Daily Email Thursday

Nader's advice for Barra: Create an ombudsman for engineers

4:16 pm U.S. ET | April 3, 2014
Consumer advocate Ralph Nader says General Motors CEO Mary Barra should create an independent ombudsman for engineers “who have been muzzled by their cost-concerned bosses.”... Read More »

 

KRISHNAN M. ANANTHARAMAN

We need more bite from our safety watchdogs

3:59 pm U.S. ET | April 3, 2014
Over the course of two blistering hearings, General Motors CEO Mary Barra proved she has a lot to learn about the optics and political dynamics of Washington. For a lesson, she might call up David Friedman.... Read More »

 

2014 NEW YORK AUTO SHOW

Kia preps 8-passenger MPV for New York

3:48 pm U.S. ET | April 3, 2014
Kia said it plans to reveal what should be a successor to its Sedona minivan at the New York Auto Show this month. Kia released a teaser image today of what it calls an “all-new midsize multi-purpose vehicle” that can seat up to eight passengers set to debut in New York.... Read More »

 

GM hires Clinton administration crisis expert for recall advice

10:57 am U.S. ET | April 3, 2014
General Motors has retained crisis-communications expert Jeff Eller as it builds a team to help respond to the recall of small cars with faulty ignition switches tied to 13 deaths.... Read More »

 

Average fuel economy of new U.S. vehicles rises to 25.4 mpg

2:24 pm U.S. ET | April 3, 2014
The average fuel economy of new light vehicles sold in the United States in March rose to 25.4 mpg, according to University of Michigan researchers, the highest since the researchers began collecting data in October 2007.... Read More »

 

THE GM RECALL

Bailout task force unaware of GM faulty switches, report says

7:39 am U.S. ET | April 3, 2014
The task force President Barack Obama set up to manage General Motors' bailout and bankruptcy in 2009 wasn't aware of the faulty ignition switches linked to 13 deaths in small cars, people familiar with the matter told Bloomberg.... Read More »

 

Comedian Jon Stewart rips GM over ignition switch recall

9:46 am U.S. ET | April 3, 2014
Last night on Comedy Central's The Daily Show with Jon Stewart, the faux news-anchor and popular comedian targeted General Motors in a segment related to GM's ignition switch recall.... Read More »

 

GABE NELSON

Lawmakers want heads to roll, and won't excuse Barra

5:56 pm U.S. ET | April 2, 2014
Judging from the rough reception GM CEO Mary Barra encountered on Wednesday from the Senate Commerce Committee's consumer protection panel, it was clear that this is just the start of GM's reckoning on Capitol Hill.... Read More »

 

Ally Financial CEO Carpenter won't get pay hike, U.S. Treasury says

7:41 pm U.S. ET | April 2, 2014
The Obama administration is holding the total compensation unchanged this year for the head of bailed-out auto lender Ally Financial, the Treasury Department said on Wednesday.... Read More »

 

BMW X7 poised to make S.C. plant an even bigger manufacturing powerhouse

2:30 pm U.S. ET | March 27, 2014
BMW's next expansion at its Spartanburg, S.C., plant and the addition of the X7 crossover will mark another milestone for a factory that's become a centerpiece of BMW's global manufacturing strategy. Since producing its first car 20 years ago, Spartanburg has expanded to rank as the industry's biggest producer of vehicles exported from North America, according to BMW.... Read More »

 

Bill Ford says UAW's Gettelfinger deserves more credit 'for helping save Ford'

11:40 am U.S. ET | March 27, 2014
Ford Motor Executive Chairman Bill Ford today credited the UAW for helping to “save” the automaker and stood by the track record of Ford's dealer network as Tesla Motors pushes its direct-sales model.... Read More »

 

Ally Financial IPO could generate $2.7 billion for U.S. Treasury

9:00 am U.S. ET | March 27, 2014
Ally Financial, the former GMAC auto lender rescued by the federal government during the 2008 financial crisis, is helping the Treasury Department divest its stake by seeking as much as $2.7 billion in an initial public offering.... Read More »

 

