Last Wednesday, Toyota Motor Corporation announced that it will begin replacing the accelerator pedals on about 4 million recalled vehicles next April. Beginning in January, consumers may take their recalled vehicles to Toyota dealers who will shorten the existing gas … Continue reading →

Addressing journalists at a recent forum on automotive buying habits, Ford Motor Company’s manager of sales analysis George Pipas said the trend is toward smaller vehicles. “What’s taking place,” Pipas said, “is a compromise between want and need. Our view … Continue reading →

Despite the Obama administration’s assertions that it will not involve itself in the management of GM and Chrysler Group, Congress appears compelled to weigh in on the ongoing dispute between the automakers and rejected dealers. An October 30 Wall Street … Continue reading →

Koenigsegg Group AB will not be buying Saab from General Motors as was planned. In a statement concerning the collapsed deal, GM CEO Fritz Henderson said, "We’re obviously very disappointed with the decision to pull out of the Saab purchase. … Continue reading →

In stark contrast to this year’s other high profile auto shows that seemed almost single-mindedly focused on smaller, more affordable vehicles, China’s Guangzhou Auto Show, being held this week in Shanghai, is serving as the backdrop for automakers to showcase … Continue reading →

After years of declining sales and shrinking market share, General Motors appears poised to revolutionize the ailing auto industry with its introduction of the Chevy Volt. The Volt, which is set to launch next year, differs from other gas-electric hybrid … Continue reading →

A report issued by independent global credit rating firm, Fitch Ratings, finds that U.S. automakers may face a future fraught with repetitive bankruptcies caused by weak demand and excess production capacity. In its annual auto industry outlook, the Fitch report … Continue reading →

General Motors’ president of China operations, Kevin Wale, expects to see a dramatic decline in sales as Beijing winds down its stimulus programs in 2010. Speaking with Reuters on Monday, Wale said the company expects next year’s sales in China … Continue reading →

On November 16, General Motors began sending letters to nearly 1 million customers of their rejected dealers offering incentives of $1,000 to $2,000 on most models in its four surviving U.S. brands. The letters state that the amount of the … Continue reading →

The arrival of the electric vehicle era is just around the corner. 2010 will see the launch of the Nissan LEAF all-electric car, the Chevy Volt plug-in hybrid and a new plug-in version of Toyota’s Prius gas-electric hybrid. In addition … Continue reading →