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After selling his San Francisco high-tech start-up several years ago, Murtaza Hussein decided to reward himself by buying a new BMW Z4 roadster, but he quickly realized the two-seater had limited functionality and was sitting unused in his garage most days.
Signing bonuses, profit sharing checks and inflation protection aside, Ford is billing its union as a significant step forward in its bid for competitiveness — and CEO Alan Mulally’s goal of rebuilding the carmaker’s credit rating.
In a sudden reversal, General Motors’ OnStar subsidiary has backed down on plans to keep monitoring customers even when they choose to unsubscribe from the in-car telematics service. But the service will still maintain the right to track active customers.
Jobs — and not necessarily cash, or new benefits — have proved to be the centerpiece of the new four-year contract agreed between the United Auto Workers union and General Motors.
- Stock markets around the globe are plunging, consumers are retrenching and the threat of another recession seems to be on everyone’s mind these days.
Whether you know him as “Maximum Bob,” “Capt. Lutz, USMC-Retired,” or simply “Bob,” few executives have had as long or as influential an impact on the automotive industry as Robert A. Lutz.
“This launch is very important for our company,” proclaimed Akio Toyoda as he walked into the heart of the Georgetown, Ky., assembly plant that just started to build the new 2012 Toyota Camry.
The sky’s the limit with the new Cadillac Ciel concept car — or so it might seem with the striking convertible that hints at the future flagship model under development at the General Motors luxury brand.
Will American motorists — never mind those in Germany and the rest of Europe — take to the latest generation of the Volkswagen Beetle?
Mazda is offering a sneak peek at its new crossover, the CX-5, which will make its debut at next month’s Frankfurt Motor Show. While the sculpted styling reveals the practical application of the Japanese maker’s new Kodo design language, what really matters is hidden under the hood.
Used car sales hit "blockbuster" proportions in July, according to one key industry analyst.
UAW President Bob King has a notorious aversion to wearing ties. But his choice of garb was particularly significant when the labor veteran and his union bargaining team met with their counterparts from Chrysler Monday to begin contract talks covering 23,000 hourly workers. Both sides, in what they described as a show of solidarity, walked out in matching maroon jackets.
With buyers waiting in long lines, Nissan is honoring the law of supply and demand, raising the price of its new Leaf battery-electric vehicle by 7.4 percent for the upcoming 2012 model-year.
Betting that it’s better late than never, Toyota is readying the roll-out of the second hybrid to carry the name Prius out onto the U.S. market. The move is expected to be followed by the introduction of an entire “family” of Prius-badged offerings.
For the first time in years, a U.S. automaker has topped the passenger car sales charts.
The White House appears to be looking for a way to compromise on future fuel economy increases, but it remains to be seen whether planned new mileage rules will satisfy those on either side of the debate.
The devastating earthquake that rocked Japan March 11 not only destroyed the land and lives of thousands but also shook up the established order in the global automotive industry.
At a meeting with members of the media last month to mark the repayment of the automaker’s $7.5 billion in government bailout loans, Chrysler’s new CEO Sergio Marchionne remarked that it’s not often that you get a second chance in life.
If you’re desperate to get yourself into a Chevrolet Volt you might make a visit to the Kia dealer in Glendale, Calif. Though most Chevy dealers in the seven initial launch markets for the plug-in hybrid claim to be on back order, three “used” Volts are sitting on the Kia dealer’s lot.
It doesn’t take much to bring an automotive assembly line to a halt, according to John Mendel, CEO of Honda’s U.S. subsidiary, even “something as small as a speedometer needle.”
After a quarter-century absence, Volkswagen officially began producing cars in the U.S. again this week. The $1 billion operation, in Chattanooga, Tenn., is expected to roll out about 150,000 copies of the German maker’s new Passat sedan by the time it gets fully up to speed next year.
Barring yet another last-minute hitch, cash-starved Swedish automaker Saab should have a new partner — and as much as $170 million in cash coming from its deal with Chinese auto retailer Pangda.
It’s been 50 years since the Jaguar E-Type revolutionized automotive design, and now the British carmaker is shaking things up again with the announcement that it will put its widely acclaimed C-X75 concept vehicle into production.
With gas prices pushing past the $4-per-gallon mark, fuel economy has become a big issue for car buyers and carmakers alike. Yet many U.S. motorists still seem reluctant to embrace the sort of pint-sized vehicles that have become commonplace in markets like Europe and Japan.
As they moved north into the unknown, the team filled the trunks of their cars with whatever food and water they could find. They had no idea what they might soon face, and indeed, they spent the next few days sleeping inside their cars, surrounded by desolation.
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