaring along when you spot the sort...
by Joseph Szczesny | Jul 25, 2013
General Motors managed to reduce losses stemming from its European operations, however, the Detroit-based automaker still saw its net income drop 20% to $1.2 billion, or 75 cents per share, in the second quarter compared with the year-ago figures. The earnings are...
by Paul A. Eisenstein | Jul 25, 2013
Two classic European luxury makers, Mercedes-Benz and Aston Martin, have decided to team up in a deal with wide-ranging opportunities. They’ve signed a letter of intent to work together on a new technical partnership and hope to have the final papers signed by...
by Paul A. Eisenstein | Jul 24, 2013
The good news for shareholders is that General Motors shares are on a rise, gaining more than 25% in value so far this year – and reaching a $37.45 high during Wednesday trading before settling back a bit. Good news, perhaps, but not good enough for U.S. taxpayers who...
by Joseph Szczesny | Jul 24, 2013
With an influx of cash from the sale of its sales in an aerospace company, Daimler AG was able to post generally solid earnings for the second quarter even though profit margins in key segments slipped. The earnings posted by Daimler AG for the second quarter of 2013...