Category: Industry
Bloomberg is reporting that General Motors barred reporters from emailing, photographing or videoing monitors set up in a special media room during their annual shareholder meeting. Read More >
After a troubling first third of 2014, passenger car sales in May were resurgent in large part because of big numbers achieved by small cars. Overall car sales were down 2% through the end of April, but with a 9% year-over-year May increase (in a longer month with an extra weekend), there have now been a few more cars sold in the first five months of 2014 than during the same period one year earlier.
Reuters reports the lawsuits filed against General Motors over its decade-plus handling of the ignition switched linked to 13 fatalities and 54 accidents will all be reviewed by U.S. District Judge Jesse Furman in the Southern District of New York, as ruled Monday by the U.S. Judicial Panel on Multidistrict Litigation. The panel determined New York to be the appropriate venue for the hearings based upon the court’s handling of the 2009 bankruptcy that allowed the automaker to shed its former self, liabilities and all. The lawsuits to be heard by the bankruptcy judge involve economic damages, suits GM wants the judge to determine if they are blocked by the liability protections established upon its exit from bankruptcy.
If the highways appear to be filled with vehicles built during the middle years of Bush II’s first term, your eyes are not deceiving you: IHS Automotive says the average age of a given vehicle on the road has remained at 11.4 years at the end of 2013.
For owners of PHEVs and EVs like the Nissan Leaf and Chevrolet Volt, the prospect of putting away the cord for wireless induction charging grows with each passing year, doubling per year toward the next decade.
Ever wanted your own Tesla, but didn’t have the thousands of dollars to order one? The automaker could soon make your dream possible by providing the patents to anyone who wants to make their own Tesla-based EV.
Today’s installment of Quote of the Day comes from Mark Adams, design chief for Opel/Vauxhall and creator of the Monza concept, which is expected to set the design direction for the two brands in the near future – assuming that regulations don’t get in the way.
Though the United Auto Worker’s fight for organization of the transplants in the Southeastern United States rages on, the union will not be taking as much from its war chest to fund the fight than in previous years.
Earlier this spring, Tesla ceased direct-sales at its two New Jersey showrooms due to enforcement of state law that prohibited such sales from auto manufacturers. That may soon change once a bill that would allow direct-sales to begin again comes to a vote before the New Jersey Assembly.
In light of high demand in the United States for its offerings, Kia will build its first Mexican plant in Monterrey to help bring additional capacity to North America.
Toyota is wasting no time in moving forward toward a hydrogen future, announcing it will build its FCV Concept-based fuel-cell sedan this December, with sales coming just in time for the big-red-bow-tie Christmas 2014 sales extravaganza.
As more vehicles come with infotainment systems mounted in the dashboard console, consumers are beginning to face the issue of losing privacy behind the driver’s seat.
Ford is in a transition phase: readying the new 2015 F-150 while trying to sell the old model as often as possible. This requires knowing just how many F-Series pickups dealers will need in the weeks leading up to the new model’s introduction.
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