General Motors moves closer to recovery with 'chance' at profits |
Apr 8th, 2010 |
General Motors reported a relatively small loss for the second half of 2009 – $4.3 billion. Next steps include repaying Treasury loans by June and eventually returning to shareholder ownership.
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Toyota execs debated over when to disclose accelerator-pedal problem |
Apr 8th, 2010 |
Five days before a massive recall, internal company e-mails show, an executive urged colleagues to keep quiet. A company spokesman responded that Toyota needed to come clean on the matter.
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David Empringham bests Buttonwillow track record on Hankook tires |
Apr 7th, 2010 |
Hankook-sponsored driver David Empringham has set a Buttonwillow Raceway record in his Mitsubishi Evo 8 while riding on Ventus Z214 DOT R-compound tires.“We wanted to break the record on DOT tir...
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GAO Report Warns Of Uncertainty Over GM, Chrysler Pension Plan Funding - Update |
Apr 7th, 2010 |
(RTTNews) - Automakers General Motors Co. and Chrysler Group LLC are underfunded in order to meet the requirements of their respective benefit pension plans over the next few years, according to a rep...
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Koons' Art Car set for Le Mans |
Apr 7th, 2010 |
THIS IS MY CANVAS: Artist Jeff Koons presents his design for the 2010 BMW Art Car in New York on April 6, 2010. The car will run in the Le Mans 24 Hour endurance race. Image: AFP
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Will Toyota Discounts Win Back Dealer Confidence |
Apr 7th, 2010 |
(4/2/2010) In the wake of a $16 million fine and massive recalls over defective gas pedals, Toyota car sales are up. But, as CBS 2's Vince Gerasole reports, deep discounts now offered to consumers a...
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U.S. expects enough profit from GM and Chrysler to recoup stakes |
Apr 6th, 2010 |
WASHINGTON -- The Obama administration expects General Motors and Chrysler to generate enough profits for the government to unwind its equity stakes in both automakers, according to a new federal repo...
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Don't take the dealer's word, read your service plan |
Apr 6th, 2010 |
By Wendy Knowler Over the years I've had many complaints from consumers who have unwittingly rendered invalid the manufacturer's warranty on their cars by failing to have them serviced at the stipulat...
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Good Reputation Propels Ford Up Image Survey |
Apr 6th, 2010 |
April 6, 2010 The last year has been a tough one for the Detroit car business but one company — Ford — seems to have improved its image. A Harris Interactive poll indicates Ford rose 14 sp...
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2011 Subaru Impreza WRX STI launch |
Apr 6th, 2010 |
Following the unveiling of the 2011 Subaru Impreza WRX STI sedan at the New York motor show, Subaru has released the official video to accompany its latest model.
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