by Joseph Szczesny | May 4, 2015
Former General Motors executive Susan Docherty, who was considered by some observers to be a candidate to be the first woman CEO at the automaker, has been appointed the CEO of the Canyon Ranch, the operator of spas and health resorts. Docherty left GM in September...
by Paul A. Eisenstein | May 4, 2015
Chevrolet is once again cutting the price of its Volt plug-in hybrid – but this time, the $1,175 discount comes with the launch of an all-new version of the extended-range electric vehicle. The 2016 Chevrolet Volt will cost as little as $26,495 when federal credits...
by Paul A. Eisenstein | May 1, 2015
A new bill facing the Senate would ban car rental companies from offering vehicles to consumers until outstanding recall problems are repaired. Dubbed the Rachel and Jacqueline Houck Safe Rental Car Act of 2015, the measure is named after two sisters killed in the...
by Joseph Szczesny | May 1, 2015
Carmakers from around the world finished April with strong sales in the United States. Mazda reported its best sales in 20 years, while Subaru, Jaguar Land Rover, BMW, Mercedes-Benz, Mitsubishi and Maserati all chalked up double-digit gains. However, it wasn’t...
by Michael Strong | May 1, 2015
It appears that former Volkswagen Chairman Ferdinand Piëch will not go gently into that good night. Less than a week after resigning his position from the company his grandfather founded, Piech is making news again by opposing the nomination of two of his nieces to...
by Joseph Szczesny | May 1, 2015
April showers resulted in a surge of buyers looking for new trucks and crossovers, which benefitted the bottom lines of nearly every automaker. Ford finally broke out of something of a sales slump in April as it posted a 5% sales increase and General Motors, Fiat...
by Paul A. Eisenstein | May 1, 2015
Aston Martin has lined up a £200 million, or roughly $300 million, cash infusion from its key shareholders, money that it will use to build several new models including a production version of the DBX crossover revealed at the Geneva Motor Show several months ago. The...
by Paul A. Eisenstein | May 1, 2015
General Motors has dropped a big hint about its future vehicle plans this week – and that could mean a major shift from classic steel to aluminum bodies in the coming years. The move would follow the lead set by rivals such as Ford Motor Co. – which launched an...
by Paul A. Eisenstein | May 1, 2015
Already providing a shock to the auto industry, entrepreneur Elon Musk is now hoping to transform the electric utility world. The billionaire founder of Tesla Motors added a new line of business Thursday night, confirming widespread rumors that the electric carmaker...
