Kevin has been drinking automotive fluid since the early age when he helped his father work on cars as a professional mechanic. Now he himself is a car nut starting to catch the eye of the industry with great reports

Ford reduces summer shutdown, plans to increase capacity by 200,000 units

Ford Motor Co. said will reduce summer shutdown this year by idling select plants for only one week during what has been the traditional two-week summer shutdown. The company intends to add an additional 200,000 units of annual straight-time capacity this year. It will produce an extra 40,000 units by idling select plants for only [...]

Chevrolet prices Spark EV, announces lease as low as $199/month

Chevrolet has priced the new 2014 Spark EV 1LT at $27,495, as low as $19,995 net of the full federal tax credit which ranges from $0 to $7,500, and includes $810 destination freight charge. The company announced a low mileage lease on the Spark EV for as low as $199 per month for 36 months, [...]

Tesla repays DOE $451.8M loan

Tesla Motors on May 22 said it has repaid a $451.8 million loan it received from the U.S. Department of Energy (DOE) in 2010. For the loan payment, the company used a portion of the about $1 billion in funds raised in last week’s concurrent offerings of common stock and convertible senior notes. Following this [...]

Ford to shut Australian auto plants in 2016

Ford said it will shut down its two auto plants in Australia and will end production in the country in 2016. The company cited soaring manufacturing costs and plummeting sales as reasons for this shut down. The company’s production plants are located in the state of Victoria. Ford Australia President Bob Graziano said reduced demand [...]

GM hires 110 school students as summer interns in Detroit

General Motors (GM) has hired 110 high school students as summer interns to help clean up the Detroit city, perform service projects and learn life skills, The Detroit News reports. The student interns were hired under the two-month GM Student Corps program. According to GM North America President Mark Reuss, the program would give the [...]

Former Saab execs arrested on accounting fraud charges

The Associated Press reports that three former executives of Saab have been arrested on accounting fraud charges. According to Swedish prosecutor Olof Sahlgren, these executives are “suspected of aggravated attempts to avoid tax controls” by allegedly falsifying parts of Saab’s accounts between 2010 and 2011 — a crime that carries a sentence of up to [...]

Chrysler recalls 469,000 SUVs to fix gearshift problem

Chrysler is recalling about 469,000 SUVs worldwide to fix a gearshift issue. The recall affects 2006- to 2010-model-year Jeep Commanders and 2005 to 2010 Jeep Grand Cherokees. A Chrysler spokesman said that the company was aware of 26 accidents and 2 injuries related to the gearshift problem but no fatalities. Also, Chrysler is recalling 532 [...]

BMW recalls 220,000 vehicles over airbag issue

BMW is recalling about 220,000 vehicles worldwide from model years 2002 and 2003 due to problems with airbags made by Takata Corp. The recall includes BMW’s 3-Series sedans, coupes, convertibles and station wagons. “The Takata-made airbags for the front passenger seat may not inflate correctly because of a manufacturing defect in the propellant used in [...]

Acura to build NSX production plant in Ohio

Acura said it has selected a new site for a new performance manufacturing center in Ohio where it will build the all-new NSX supercar. The company will invest $70 million to develop a new manufacturing facility that encompasses 184,000 square feet. The center will be housed inside Honda’s former North American Logistics facility and located [...]

Subaru recalls 5,379 Outback and Legacy due to steering loss issue

Subaru is recalling about 5,379 Outback and Legacy vehicles because “the inner and outer shafts of the steering column assembly may become disengaged from one another.” The affected 2013 model vehicles were manufactured from Feb. 15, 2012, through June 15, 2012. If the shafts become disengaged, the driver would lose the ability to steer the [...]