by Joseph Szczesny | Jul 28, 2014
It may be an unexpectedly cool summer in much of the country but you wouldn’t know by looking at July’s sales numbers – which have many industry observers expecting the rest of the year to remain hot. Mark Fields, Ford Motor Co. chief executive officer, noted the...
by Michael Strong | Jul 25, 2014
Until recently, the biggest concerns U.S. automakers had about industrial espionage came from China counterfeiting their vehicles; however, a recent spate of U.S.-based employees caught using a variety of means to secure information has automakers on high alert. The...
by Paul A. Eisenstein | Jul 25, 2014
He isn’t your typical car guy, fixated on fast cars and powerful engines. But while his game is all about numbers, he isn’t exactly a bean-counter, either. J. David Power III has carved out a unique and, appropriately, powerful position in the automotive industry. And...
by Paul A. Eisenstein | Jul 25, 2014
Despite a nationwide crackdown, car theft remains a major problem, and according to government statistics, a vehicle is stolen in the U.S. about every 44 seconds. As the title of a recent movie suggested, a thief may need as little as 60 seconds to break in and then...
by Joseph Szczesny | Jul 25, 2014
For the second consecutive year, Southern Weekly, an influential Chinese newspaper, honored General Motors China as one of the top companies in the area of corporate social responsibility for its civic spirit and sensitivity to the environment. The Corporate Social...
by Paul A. Eisenstein | Jul 25, 2014
With the unveiling of its all-new 4.0-liter V-8, Mercedes-Benz joins a growing trend in the automotive performance market. Smaller, it seems, is better as performance and mileage requirements collide. Due to make its debut under the hood of the planned Mercedes-Benz...
by Joseph Szczesny | Jul 25, 2014
Political and economic uncertainty in Eastern Europe and South America hit the bottom lines of General Motors and Ford during the second quarter, acknowledged executives the Detroit-area automakers. The second quarter results from Russia and South America were...
by Paul A. Eisenstein | Jul 24, 2014
Already facing investigations by both houses of Congress, as well as a criminal probe by the U.S. Justice Department, General Motors revealed Thursday that it is now facing additional investigations by the attorneys general in 45 states linked to its long delay in...
by Michael Strong | Jul 24, 2014
Sport-utilities have been zipping off dealer lots this year and Porsche looks to take advantage of that by finally unveiling an update to its popular Cayenne SUV that’s already sold half-a-million copies since its introduction in 2002. While the 2015 model does get...
by Paul A. Eisenstein | Jul 24, 2014
With increasingly stringent mileage standards coming down the pike over the next decade, automakers are frantically racing to find ways to boost the fuel economy of their vehicles. Some new features would yield benefits that are barely measurable, others could add...
by Joseph Szczesny | Jul 24, 2014
The fallout from the ignition switch recall and other safety-related problems cut deeply into General Motors’ profitability for the second quarter, the maker reported. Net income for the March to June period tumbled to just $200 million, or 11 cents per share,...
by Paul A. Eisenstein | Jul 24, 2014
General Motors anticipates it will spend at least $400 million to recompense victims of a defective ignition switch so far linked to the death of at least 13 people, though it cautioned that the figure could run as high as $600 million, depending upon how many people...
