GM said buyer interest in the new Chevrolet Volt has prompted the automaker to boost 2012 production plans for the plug-in hybrid to 45,000 units from 30,000.
Tags: Automaker, Buyer Demand, Buyer Interest, Chevrolet, Chevrolet Volt, Gm, New Chevrolet, Plug In Hybrid
Honda posted its best quarterly operating profit in nearly 3 years today on brisk sales in the U.S., China and other Asian markets. The automaker also raised its forecasts despite a sharp rise in the yen.
Tags: 3 Years, Asian Markets, Automaker, Brisk Sales, China, Honda, Operating Profit, Sharp, United States, Yen
Porsche AG’s supervisory board approved production of the 918 Spyder hybrid sports car, a model that soars to 100 kilometers an hour in 3.2 seconds and may top the Carrera GT as the automaker’s costliest vehicle.
Tags: Automaker, Car Model, Carrera Gt, Hybrid Car, hybrid sports car, Kilometers, Porsche, Porsche Ag, Porsche Spyder, Soars, Sports Car, Spyder, Supercar, Supervisory Board, USD
BMW of North America has moved two top executives into new positions in a shift that leaves the automaker searching for a marketing chief. Jack Pitney, 47, becomes vice president for BMW’s eastern region, its largest sales zone.
Tags: Automaker, Bmw, Bmw America, Bmw Of North America, Jack Pitney, Regional Sales, Sales Marketing, Sales Zone, Top Executives, United States, Vice President
In offering first V-6 since 2008 model year, automaker hopes to broaden appeal of top-selling pickup for 2011 by offering more fuel-efficient engines.
Tags: Automaker, Ford, Ford 150, Ford Pickup, Fuel Efficient Engines
Ford Motor Co. has selected LG Chem’s U.S. unit Compact Power Inc. to supply battery packs for an electric Focus compact car for U.S. production starting in 2011, the automaker said today.
Tags: Automaker, Battery Packs, Compact Car, Compact Power, Compact Power Inc., Electric Battery, Electric Car, Ford, Ford Focus, Ford Motor, Ford Motor Co., Lg Chem, Power Battery, Power Supply, United States
After six months, the U.S. automaker’s registrations are down 3.9 percent to 716,900 vehicles in the company’s main 19 European markets.
Tags: Automaker, Europe, Europe Sales, European Markets, Ford, Ford Europe, Ford Sales, Registrations, Sales Forecast, Six Months, United States
Toyota Motors Corp.’s U.S. recalls have addressed only a portion of the models tagged with unintended acceleration in consumer complaints, suggesting there may be causes of the problem other than those identified by the automaker, a new study says.
Tags: Acceleration, Address, Automaker, Consumer Complaints, Extent, Models, Toyota, Toyota Motors, Toyota Motors Corp., Toyota Recalls, United States
Publishers of two high profile used vehicle value guide books have trimmed the values of used Toyota models included in the automaker’s massive recall.
Tags: Automaker, automaker's massive, Book Values, Guide Books, High Profile, Kelley Blue Book, Kelley Book, Nada Guide, Nada Values, Publishers, Toyota, Toyota Models
Chrysler Group is taking the first steps to retool its powertrain lineup and improve fuel economy 25 percent by 2014. The automaker — burdened by a reputation for building gas-guzzling vehicles and facing stiffer U.S.
Tags: Automaker, Chrysler, Chrysler Engines, Chrysler Group, First Steps, Fuel Economy, Fuel Saving, Gas Guzzling Vehicles, Powertrain, Reputation, United States
General Motors Co. acknowledged today that it is selling its steering business, although the automaker quietly has been negotiating the sale of the unit to a Chinese buyer for at least four months. Yubei (Xinxiang) Power Steering System Co. Ltd.
Tags: Automaker, Chinese Buyer, Four Months, General Motors, General Motors Co., Gm, Power Steering System, Selling Business, System Co, Yubei (Xinxiang) Power Steering System Co. Ltd.
General Motors Co. today showed off the first battery pack for its electric Chevy Volt with a ceremony that highlighted the automaker’s dependence on U.S. government financing for its revival plans.
