Asian shares turned mixed late Thursday, as mainland equity markets fell sharply in the afternoon session.» Read More
Let's be clear, Chris Liddell is not being hired JUST to be General Motors CFO. Sure, he'll get that title and hold that job for several months, but his future at GM will go way beyond overseeing the company's financial operations.
Though some progress has been made with electric and hybrid vehicles, battery technology remains deficient, especially for the critical long-haul segment of the business.
On a regular basis, I get e-mails from people saying we spend too much time focused on GM surviving, Ford being on a roll, or the development of electric cars.
What must former GM Chairman and CEO Rick Wagoner be thinking? In less than a year most of what he built in his tenure as GM CEO and before that on the GM Board has been completely dismantled. The final piece coming today with current GM Chair and CEO Ed Whitacre announcing Saab will be wound down.
For A123 investors, it's been a nice two-day run. The stock is surging today after a 5% gain on Wednesday, as the U.S. battery maker announces a joint venture in China with SAIC Motor Corp.
The comments this week by Audi of America President Johan de Nysschen about President Obama's administration pushing electric cars is one that will no doubt get the attention of many in the auto industry.
There are two types of emails I get about Ford: The first comes from those who think we don't give Chief Executive Alan Mulally and his team enough credit for the turn-around they are executing at the auto maker. I chuckle reading these...
The leadership changes at GM keep coming. The latest, two new people running Chevrolet as well as Buick/GMC are out.
Volkswagen, the world's #3 automaker may not be a brand with much pull here in the U.S., but around the world it's flexing its muscle. In the last two days it has struck two deals that should go a long ways towards helping the German automaker eventually pass Toyota to become #1 in the world.
One week after taking over the GM CEO job, Ed Whitacre finally took questions from reporters about the troubled automaker, his goals for the company, and the culture change he is leading at General Motors
With GM now searching for a permanent CEO, the hunt will be unlike any the auto industry or the folks in Detroit have seen before.
November will not go down as a month to remember in the auto business. And it shows how the hoped for rebound in auto sales will be much like waiting for a rebound in jobs: it will require patience.
One week after I blogged about the lack of outcry from Saab owners over the impending demise of the beloved brand of cars, supporters of the Swedish company are being loud and vocal in telling me to get a clue. In general, they think I haven't done my homework and haven't given enough credit to the Web sites devoted to saving Saab like Saabs United.
President Barack Obama's plan to announce the U.S. will cut its greenhouse emissions 17% by 2020, may finally kill off those who continue to believe new fuel efficiency and tailpipe emission standards for autos will never reached stated goals.
A month and a half after announcing a safety recall of 3.8 million vehicles as risk of having accelerators trapped under floor mats, Toyota has a plan to fix the problem.
Remember the good old days? The days when auto shows were major events where an automaker could generate buzz with new models? Where you could see the public's appetite for new cars and trucks? Next week we'll see if auto shows still have the magical pull or if the pall over last years auto show season lingers into this year’s slate of shows.
We're now roughly a year away from the much hyped, much anticipated Chevy Volt going on sale and GM is starting to take the wraps off its extended range electric car. This week I was the first journalist to get an exclusive test drive of a Volt model similar to what we'll see in showrooms next year.
As Chinese automaker Geely closes in on completing its purchase of Volvo from Ford, two things strike me; The lack of concern among those in the auto business and the lack of paranoia by those outside the industry.
Today Daimler is launching car2go in Austin, Texas. But make no mistake, this is just the start of automakers and rental car companies either jumping into or expanding their car sharing programs.
Almost 90 days after coming out of bankruptcy, General Motors is showing signs of getting healthy and moving closer to getting back in the black. And there's no doubt, the "new" GM is doing far better than the old GM.