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Peugeot to recall about 240,000 307 hatchbacks
Peugeot will recall worldwide around 240,000 of its 307 hatchback built between 2003 and 2006. Of the 2 million cars sold, 60 percent were affected, Peugeot confirmed today to Automotive News Europe sister company Automobilwoche. Peugeot said the recall was due to insufficient sealing of the antilock brakes and ESP steering system. This could lead [...]
Ford CEO Mulally faces new challenges
He convinced Wall Street to loan him billions of critically needed cash just before the credit crunch began and he shepherded cost cuts that led Ford Motor Co. to its first profitable quarter in two years, but the honeymoon may be over for Chief Executive Alan Mulally. As he approaches his one-year anniversary running the [...]
GM cuts production at 6 plants
General Motors Corp. said Wednesday it has cut production at six plants that make large sport utility vehicles and pickups, citing fuel prices and competition in the market. The largest U.S. automaker did not specify how deep the production cuts were. But GM spokesman Tom Wickham said that starting this past Monday, the company eliminated [...]
Mercedes may sue over China Smart look-a-like
Mercedes-Benz could take legal action to stop European sales of a microcar similar to the Smart ForTwo. China Automobile Deutschland plans to launch sales of the Shuanghuan Noble microcar soon after it shows the car at next month's IAA in Frankfurt. The Noble has a design very similar to the ForTwo, except that it has [...]
Chrysler debuts next-generation minivans
The first of Chrysler's next-generation minivans rolled off an assembly line Tuesday, a critical launch for the automaker as it tries to remain the dominant player in the minivan segment and struggles to return to profitability. “This minivan is the kind of great product that sets Chrysler apart,” Chrysler LLC President Tom LaSorda told hundreds [...]
2008 Honda Accord
Set to go on sale in mid-September, the all-new 2008 Honda Accord moves the world of mainstream transportation in a refined, dynamic and sophisticated direction with an expanded range of innovative technologies designed for more power, greater efficiency and enhanced safety across the entire lineup of sedans and coupes. Completely redesigned for 2008 with increased [...]
Honda's Marysville Auto Plant at 25 Years
It's been nearly 25 years since Honda became the first Japanese company to build a car in the United States, and like the all-new 2008 Honda Accord, the Marysville Auto Plant has evolved into a wonder of technology. The first Accord produced in America – a silver-gray sedan with the license plate “USA 001″ — [...]
Grube to sit on Chrysler board
Rudiger Grube, a member of DaimlerChrysler AG's Board of Management, will represent the automaker on the board of a holding company overseeing Chrysler, a source familiar with the plan said Saturday. Grube will be a member of the Chrysler Holding LLC board, overseeing automaker Chrysler LLC and Chrysler's financial services operations, according to the company [...]
BMW sedan performs worst in crash test
The 2008 BMW 5 Series was the worst performer in new side-impact crash tests of luxury sedans by the insurance industry. The Acura RL, Kia Amanti and Volvo S80 all earned the highest safety rating from the Insurance Institute for Highway Safety, according to results released Thursday. The Cadillac STS and Mercedes E-Class earned the [...]
New Chrysler chief calls for US rate cut
The new chief executive of Chrysler, Robert Nardelli, said Thursday he believed a cut in interest rates would help re-energize the sluggish US economy. Nardelli, the former chairman of the Home Depot, who took over as Chrysler's CEO only last week, said he would have no problem endorsing an interest rate reduction by the US [...]
