by Paul A. Eisenstein | Jul 24, 2015
Anybody – well, anybody with enough cash, anyway – can own a Saleen S7, or even the track-ready S7R. But how would you like to own the actually rights to those and the never-produced S5S Raptor? In an unusual move, the company is offering up the basic intellectual...
by Joseph Szczesny | Jul 24, 2015
Ever since General Motors went bankrupt in 2009, GM and the United Auto Workers have made a concerted effort to make nice. The company and the union have put aside the years of antagonistic relations and built a new relationship. GM Chief Executive Mary Barra, whose...
by Paul A. Eisenstein | Jul 24, 2015
After failing to find a new manufacturing partner, long-struggling Mitsubishi Motors reportedly will abandon its assembly plant in Normal, Illinois – a move that raises questions about the maker’s longer-term commitment to the U.S. market. The Japanese maker is said...
by Paul A. Eisenstein | Jul 24, 2015
Honda will be loading up the 2016 Accord with an assortment of new high-tech features, the maker revealed during a preview staged, appropriately enough, in Silicon Valley. Sure, Dodge has gotten plenty of attention by offering a 707-horsepower Hellcat package, but...
by Michael Strong | Jul 23, 2015
As expected, the ceremonial handshake between Ford Motor Co. and UAW negotiators was a mix of optimism and reality with Dennis Williams bringing the latter to fore right away. “Mexico continues to be an issue for us,” Williams said during his comments...
by Paul A. Eisenstein | Jul 23, 2015
Who is a potential car buyer supposed to trust when they’re looking for a high-quality car? In its newly released APEAL study, widely followed research firm J.D. Power and Associates ranked Porsche number one among luxury marques while Mini was named the top...
by Joseph Szczesny | Jul 23, 2015
Ford Motor Co. and the United Auto Workers are scheduled to open negotiations in Detroit today with a special ceremony at the Detroit’s Cass Technical High School. Over the years, relations between Ford and the UAW have been relatively peaceful, compared to those at...
by Paul A. Eisenstein | Jul 23, 2015
The spin-off for Fiat Chrysler’s Ferrari brand officially got underway this morning as Fiat Chrysler Automobiles filed the regulatory papers necessary to launch the long-awaited IPO of the iconic sports car maker. Hoping to raise some desperately needed cash for FCA’s...
by Paul A. Eisenstein | Jul 23, 2015
Despite being hit with a $1.1 billion special charge, General Motors managed to deliver a second-quarter profit of nearly $1.2 billion, or $0.67 a share – its biggest three-month profit since emerging from bankruptcy in July 2009 – with strong demand for its North...
by Joseph Szczesny | Jul 23, 2015
Daimler AG reported its sales increased by 19% to 37.5 billion euros in the second quarter, while earnings before interest and takes increased by 20% to 3.7 billion euros. The company’s earnings before interest and taxes improved by a substantial 54% to 3.8 billion...
by Michael Strong | Jul 22, 2015
Buick is offering potential buyers “24 Hours of Happiness” to get them behind the wheel of the vehicle of their choice in its line-up. The plan calls for dealers to allow buyers to enjoy an extended test drive with the Buick model of their choosing. The brand...
by Michael Strong | Jul 22, 2015
Fiat Chrysler is recalling 350,000 Dodge Journey crossovers due to a problem with the vehicle’s engine cover that could lead to a fire. The covers can become dislodged and come in contact with exhaust components preventing them from moving. If that happens, it could...
