by Paul A. Eisenstein | Oct 17, 2014
Embattled General Motors General Counsel Michael Millikin will retire early, the automaker has announced, a move that comes shortly after the maker was hit with a $10 billion class action lawsuit alleging it long concealed a series of safety problems. While GM CEO...
by Michael Strong | Oct 17, 2014
With outside pressure mounting, Honda announced it hired an outside firm to determine if it has underreported fatality and injury claims to the National Highway Traffic Safety Administration. The audit of the Japanese maker began last month after the Center for Auto...
by Paul A. Eisenstein | Oct 17, 2014
“Gentlemen, start your engines!” Might that classic announcement no longer be necessary? Then again, would NASCAR or Formula One fans be willing to pay for tickets to see a line of unmanned vehicles lapping tracks like the Indianapolis Brickyard or even the streets of...
by Paul A. Eisenstein | Oct 17, 2014
General Motors has been hit with another lawsuit that could seek as much as $10 billion in compensation for owners who have allegedly seen the value of their vehicles fall due to the maker’s ongoing recall crisis. Filed in Manhattan federal court, the lawsuit was...
by Michael Strong | Oct 17, 2014
Automakers aren’t just finding ways to outdo one another with their vehicles, the competition for celebrity pitchmen is also heating up: Kia Motor America added hoops superstar LeBron James to its roster. James is now hawking the maker’s K900 luxury sedan. He joins...
by Paul A. Eisenstein | Oct 17, 2014
After running up the stock in a frenzy more familiar to high-tech companies like Apple and Google than those in the automotive world, investors have suddenly grown wary about battery-carmaker Tesla Motors. But whether this is a short-term or long-term problem is...
by Paul A. Eisenstein | Oct 16, 2014
With the ghosts and goblins and candy displays going up at Costco that obviously means one thing: the annual SEMA Show is just around the corner. And another clear indication is the flood of previews landing in our e-mailboxes in recent days. One of the lengthiest...
by Joseph Szczesny | Oct 16, 2014
Facing public pressure to reduce some of world’s nastiest urban air pollution, the municipal government in Beijing is moving to turn Chinese capitols taxi fleet green. The objective is to convert Beijing’s 46,000 taxis into electric vehicles over the next three to...
by Michael Strong | Oct 16, 2014
Chrysler Group’s announcement today it is recalling 907,000 vehicles in two new campaigns is latest in a steady string of actions during the last six weeks from the Auburn Hills, Michigan-unit of Fiat Chrysler Automobiles. The recalls involve faulty alternators and...
by Paul A. Eisenstein | Oct 16, 2014
It’s been win-some-lose-some for Tesla as it pushes to reshape the automotive landscape with a marketing strategy based on factory-owned showrooms. But it now appears that the California-based battery-carmaker might be considering a revised strategy that would include...
by Joseph Szczesny | Oct 16, 2014
China’s fast-growing automobile industry should be able to create at three strong globally competitive carmakers in the years to come, according to a Chinese government official this week. Wang Xia, a senior official with the China Council for the Promotion of...
by Paul A. Eisenstein | Oct 16, 2014
For three-quarters of a century the world’s best-selling carmaker, General Motors has slipped another notch down the automotive ladder, Volkswagen AG pushing past to become number two in the industry pecking order. With the first nine months of the year behind it, the...