Tags: Automaker, Backers, Battery Pack, Chevy Volt, Dependence, General Motors, General Motors Co., Gm, Government Financing, Revival, U.S. government, United States
Next week, Kia Motors Corp. will become the first automaker to introduce a North American competitor to Ford Motor Co.’s voice-controlled Sync infotainment service. The Kia product will be called UVO.
Tags: Automaker, Competitor, Ford, Ford Motor, Ford Motor Co., Kia, Kia Motors Corp, Launch, Sync, Sync Technology
Next year Ford Motor Co. will be the first automaker in North America to offer HD radio technology and the ability to tag songs on iTunes in the vehicle for later purchase. The technology initially will be available only on certain vehicles.
Tags: Automaker, Ford, Ford Motor, Ford Motor Co., Ford Radio, Hd Radio, North America, Radio Itunes, Radio Technology, Tag
General Motors Co. is offering huge incentives to its dealers to speed up the sales of leftover inventory from its Saturn and Pontiac brands, that can push up the automaker’s December sales, The Wall Street Journal said.
Tags: Automaker, General Motors, General Motors Co., Gm, Gm Dealers, Incentives, Pontiac, Saturn, the Wall Street Journal, Wall Street, Wall Street Journal
General Motors Co. emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same.
Tags: Automaker, Bankruptcy, General Motors, General Motors Co., Gm, United States, Zeal
General Motors Co. emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same.
Tags: Automaker, Bankruptcy, General Motors, Gm, Zeal
Auto supplier Hanwha LandC Corp. is about to start its second expansion in less than two years at its plant in Opelika, Ala. The company, which supplies automaker Hyundai Motor Co.’s Alabama plant and will supply Kia Motors Corp.
Tags: Ala, Alabama Plant, Auto Supplier, Automaker, Hanwha, Hyundai, Hyundai Auto, Hyundai Motor, Hyundai Motor Co, Kia, Kia Motors Corp, Opelika
John Bozzella, Chrysler Group’s chief negotiator in settlement talks with dealers who resigned this week, will take a job at the automaker’s former owner, Cerberus Capital Management LP.
Tags: Automaker, Capital Management, Cerberus Capital, Cerberus Capital Management Lp, Chief Negotiator, Chrysler, Chrysler Dealer, Chrysler Group, Dealer Talks, Job, John Bozzella, Settlement Talks
John Bozzella, Chrysler Group’s chief negotiator in settlement talks with dealers, is taking a job at the automaker’s former owner Cerberus Capital Management LP following his resignation this week.
Tags: Automaker, Bargainer, Capital Management, Cerberus Capital, Chief Negotiator, Chrysler, Chrysler Dealer, Chrysler Group, Dealer Talks, Job, Resignation, Settlement Talks
General Motors Co.’s board is looking inside and outside the automaker for and#8220;a motivating, inspirational leaderand#8221; to be its next chief executive, said Ed Whitacre, chairman and interim CEO.
Tags: Automaker, Chief Executive, Ed Whitacre, General Motors, General Motors Co., Gm, Interim Ceo, S Board
GM Treasurer Walter Borst is the new chairman at the automaker’s Opel/Vauxhall unit. Borst, 48, takes the post vacated by Carl-Peter Forster when he quit as GM Europe president and Opel chairman last month.
Tags: Automaker, Carl-Peter Forster, Gm, Gm Europe, Opel, Opel Vauxhall, Peter Forster, Supervisory Board, Walter Borst
GM Treasurer Walter Borst is the new chairman at the automaker’s Opel/Vauxhall unit. Borst, 48, takes the post vacated by Carl-Peter Forster when he quit as GM Europe president and Opel chairman last month.
Tags: Automaker, Carl-Peter Forster, Gm, Gm Europe, Opel, Opel Vauxhall, Peter Forster, Supervisory Board, Walter Borst
The U.S. Supreme Court said today that it ordered dismissed as moot a legal challenge by three Indiana pension funds to the government-backed sale of the bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat S.p.A.
Tags: Automaker, bankrupt automaker, Chrysler, Chrysler LLC, Fiat, Fiat S.p.A., Indiana, Italian Carmaker, Led, Legal Challenge, Llc, Pension Funds, Supreme Court, U.S. Supreme Court