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,...
Toyota prepares to roll out pedal repairs
Toyota readied an announcement Monday on repairs for millions of recalled vehicles affected by faulty accelerator pedals, as executives of the world's biggest carmaker...
Top VW exec Jacoby may jump to Volvo
Stefan Jacoby, the head of Volkswagen AG's North American operations, is going to work for a Chinese car company at an awkward time for...
Ram Power Days
Chrysler Group LLC announced a special sales event that has coined the month of September, "Ram Power Days." During the event, special incentives will be...
Toyota Looks to Increase Production Sooner Than Expected
Following the tragic March 11 earthquake and tsunami in Japan, Toyota USA cut down production to 30 percent of its normal rate. This was due to...
Turn 10 Studios Launching Forza Racing Championship To Compete Against Gran Turismo Sport
With Gran Turismo Sport making waves in the automotive circles thanks to its unique take on simulation racing as a sport, Forza Motorsport has...
Allan McNish Crashes his Audi R18 TDI at Le Mans
If you have been keeping up with the Auto News today then you probably know that Audi did not have a great day at...
AMG Launches New Twin-Turbo Direct-Injection V8
For 2011, AMG is introducing its own special version of a new Mercedes-Benz V8 engine that produces more power while getting better fuel economy...
Saab Files For Voluntary Reorganization
Swedish Automobile N.V. and its child, Saab Automobile, have filed for voluntary reorganization. The process will be self-managed but under the supervision of Swedish...
Gas prices jump a penny overnight
Gasoline prices extended their upward climb Tuesday, jumping another penny overnight...