JIM HENRY

Ally takes step toward 'free at last' with IPO

12:01 am U.S. ET | March 27, 2014
It's been a long time coming, but Ally Financial finally filed for its initial public stock offering today -- another step in a long process toward becoming a truly independent company.... Read More »

 

GM urged to warn owners not to drive recalled models

3:27 pm U.S. ET | March 27, 2014
GM should promptly warn consumers not to drive GM cars recalled because of faulty ignition switches that can unexpectedly turn off engines and airbags as the vehicles are running, Senator Richard Blumenthal of Connecticut said.... Read More »

 

GM: Calls to customer service have doubled since recall

10:49 am U.S. ET | March 27, 2014
Calls to a GM customer call center in Warren, Mich., have more than doubled during peak hours since the automaker recalled 1.6 million small cars with faulty ignition switches linked to a dozen deaths.... Read More »

 

Superior Industries names chair, 2 interim co-CEOs

3:19 pm U.S. ET | March 27, 2014
Aluminum wheel supplier Superior Industries International has appointed a new chairman and two interim co-CEOs as it continues to search for a permanent replacement for retiring Chairman and CEO Steven Borick.... Read More »

 

VW reassigns Chattanooga plant chief Fischer amid management shuffle

11:20 am U.S. ET | March 27, 2014
Frank Fischer, who has led Volkswagen AG’s operations in Chattanooga since the automaker announced its return to manufacturing in the United States in 2008, has been reassigned to lead an assembly plant in Germany, the company announced today.... Read More »

 

DAVID PHILLIPS

Why Toyota will buck convention with '15 Camry update at N.Y. show

10:53 pm U.S. ET | March 26, 2014
It's been rumored for months and now it's official. Toyota is updating the Camry for 2015 and will use the media glare of the New York Auto Show next month to showcase its latest mid-sized sedan.... Read More »

 

GM’s new recall risk: replacement ignitions

4:30 pm U.S. ET | March 26, 2014
As General Motors recalls 1.6 million vehicles that have defective ignition switches linked to at least 12 deaths, it faces another potential risk -- this time in the spare parts market. Repair shop owners say it is still possible to purchase GM brand ignition switches manufactured by Delphi Automotive carrying the same parts number as the product at the center of the recall.... Read More »

 

RICHARD TRUETT

GM's new head of powertrain 'loves' diesels

4:23 pm U.S. ET | March 20, 2014
"I love diesels.” There's one clue to how General Motors' new head of global powertrain, Steve Kiefer, might steer future engine development.... Read More »

 

Akio Toyoda calls recalls a turning point for company

11:45 am U.S. ET | March 20, 2014
A day after his company agreed to pay a record $1.2 billion to settle a criminal probe into safety issues, the head of Toyota Motor Corp. called the preceding recalls a turning point for the carmaker. The recalls marked a shift in how Toyota and the industry think about safety, President Akio Toyoda said. It's no longer just about passing regulations but about delivering a sense of security.... Read More »

 

U.S. judge approves Toyota's $1.2 billion unintended acceleration deal

1:50 pm U.S. ET | March 20, 2014
A U.S. judge approved a deferred prosecution agreement with Toyota Motor Corp. on Thursday that resolves an investigation into safety issues and could serve as a model in a similar probe of General Motors.... Read More »

 

Google co-founder would send his money to Tesla's Musk

3:38 pm U.S. ET | March 20, 2014
Google CEO and co-founder Larry Page says that when he dies he has a plan for where his billions should go -- not to charity, but to people like Tesla founder Elon Musk.... Read More »

 

Japan auto demand to slump after sales tax hike, JAMA says

12:01 am U.S. ET | March 20, 2014
Japanese auto deliveries will drop 16 percent in the year starting April 1 as a sales-tax increase damps demand, an industry group estimates.... Read More »

 

Cold weather dents U.S. sales forecast for 2014

10:45 am U.S. ET | March 20, 2014
Industry consultants LMC Automotive and JD Power said they cut their joint 2014 forecast for auto sales in the United States to adjust for slow sales in January and February due to cold weather. The forecasters estimated that sales would be 16.1 million this year, down from their previous forecast of 16.2 million.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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