Remember when General Motors was sliding into bankruptcy in early 2009? Back then, it was common to hear people blast the old GM board of directors as being short-sighted, poorly run, and an example of how a board of directors should NOT function.
Right now, you might be saying to yourself, "Who is Dan Akerson? What does he know about running a car company?" Fair questions. But they may not be the most important question to ask following his selection to become the new CEO, and ultimately chairman, of General Motors.
If you thought the Federal Governments investigation of unintended acceleration in Toyota vehicles would turn up any unusual revelations, think again.
Between now and the end of the year Chrysler will roll out 15 new and refreshed models, to join the revamped Jeep Grand Cherokee. These are the horses Chrysler needs to ride if its sales (and profits) are going to improve.
When I sat down to talk with President Barack Obama at the Ford plant on the south side of Chicago, I knew he would tell me the auto industry is in far better shape because his administration stepped in last year to save GM and Chrysler.
Between the data that came out on July auto sales on Tuesday and the Toyota quarterly earnings report early this morning, there is a growing perception Toyota has weathered the worst when it comes to recalling millions of vehicles worldwide.
Every year we get the list of most targeted cars and trucks by thieves and every year it seems to be the same story. If you're driving a pint size car, don't worry...By comparison, it's those of you styling behind a Cadillac Escalade who need to realize your Luxury SUV has a target on it. And those of you with a pick-up are in a similar spot.
Now that Ford has officially completed the sales of its Volvo subsidiary to China based Geely Automotive, the world will be watching to see what happens with the famed Swedish brand. Relax Volvo fans.
As the President takes a bow in Detroit for his administration saving the Big 3, the real story in Michigan is whether the folks who run GM and Chrysler (and many of the suppliers) will remember how close they came to collapsing. They better not forget.
As soon GM announced the price of the new Chevy Volt at $41,000, I could here skeptics scoff and say, "Are you kidding me? Who will pay that for an electric car?"
Given how well things have been going for Ford, it would be easy to say the new Explorer SUV will do well simply because Ford is the hot brand right now.
Overshadowed by all the hoopla surrounding Ford posting much better than expected earnings ($.68 a share vs. Street expectation of $.40) is the story of why Ford is knocking the cover off the ball.
Calling all GM critics! It's time to once again take a shot at the government owned auto maker. And believe me, they are already firing away at the latest move from GM. Spending $3.5 billion to buy AmeriCredit Corp.
When Volkswagen CEO Martin Winterkorn announced earlier this week that VW plans to become a major player in the promising electric car market, I thought to myself, "Let's see which VW will stand behind this commitment."
Whether or not you agree with this conclusion, make no mistake GM and Chrysler did need to be restructured. If they weren't, one or both would have gone away for good or wound up broken into pieces.
President Obama travels to Holland, Michigan today to discuss the economy and hail the development of the electric car industry. His appearance at the groundbreaking of an LG Chem battery plant will include mentioning the hiring of 300 employees.
Counterfeiters have created an international, multi-billion-dollar industry by making cheap imitations of designer goods and selling them for a fraction of the price.
Were you surprised to hear the initial investigation into reports of Toyota cars and trucks suddenly accelerating were likely more a case of driver error? You shouldn't have been. The results echo what most in the auto industry, even those who are extremely critical of Toyota, have said for some time.
When I got into the Nissan LEAF for a true extended test drive here in southern California, I had a pretty good sense of what to expect: A quiet ride, good acceleration, and overall an enjoyable drive. I was wrong.
I think hiring Blankenship was a smart move by Tesla CEO Elon Musk. Blankenship has worked at Gap and Apple , two companies with retail stores customers wanted to visit. Granted getting someone into a store to check out clothes or an iPod is far different from checking out a new car. Or is it?