GM has notified its dealers that they may provide owners of models identified as having the ignition switch defect with towing service, a loaner car and an offer of a $500 cash…
Paul Ausick Despite there being a good possibility that GM will not face any legal liability for the 13 deaths caused by an ignition defect in 1.4 million cars built between 2003 and 2007,…
Trey Thoelcke These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, March 12, 2014. They include AIG, General Motors, Rite Aid, Synta Pharmaceuticals and Walt Disney.
Toyota has been named the world's most valuable car brand, according to a new study by Brand Finance. Immediately behind it are three German brands: BMW, Volkswagen and Mercedes-Benz. No American brand…
VIA Motors Inc.Volvo may be one of the world’s smallest car companies, but it has created a big footprint in the self-driving vehicle business, led by cars that park themselves. Its latest…
New Jersey is not the only state in which Tesla Motors has run afoul of established automobile dealerships. The company's direct sales model is the issue, and many states have either banned…
GM's recall of 1.6 million vehicles could prove to be one of the most costly in automotive history. The legal liability triggered by perhaps thousands of personal injury lawsuits also may damage…
General Motors on Monday hired Anton Valukas, chairman of law firm Jenner & Block, to lead its internal investigation of the company's handling of complaints that led to at least 13 deaths…
Paul Ausick ThinkstockGeneral Motors Co. (NYSE: GM) has recalled 1.6 million cars worldwide to repair a defect that led to 13 deaths. According to a report in The New York Times, the National Highway…
Paul Ausick UPS announced Wednesday morning that it will purchase 1,000 propane-fueled package delivery trucks and install 50 propane fueling stations at a cost of around $70 million. But UPS may not save a…
Ferrari SpAAmerica’s richest consumers continue to be aggressive buyers of new high-end cars, as sales figures from February show. Jaguar led the way among the larger manufacturers with sales of 1,552, up…
Courtesy Volkswagen AGVolkswagen’s effort to gain a foothold in the U.S. car market failed again in February. Sales of VWs dropped 14% to 27,112. Total car and light truck sales among all…
Research firm J.D. Power evaluated 600 brands across nine industries and came up with a list of 50 2014 Customer Champions. The list includes seven health care companies, two airlines and four…
courtesy of Chrysler GroupAutomakers reported February U.S. sales throughout the morning Monday, and there were winners and losers. Chrysler and Nissan posted solid year-over-year gains, while other makers put up lower numbers.…
ThinkstockU.S. trade with Russia amounted around $33 billion in 2013, down from around $40 billion the year before. Russia had a tough year and, the Winter Olympic Games notwithstanding, 2014 is shaping…
