GM plans to buy back preferred stock from UAW retiree trust
General Motors plans to pay $3 billion to buy back nearly half of the preferred stock owned by the UAW Retiree Medical Benefits Trust,...
Special Limited-edition Fiat 500 Reserved Exclusively for Fiat Fans
Fiat fans attending the annual convention of the Club Fiat-Lancia Unlimited were given a special surprise when the head of Fiat North America arrived...
Ford’s Lincoln Brand To Make Debut in China
Ford announced that it is working to bring its Lincoln luxury brand to China by the end of 2014.
The automaker has selected 10 or...
10,000th Audi TT 2.0 TDI leaves the assembly line
The Audi TT 2.0 TDI’s sales success proves that dynamism and efficiency are not mutually exclusive. On the contrary, this modern combination appeals strongly...
Ford Reports $1.3B Net Income in 3Q
Ford reported third-quarter net income of $1.3 billion, beating Wall Street’s expectations.
The company’s revenue for the July through September quarter rose 12% to $36...
GM unveils 2015 Corvette Z06
General Motors has revealed the 625-horsepower 2015 Chevrolet Corvette Z06 on Monday, The Detroit News reported.
GM North America President Mark Reuss said the 2015...
AAA names Kia Soul as “Top Vehicle Picks for Dog Owners”
The 2010 Kia Soul urban passenger vehicle recently was named to the "Top Vehicle Picks for Dog Owners" list by AAA, North America's largest...
Acura August Sales Up 24 Percent
Acura announced sales for August 2010 reached 11,534 vehicles, an increase of 24.6%*, making it the seventh consecutive month Acura posted double digit sales...
Chevrolet Caprice PPV Busts Competitors in Driving Tests
Law enforcement testing finds the all-new 2011 Chevrolet Caprice Police Patrol Vehicle (PPV) is faster from zero to 60 and zero to 100 miles...
Ford eliminates about 950 jobs in Russia
Due to a weak demand in the country, Ford Motor’s Russian joint venture is cutting about 950 jobs at two factories, Bloomberg News reports.
Ford...
