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Sunday, October 10, 2010

Detroit's automakers reclaiming market share

Detroit's automakers have been losing ground in their home market since 1996, but they're halting that trend this year at the expense of their Japanese rivals...More

Tuesday, October 5, 2010

Chrysler unveiled the redesigned 2011 Dodge Charger

AUBURN HILLS, Michigan — Chrysler has officially unveiled the redesigned 2011 Dodge Charger, which gets new sheet metal, a revised cockpit and a new Pentastar V6 engine. The car goes on sale in the fourth quarter....More

Friday, August 20, 2010

2012 Ford Mustang Boss 302 Anchors Dream Cruise Display

Ford Racing Performance Parts offering discount rates and on-site installation for Mustang owners; free Boss 302 T-shirts....More

GM IPO moves to reduce U.S. gov't stake

General Motors Co. filed paperwork Wednesday to hold an initial public stock offering, a landmark step toward selling shares to the public again and ending the government's majority ownership of the automaker....More

Chrysler previews new Jeep Wrangler

Chrysler Group LLC on Thursday released the first teaser photos of the 2011 Jeep Wrangler and Wrangler Unlimited, which go on sale later this year. Production of the popular off-roaders began this week in Toledo....More

Wednesday, July 21, 2010

Auto industry payback may surprise U.S. taxpayers | | Detroit Free Press

WASHINGTON -- Saving Detroit's auto industry may be a better deal for U.S. taxpayers than anyone expected.

A Free Press analysis suggests that taxpayers could get back about $74 billion of the $86 billion the government made available in 2008 and 2009 to save General Motors, Chrysler and Ally Financial, the former GMAC.


Toyota Subpoenaed Again by a U.S. Grand Jury -

Toyota Motor Corp. said Tuesday it has been subpoenaed by a federal grand jury in New York to submit documents related to problems with steering relay rods, part of an expanded investigation into the safety of its vehicles.

The subpoenas to Toyota's U.S. subsidiaries on June 29 were issued by a U.S. grand jury in the Southern District in New York. They appear to be tied to a National Highway Traffic Safety Administration investigation into whether five years ago Toyota notified the agency of a steering rod defect in a timely fashion, as required by law.Toyota Subpoenaed Again by a U.S. Grand Jury -

Wednesday, May 12, 2010

Automotive World - US: Hyundai eyes pick-up tie-up with Chrysler - report

Hyundai has reportedly proposed plans to enter the pick-up market in the US by way of a partnership with Chrysler Group LLC.
Reuters, citing unnamed sources familiar with this matter, said a proposal made by Hyundai to Chrysler earlier in 2010 involved Chrysler building a pick-up for Hyundai, based on the Ram pick-up platform.
Chrysler's chief executive officer Sergio Marchionne turned down Hyundai's initial proposal, the report said, citing its sources. He had said that Chrysler needed to focus on its turnaround plans under Fiat.
According to the sources, Hyundai continues to be interested in the pick-up market in the country, and could come back to Chrysler to explore options. These discussions at Hyundai, however, are still in the preliminary stage.Automotive World - US: Hyundai eyes pick-up tie-up with Chrysler - report

Saturday, April 17, 2010

Porsche 911 Carrera S deserves mythical label

The 911 S is a mechanical dream, watch-like precision in a car. There's a reason German engineering comes with such a glorified reputation and the 911 S proves this at every turn....more

Toyota recalls 600,000 Sienna minivans (AP)

AP - As congressional investigators dig further into potential electronic problems in runaway Toyotas, the automaker is facing other safety concerns, recalling 600,000 Sienna minivans over rusting spare tire holders....More

Wednesday, April 14, 2010

Lexus GX 460 rated 'do not buy,' Toyota halts sale

AP - Toyota Motor Corp. has suspended sales of the 2010 Lexus GX 460 after Consumer Reports warned car shoppers not to buy the sport utility vehicle because handling problems could lead to rollover accidents during sharp turns....More

Tuesday, March 9, 2010

Class-action lawsuits could cost Toyota $3 billion

Miami -- Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review of cases, legal precedent and interviews with experts.---...More