Automakers & Suppliers
GM prices Chevy Spark EV below $20,000 after tax credits
12:01 am U.S. ET | May 23, 2013
GM will price its new Chevrolet Spark electric vehicle at $27,495, including destination charges and before federal tax credits, placing it among the cheapest EVs on the market.... Read More » Comments [0] | Recommendations [0]
Ford to shutter Australia car, engine plants in 2016
8:04 pm U.S. ET | May 22, 2013
Ford, saddled with high costs, falling sales and financial losses, will close its Australian car and engine assembly plants in 2016, ending almost nine decades of manufacturing in the country.... Read More »| Related topics: | Suppliers | Manufacturing | Shareholder Value | Surveys and Studies | Regulation and Safety | Auto Shows | Cutaways | Final Assembly | Green Car | Executives | Future Product | Vehicle Design | Management Briefing Seminars | Vehicle Technology | Europe Manufacturing | Americas | Asia | Global News | China | Europe | Eastern Europe | Western Europe | New Product | PACE Awards | Talk from the Top | Vehicle Sales |
Tesla says it paid back entire DOE loan today
10:48 am U.S. ET | May 22, 2013
Tesla Motors today said it paid off the entire balance of its federal government loan given as part of a Department of Energy program to spur development of alternative energy vehicles.... Read More »Ford, Chrysler to reduce summer shutdowns at most N.A. plants
12:01 am U.S. ET | May 22, 2013
Ford Motor and Chrysler Group said today they are scaling back annual summer production shutdowns this year in hopes of boosting output of key models in North America. General Motors declined to disclose specific summer plans.... Read More »Michael Stanton, longtime D.C. advocate for automakers, to retire in 2014
11:50 am U.S. ET | May 22, 2013
Michael Stanton, a longtime lobbyist and a driving force for automakers in public policy, plans to retire as president and CEO of the Association of Global Automakers in early 2014.... Read More »GM moving treasury office to Detroit headquarters from New York
9:35 am U.S. ET | May 22, 2013
GM said it will move its treasury office to its Detroit headquarters from New York in mid-2014, affecting about 70 employees.... Read More »Gentex CFO leaves but will work with supplier as consultant
4:02 pm U.S. ET | May 22, 2013
Gentex, a maker of rearview mirrors and electronics parts, said its CFO and vice president of finance has left the company but will remain a consultant with the supplier.... Read More »Lutz's VL Automotive, Chinese supplier bid $20 million for Fisker, report says
2:02 pm U.S. ET | May 21, 2013
A boutique carmaker led by a former GM executive Bob Lutz and China's largest auto parts supplier submitted an offer of $20 million to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters today.... Read More »Ford to maintain Canadian factory footprint despite high labor costs
12:49 pm U.S. ET | May 21, 2013
Ford is confident it can preserve its manufacturing profile in Canada despite uncompetitive operating costs tied to the high Canadian dollar, the company's top executive in the country said today.... Read More »Two Denso executives to plead guilty to price fixing, U.S. says
10:54 am U.S. ET | May 21, 2013
Two executives at Toyota-affiliated supplier Denso have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the federal Justice Department said today.... Read More »Subaru Forester tops Honda CR-V in small SUV review
9:38 am U.S. ET | May 21, 2013
The Subaru Forester small SUV beat the Honda CR-V and other rivals in testing by Consumer Reports, which ranked the model as its top pick in that segment.... Read More »Former Saab CEO Jonsson, two other execs arrested on tax charges
7:04 am U.S. ET | May 21, 2013
Three former Saab executives, including former CEO Jan-Aake Jonsson and Chief Financial Officer Karl-Gustav Lindstroem, were arrested by Swedish prosecutors in an accounting-fraud probe.... Read More »Production Data
Inventories
Marchionne apologizes for 'wop engine' comment
11:44 am U.S. ET | May 21, 2013
Chrysler-Fiat CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying at the Detroit auto show that an Alfa Romeo needed a "wop" engine.... Read More »TALK FROM THE TOP: JIM LENTZ, CEO, NORTH AMERICA REGION, TOYOTA MOTOR CORP.
Toyota streamlines decision-making for North America
12:01 am U.S. ET | May 20, 2013
Toyota President Akio Toyoda restructured the company's management this year to give more authority and autonomy to local regions. Nowhere was this more evident than in North America, where Jim Lentz, CEO of Toyota Motor Sales, was placed in charge of all Toyota sales and manufacturing for the region.... Read More »Again, Tokyo show a no-go for Detroit 3
12:01 am U.S. ET | May 20, 2013
The Detroit 3 will sit out the Tokyo Motor Show, no-shows for the third straight time.... Read More »Ex-battery maker B456 wins court approval for bankruptcy plan
3:19 pm U.S. ET | May 20, 2013
B456 Systems, the bankrupt electric-car battery maker formerly called A123 Systems, won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets.... Read More »REUTERS NEWS ANALYSIS
The road to a greener America is littered with roadkill
11:43 am U.S. ET | May 20, 2013
Apart from the recent success of Tesla Motors, the electric vehicle sector has been one of the biggest duds in clean tech. It's all part of green energy's mid-life crisis.... Read More »NEEDED: 'THICK SKIN'
GM designer knows crucial launches produce a love-hate response
12:01 am U.S. ET | May 20, 2013
Chevrolet designer Tom Peters describes the blocky, chiseled front end of the 2014 Silverado pickup as a "fist in the wind." The metaphor also could describe the resolve Peters needs to weather his critics as the lead designer for two of the most closely scrutinized vehicles on the planet: the Silverado and Corvette.... Read More »TALK FROM THE TOP: MARK REUSS, NORTH AMERICAN PRESIDENT, GENERAL MOTORS
GM seeks clean launch, regular updates for pickups
12:01 am U.S. ET | May 20, 2013
Mark Reuss, president of General Motors North America, says GM is staying vigilant on the June launch of the Chevrolet Silverado and GMC Sierra full-sized pickups, its most important rollout since the company's 2009 bankruptcy. He says GM is closely monitoring suppliers to avoid bottlenecks that could delay the launch or hurt quality.... Read More »Chrysler quality chief: Little difference now with Toyota
12:01 am U.S. ET | May 20, 2013
The quality gap between Chrysler Group's vehicles and those of Japanese automakers has become so small that it no longer should matter to consumers, Chrysler's quality chief says.... Read More »
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Special Report
 Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the United... Mon., May 20» Watch the Video |
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