DETROIT, March 6- Ford Motor Co Chief Executive Alan Mulally was awarded performance bonuses for 2013 worth $13.8 million, the No. 2 U.S. automaker disclosed to U.S. regulators on Thursday.» Read More
A proposal to fund $25 billion in low interest loans to the auto industry was included on Monday in draft legislation that could be considered by the U.S. Congress later this week.
Over the last six months as I've filed numerous stories about the Chevy Volt, Nissan's plan to build an electric car, and Ford's focus on increasing fuel efficiency, I have heard the same thing from you: That's great, but what's Toyota doing?
You know what I've heard a lot this week? Auto sales will stay weak through 2010. This has me wondering where the buyer has gone, and why some are convinced the buyer won't come around anytime soon.
I admit e-mail responses from bloggers and readers is not a scientific sampling. I admit these answers may only represent a small portion of the public.
Long before General Motors unveiled its new electric car, the Chevy Volt, there was a buzz around GM that this car should be a winner. That's right, I used the words: should be. Predicting any car will be a hit is often a fool's game.
Today marks the last day of General Motors first 100 years. While the company will mark the occasion tomorrow by unveiling it's new electric car, the Chevy Volt, I have a much more sobering question:
General Motors Corp. said Friday it delivered a hydrogen fuel cell electric vehicle to the Environmental Protection Agency as part of a market test for the technology.
CEOs from various industries gathered to talk about the recent events in the economy and its affects on their companies. Watch the following videos for what each had to say.
When Ford CEO Alan Mulally sat down with me and the anchors of "Squawk Box" this morning, his candid comments about federal loans to automakers show congress is likely to lend the money. As I've said before, I think it's money well spent.
In May 2008, the Ford F-150 truck, which had been the best-selling vehicle in the country for two decades, lost its title to the fuel-sipping Honda Civic.
Almost every day I get an e-mail from someone that says something along these lines: Why doesn't GM build better quality cars?
Already I've read some blog comments saying the Volt looks "boring" and "too much like a Toyota Prius." While the Volt's design is more conventional, the public forgets that there is a reason for that "softer", "less edgy" design.
Talk about a tough time to come out with a new truck. The economy is struggling, the housing market is in the tank, high gas prices have spooked buyers out buying big rigs, and there's little enthusiasm for new models (unless they're hybrids).
A friend of mine said something the other day that surprised me. He said nothing, and I mean nothing, gets him stoked about the latest models out on the road right now. I suspect it's because he is like many other people and is tired of seeing cars touted for their fuel efficiency more than anything else.
As layoffs accelerate and job creation slows, it's no wonder that more Americans are worried about their job security.
Stephen A. Feinberg, one of the country’s most powerful — and secretive — financiers, hoped to make a fortune out of the detritus of the American auto industry. Instead, he seems to be losing one, reports the New York Times.
Much of Chryslers slump can be blamed on the fact trucks and SUVs have fallen out of favor because of high gas prices. And since Chrysler has the greatest exposure (percentage wise) to the so-called "gas-guzzlers" among the Big 3, it's suffering big time.
The New York Times seems to think so. But here's our case for their widespread adoption coming much, much sooner.
This morning BMW's president for North America told me something that might surprise more than a few people in the auto industry.
You can save big money on your next set of wheels if you buy at auction. Here's how.