by Paul A. Eisenstein | Mar 13, 2015
Four months after pulling the wraps off his automotive reincarnation, Danish designer Henrik Fisker is set to deliver the first of his 725-horsepower Rocket Mustangs. The result of joint venture with California mega-dealer Galpin Motors, the first production version...
by Paul A. Eisenstein | Mar 13, 2015
Hoping to calm criticism, ride-hailing service Uber this month announced that it plans to have at least 1 million women drivers in place by the end of the decade. But those jobs might be short-lived. Uber and rival Lyft are already giving serious thought to turning to...
by Paul A. Eisenstein | Mar 12, 2015
Barely two months after loading the first of the new 2015 Mustangs onto a ship for the journey to Asia, Ford Motor Co. claims the pony car is in full gallop overseas. Though Ford has always had a few small foreign markets for Mustang, with grey market imports...
by Joseph Szczesny | Mar 12, 2015
The BMW Group continued to chalk up record numbers in 2014 as the company achieved new highs for sales and profits for the fifth year in succession and anticipates more of the same in 2015. Norbert Reithofer, chairman of the Board of Management of BMW AG, said the new...
by Joseph Szczesny | Mar 12, 2015
After a long run of success that has brought it within striking distance of becoming the world’s largest automaker, the Volkswagen Group is looking for additional growth again in 2015. Martin Winterkorn, VW’s chief executive officer, acknowledged during...
by Michael Strong | Mar 12, 2015
Hyundai has a problem…a good problem: it can’t build enough vehicles to meet demand. As a result, it is looking to expand its production capability in the U.S. to meet the demand for its crossovers and SUVs. The South Korean automaker has seen its...
by Paul A. Eisenstein | Mar 12, 2015
Honda is launching a major national advertising effort to convince buyers to repair millions of vehicles equipped with potentially deadly airbags produced by beleaguered Japanese supplier Takata. So far, at least five deaths – all in Honda vehicles – have been linked...
by Paul A. Eisenstein | Mar 12, 2015
Toyota has ordered up several new recalls for a variety of issues, the most serious potentially leading to a “complete loss” of power steering in several of its most popular models, including the recently redesigned Camry sedan. Though it would still allow a driver to...
by Joseph Szczesny | Mar 11, 2015
Ford has been a leader in the utility vehicle segment for the better part of a quarter of a century, going all the way back to the introduction of the first Explorer in 1990, a much more modern alternative to the bucky old Bronco. The Explorer was a much more...
by Paul A. Eisenstein | Mar 11, 2015
The Pony Express is long gone. So are the Ford Pintos. Over the years, the U.S. Post Office has tried a lot of different ways to make its appointed rounds. These days, carriers generally settle for a mix of minivans and aging Grumman trucks. But in its bid to become...
by Michael Strong | Mar 11, 2015
U.S. auto dealers have long-complained that TrueCar and its cadre of captive dealers have an unfair advantage. Now some of those affiliated dealers aren’t happy with the online data provider either and are suing for $250 million. In a lawsuit filed in U.S. District...
by Joseph Szczesny | Mar 11, 2015
The cost of General Motors’ just-announced share-buyback is likely going to be steeper than $5 billion it’ll spend on the stock due to a ripple effect that could end up hurting the company’s credit rating. The multibillion-dollar share repurchase was hastened by an...
