by Joseph Szczesny | Feb 10, 2015
A group of four heavyweight hedge funds that controls 2.1% of the General Motors’ shares wants a seat on the automaker’s board of directors and a change in company policy requiring a steep increase in share buy backs. Harry J. Wilson is a corporate turnaround expert,...
by Paul A. Eisenstein | Feb 10, 2015
Kia has some big news coming in Geneva. And it’s confirming plans to reveal a new concept vehicle it says it has “created as a spacious and versatile accessory to an active lifestyle.” Unlike other Korean concept cars of the recent past, this D-segment, or midsize,...
by Michael Strong | Feb 10, 2015
Despite the passing of the Jan. 31 deadline to file claims, the number of claims – and deaths – associated with General Motors’ vehicles with faulty ignition switches continued to rise this week. Kenneth Feinberg, the attorney administering GM’s victim’s compensation...
by Paul A. Eisenstein | Feb 10, 2015
Potential buyers won’t get a chance to slip behind the wheel of the fourth-generation Mazda Miata for some months, but the Japanese maker is already reaching out to those looking to customize the little roadster with what it has dubbed the “2016 MX-5 accessories...
by Paul A. Eisenstein | Feb 10, 2015
For those who want a compact track with the sort of rugged capabilities normally associated with full-size models, Chevrolet plans to roll out the Colorado GearOn Edition at the Chicago Auto Show later this week. The launch of the Chevrolet Colorado late last year...
by Michael Strong | Feb 9, 2015
The growing levels of comfort of driverless cars and the rise of ride-sharing programs could combine to cut private car ownership nearly in half, according to a recent study from the University of Michigan. If Google’s fleet of self-driving vehicles became part of a...
by Paul A. Eisenstein | Feb 9, 2015
Anyone who has had to face driving on snowy roads this winter knows what can happen when you hit a patch of black ice, especially when you’re going into a corner or trying to stop. Ford Motor Co. claims to be launching a new version of electronic stability control...
by Joseph Szczesny | Feb 9, 2015
It was the best of times. It was the worst of times … or, when describing General Motors’ sales results in China last month, it was a subpar time. Sales by GM and its joint venture partners in China dropped 2.4% during January as GM felt the impact of the slowing of...
by Joseph Szczesny | Feb 9, 2015
The average price of gasoline in the U.S. increased during the past week, rising by more than 10 cents per gallon, according to a new survey by AAA. Gas prices had declined for a record 123 consecutive days to $2.03 per gallon before increasing last week for the first...
by Michael Strong | Feb 9, 2015
F. Scott Fitzgerald told us in “The Great Gatsby” that Daisy had a voice that was “full of money,” but now she – and the men around her – can also smell of money, courtesy of Bentley. The ultra-luxury automaker has released its latest cache of fragrances. “The launch...
by Paul A. Eisenstein | Feb 9, 2015
Chevrolet will roll out a much-awaited update of its midsize Equinox crossover later this week, and is offering a little tease of what we can expect to blow into the Windy City. The 2016 Chevrolet Equinox will get revised headlamps and new LED daytime running lights...
by Paul A. Eisenstein | Feb 9, 2015
As owners of more than 2 million BMW vehicles recently learned, hackers are now targeting automobiles, and the problem is likely to get worse, warns a new report. The study, overseen by Sen. Edward Markey, a Massachusetts Democrat, comes at a significant time, with...
