SEC Launches GM Probe

SEC Launches GM Probe

The U.S. Securities and Exchange Commission is the latest government agency to be probing the way General Motors handled the recall of 2.6 million vehicles due to an ignition switch defect linked to the deaths of at least 13 people. The SEC probe came to light through...
New Boss Aims to Transform Acura into Luxury Leader

New Boss Aims to Transform Acura into Luxury Leader

Considering the cost of bringing a car to market, every new vehicle is important, but few more so than the 2014 Acura TLX making its first public appearance at the New York Auto Show this week. Acura has scored a pair of solid hits with its two SUV models, the RDX and...
Hammered by Recalls, GM in the Black – Just Barely

Hammered by Recalls, GM in the Black – Just Barely

After writing down more than $1.3 billion to cover the cost of a burst of embarrassing recalls, General Motors saw its earnings for the first quarter of 2014 fall by more than 85%, it reported today, though it was still able to squeak out a modest profit. The $125...
Baojun Scoring Major Gains for GM in China

Baojun Scoring Major Gains for GM in China

A new brand General Motors launched only three years ago is poised to double its sales this year as GM continues to move ahead with its rapid expansion in China. Baojun, the brand that belongs to the Shanghai-GM-Wuling joint venture sold 100,000 cars last year and...
Karma Making a Comeback

Karma Making a Comeback

Karma is back! The Fisker Karma, that is. Fisker Automotive’s electric vehicle boasted cutting edge design, but couldn’t overcome production and quality issues that sucked up millions of dollars and led to its demise. Enter Chinese auto supplier Wanxiang, which bought...
J.D. Power Gains More Insight into Buyer Behavior

J.D. Power Gains More Insight into Buyer Behavior

J.D. Power acquired an analytics firm to enhance Power’s ability to measure and track online shopping behaviors and trends of consumers. The move was announced today. Korrelate provides the information about online shopping to advertising agencies, advertisers, media...
Feds Launch Probe of 2014 Chevy Impala Brakes

Feds Launch Probe of 2014 Chevy Impala Brakes

Federal investigators have launched a preliminary probe of the 2014 Chevrolet Impala following a report that the big sedan’s emergency braking system might activate without warning or driver input. The probe comes as General Motors shakes up its internal product...
GM Shakes Up Engineering in Wake of Recall Scandal

GM Shakes Up Engineering in Wake of Recall Scandal

General Motors continues to shake up its senior management ranks in the wake of the ongoing ignition switch recall scandal, this time ousting its global engineering chief and splitting the job into two new posts with a goal of catching potential safety problems...
Tesla May Build Cars in China

Tesla May Build Cars in China

Tesla Motors has launched what could become its biggest gamble yet, delivering its first cars in China and hinting at plans to produce cars in the booming Asian nation. The Silicon Valley start-up is already the second best-selling producer of battery-electric...