Earlier this month, GM announced that the lithium-ion battery pack that delivers electric power to the Chevrolet Volt will come with an eight-year / 100,000-mile warranty. Now Nissan has announced that it will give Leaf owners a matching, eight-year / 100,000-mile battery warranty. Continue reading →

In an effort to gain legal support for letters of intent it gave to dealers who were reinstated through the arbitration process, Chrysler Group has brought suit against seven Detroit area dealers who have called the terms of the letters of intent unfair and onerous. Continue reading →

On June 29, electric car maker Tesla Motors Incorporated raised $226.1 million through the first IPO by a U.S. automaker since 1956. Investors were apparently not intimidated by the uncertainties that lay ahead for the Silicon Valley startup, whose 256-page prospectus includes a 41-page discussion of the risks. Continue reading →

Now that the Ram truck line has been spun into its own distinct division, Chrysler plans to reposition its Dodge brand. While the Ram brand will retain its iconic ram’s head logo, Dodge’s logo will get a facelift. Continue reading →

On Thursday, a spokesman for China’s Ministry of Commerce said that Zhejiang Geely Holding Group Company’s bid to acquire Ford Motor Company’s Volvo unit was recently approved by that body. Continue reading →

Appearing on ABC’s politically-polarized “The View” on Thursday, President Barack Obama said that taxpayers will recover the money invested by the federal government to bail out the U.S. auto industry. Continue reading →

China’s Zhejiang Geely Holding Company is on track to complete its purchase of Volvo Cars from Ford Motor Company next week, thus ending Ford’s part in the European luxury vehicle market. Continue reading →

Hyundai Motor Company will launch its flagship luxury model, the Equus sedan, in the U.S. later this year. Yesterday, the Korean automaker announced that American motorists will have a choice of only two trim levels, the Equus Signature and Equus Ultimate. Continue reading →

According to the National Automobile Dealers Association, the average dealer saw their pre-tax net profit nearly double during the first five months of 2010 compared with the same period last year. Continue reading →

On Monday, Audi unveiled its sleek new A7 Sportback at the Pinakothek der Moderne art museum in Munich. Continue reading →