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Vehicle Sales Climb 8% in U.S.
6/3/2013Automakers delivered 1.44 million cars and light trucks in the U.S. last month compared with 1.33 million in May 2012, according to Autodata Corp.
U.S. Auto Sales Climb 8%, Buoyed by Big Pickups
6/3/2013Automakers delivered 1.44 million cars and light trucks in the U.S. last month compared with 1.33 million in May 2012, according to Autodata Corp.
Fuel Tank Leaks Prompt Ford to Recall 466,000 Vehicles
6/3/2013Ford Motor Co. is launching a global recall to replace a leaky fuel tank module in 466,000 of its vehicles, including 412,600 in the U.S. and Canada.
Engine Developer Fined by SEC for Misuse of Funds
6/3/2013The U.S. Securities and Exchange Commission has issued a cease-and-desist order against engine developer Scuderi Group Inc. for selling unregistered securities and misusing corporate funds
NHTSA to Decide by Year-End on Automatic Braking Rule
6/3/2013A decision about whether to mandate automatic braking systems for light-duty vehicles is likely from the National Highway Traffic Safety Administration by the end of 2013, The Detroit News reports.
Detroit Electric Delays EV Production
6/3/2013Detroit Electric Inc. opened its headquarters in Detroit in April and declared it would begin selling its $135,000 electric sports car in August.
Great Wall Motor Aims to Top Jeep in SUV Sales
6/2/2013China's Great Wall Motor Co. says it has set a goal for its Haval brand to surpass Chrysler Group LLC's Jeep marque as the world's top seller of SUVs within four years.
Hedge Funds Seek Court Mediation of “Old GM” Dispute
6/2/2013Hedge fund firm Paulson & Co. has asked the federal judge who oversaw the bankruptcy of General Motors Co. to appoint another judge to mediate a settlement of its dispute with the trust that administers the assets GM cast off in bankruptcy.
Automatic System Recharges Electric Buses in 15 Seconds
5/31/2013A new ultra-fast system that can recharge an electric bus in 15 seconds has begun tests in Geneva, Switzerland.
GM Joins Its Rivals in Faster Model Updates
5/31/2013General Motors Co. will refresh its cars and trucks more frequently than it did in the past, especially when there is competitive pressure or sales are "tapering off," says Mark Reuss, president of GM's North America unit.