GM Recall Hits Level of Total Annual U.S. Car Sales
To appreciate the level of GM's total car recalls this year, the best measure is they have nearly matched all U.S. car and light truck sales of any kind in 2013. GM's…
To appreciate the level of GM's total car recalls this year, the best measure is they have nearly matched all U.S. car and light truck sales of any kind in 2013. GM's…
Courtesy of Fiat ChryslerThe horsepower arms race among auto manufacturers that make powerful sports cars just jumped up a notch. Chrysler’s Dodge division has released a new Challenger with a 6.2-liter V8…
No, this is not a rerun. General Motors issued another four recalls Tuesday morning for a total of 2.4 million vehicles not already included in the millions already under recall.
Courtesy of Tesla MotorsAccording the PwC’s 17th Annual Global CEO Survey, 79% of automotive CEOs believe that technological advances will transform their business in the next five years. Kind of makes you…
The National Highway Traffic Safety Administration began assessing a fine of $7,000 a day against the GM for failing to meet an April 3 deadline to respond to questions related to its…
courtesy of WhiteHouse.govBerkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio.…
Kyle Bass of Hayman Capital Management has been busy in the first-quarter portfolio changes. The value of stocks held as of March 31 was $1.042 billion. The group’s 13F filing three months…
New General Motors CEO Mary Barra has barely been in her job four months, but she could be gone almost immediately. The worse the GM recall crisis becomes, the more the board…
General Motors issued five new recall notices Thursday morning, affecting some 2.7 vehicles. The share price dipped about 1% on the announcement.
Courtesy Toyota Motor Corp.What exactly is reliability in a car? Most ratings are based on owner surveys in the first few months or first year of ownership. With the average age of…
courtesy of General MotorsLast year was a very good year for carmakers. They sold more cars — 82 million — than in any of the past five years, and sales are expected…
courtesy of ChryslerChrysler needs a spark to continue the extraordinary growth that began almost as soon as it emerged from Chapter 11 and began its relationship with Fiat. It has gotten that…
ThinkstockSome brands have stellar reputations as a result of innovation, well thought-out marketing strategies and good public relations from the companies behind them. On the other hand, weak or defective products, scandals…
At the end of the first quarter of 2014, the Toyota Corolla was the best-selling car in the world. That is not exactly earth-shattering news because the Corolla has been the best-selling…
courtesy of General MotorsIt is the flagship of Cadillac’s line — the super powerful CTS-V. Cadillac has updated virtually every other car in its line. The brute with a 556-horsepower engine languishes.…