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Tesla Motors CEO Elon Musk said Tuesday he will remain in the company’s top job at least through the 2011 launch of its second model, an electric sedan known as the Model S.

Tags: Ceo, Elon Musk, Launch, Tesla Motors, Top Job

Chrysler Financial will cut about 350 jobs and close a customer service center near Kansas City due to tight credit and weak car sales, the financial services firm said Tuesday.

Tags: Car Sales, Chrysler, Chrysler Financial, Customer Service Center, Financial Jobs, Financial Services Firm, Kansas City, Restructuring, Tight Credit, weak car sales

Bankrupt U.S. automaker General Motors said Tuesday it would offer 0 percent financing for up to 72 months on most of its soon-to-be-discontinued Pontiac brand and some other vehicles.

Tags: 0 Financing, Automaker, General Motors, Gm, Other Vehicles, Pontiac

Bankrupt U.S. automaker General Motors said today it would offer 0 percent financing for up to 72 months on most of its soon-to-be-discontinued Pontiac brand and some other vehicles.

Tags: 0 Financing, Automaker, General Motors, Gm, Other Vehicles, Pontiac

Chrysler Financial will cut about 350 jobs and close a customer service center near Kansas City due to tight credit and weak car sales, the financial services firm said today.

Tags: Car Sales, Chrysler, Chrysler Financial, Customer Service Center, Financial Jobs, Financial Services Firm, Kansas City, Restructuring, Tight Credit, weak car sales

If plug-in hybrid vehicles proliferate as expected, utilities will be able to handle the added power demand without building new plants or straining transmission power grids as long as owners plug in overnight, the New York grid manager said in a…

Tags: Autos, Grid Manager, Hybrid Vehicles, New York, Plants, Transmission Power

Saab Automobile could increase production to meet higher demand if it secured bridge financing from the government, the struggling Swedish carmaker’s CEO said today.

Tags: Automobile Production, Bridge Financing, Bridge Loan, Carmaker, Ceo, Saab, Saab Automobile

Amid the launch of the third-generation Prius hybrid, Toyota Motor Corp. is taking a beating online and in court by owners who charge that some older models of the popular car have faulty headlights that can cost more than $1,000 to replace.

Tags: Headlights, Hybrid Toyota, Launch, Older Models, Prius, Prius hybrid, Prius Toyota, Reputation, Third Generation, Toyota, Toyota Motor, Toyota Motor Corp, USD

The Obama administration today approved California’s long-standing bid to set its own tough standards for vehicle tailpipe emissions, a decision in tune with a national plan to boost fuel efficiency and reduce greenhouse gases linked to climate…

Tags: Bid, California, California Emissions, Climate, Environmental Protection Agency, Epa, Fuel Efficiency, Greenhouse Gases, Tailpipe Emissions, The Obama administration, U S Epa, Vehicle Emissions

U.S. light-vehicle sales in June may rise to an annual rate of 10 million units for the first time this year, a sign that a two-year decline may have hit bottom.

Tags: 10 Million, Decline, Light Vehicle Sales, Million Vehicles, Sales Rate, United States

Efforts to save two leading European carmakers took a twist today that could change the ownership of both crisis-hit General Motors’ Opel and German sportscar maker Porsche.

Tags: Doubt, European Carmakers, General Motors, General Motors Opel, Magna, Porsche, Qatar, Sportscar, sportscar maker

Belgium-based RHJ International is close to a deal to buy a stake in Opel after talks between parent General Motors and preferred bidder Magna International hit snags, the Financial Times reported.

Tags: Belgium, Equity Fund, Financial Times, General Motors, Gm, Magna International, Opel, Preferred Bidder, Snags, Stake, the Financial Times

Hyundai Motor Co. today offered to allow customers to lock in fuel prices for new vehicles at $1.49 per gallon for a year in a sales promotion that takes aim at the economic anxiety of American consumers.

Tags: Aim, American Consumers, Economic Anxiety, Fuel Prices, Gas Prices, Hyundai, Hyundai Motor, Hyundai Motor Co, locked gas prices, New Vehicles, Sales Promotion, USD

General Motors’ CEO told a U.S. bankruptcy court today that the sale of GM’s main assets to the government-backed “New GM” must win court approval in order for the automaker to survive.

Tags: Assets, Automaker, Bankruptcy Court, Ceo, Court Approval, General Motors, Gm

A U.S. bankruptcy court judge opened a hearing on today on government-backed plans by General Motors to seek approval to sell its main assets to a “New GM.” The hearing began around 11 a.m.

Tags: Assets, Bankruptcy Court, Court Judge, General Motors, Gm, Resumes, United States

A General Motors bankruptcy court hearing in which the company is seeking to sell its main assets to a “New GM” began today but moved to a recess almost immediately as the judge dealt with communication issues.

Tags: Assets, Bankruptcy Court, Communication Issues, Court Hearing, General Motors, Gm, Recess, United States

An Obama administration official urged General Motors’ bankruptcy judge to approve a swift exit from Chapter 11 to boost consumer confidence in the auto maker.

Tags: Administration Official, An Obama administration, Auto Maker, Bankruptcy Judge, Chapter 11, Consumer Confidence, General Motors, Gm, Quick Exit, Swift Exit, Task Force, Task Force Member

Ford Motor Co. is increasing its third-quarter production forecast by 25,000 vehicles to 485,000 units, sales analyst George Pipas said Monday. That’s 67,000 units higher than the previous year, Pipas said.

Tags: Ford, Ford Motor, Ford Motor Co., George Pipas, Pipas, Previous Year, Q3, Ups

General Motors heads to bankruptcy court today seeking approval to sell its assets to a “New GM” in a planned overhaul under U.S. government ownership. GM will make the request to U.S.

Tags: Assets, Automaker, Bankruptcy Court, General Motors, Gm, Government Ownership, U.S. government, United States

General Motors is heading to bankruptcy court today to seek approval to sell its assets to a “New GM” in a planned overhaul under U.S. government ownership. GM is seeking approval for the sale from U.S.

Tags: Assets, Bankruptcy Court, General Motors, Gm, Gm Motors, Government Ownership, U.S. government, United States

General Motors is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a “New GM” in a plan to reinvigorate the automaker under U.S. government ownership. GM is seeking approval for the sale from U.S.

Tags: Assets, Automaker, Bankruptcy Court, General Motors, Gm, Government Ownership, U.S. government, United States

Volkswagen AG and Ford Motor Co. scored at the top of a study assessing vehicle quality and owners’ enthusiasm for their purchases. VW and Audi models ranked first in five of the 17 segments measured by Strategic Vision Inc.

Tags: Audi Models, Ford, Ford Motor, Ford Motor Co., Segments, Strategic Vision Inc, Survey, Vehicle Quality, Volkswagen, Volkswagen Ag, Vw Audi

An Obama administration official urged General Motors’ bankruptcy judge to approve a swift exit from Chapter 11 to boost consumer confidence in the auto maker.

Tags: Administration Official, An Obama administration, Auto Maker, Bankruptcy Judge, Chapter 11, Consumer Confidence, General Motors, Gm, Quick Exit, Swift Exit, Task Force, Task Force Member

The Transportation Department said it expects to issue final rules for the cash-for-guzzlers program around July 23 and warned dealers that they are legally responsible for any trade-ins structured before that date.

Tags: Feds, Guzzlers, Launch, Trade Ins, Transportation Department

The Transportation Department said it expects to issue final rules for the cash-for-guzzlers program around July 23 and warned dealers that they are legally responsible for any trade-ins structured before that date.

Tags: Feds, Guzzlers, June 23, Launch, Trade Ins, Transportation Department