Despite their impressive earning reports, Ford Motor Company and General Motors Company may seek to close as many as six auto assembly plants in order to further boost their profits. The closures would be a blow to the United Auto Workers union which has seen its membership fall dramatically in recent years. Continue reading →

With around 10,000 baby boomers turning 65 every day and an estimated 26 million Americans suffering from diabetes, automakers are looking to medical monitoring to drive sales. Continue reading →

Vice President Joe Biden hailed Chrysler Group LLC’s repayment of federal loans during the administration’s weekly radio and internet address. “Because of what we did,” said Biden, “the auto industry is rising again. Manufacturing is coming back. And our economy is recovering, and it’s gaining traction.” Continue reading →

A labor strike has brought production to a halt for Kia Motor Company and its affiliate Hyundai Motor Company. On Sunday, the automakers announced that labor disputes at a supplier’s facilities had led to parts shortages for some SUV models. Continue reading →

In order to meet consumer demand for more fuel-efficient vehicles General Motors Company has replaced the spare tires in some of its models with electric tire inflator kits. Continue reading →

Nissan Motor Company is sending apology letters and checks to about 4,000 U.S. consumers who recently purchased its all-wheel-drive Juke crossover. Continue reading →

The U.S. Treasury is expected to sell a large percentage of stock in General Motors after the lock-up period expires on May 22. The lockup period has prohibited major shareholders from selling their shares since the launch of the automaker’s $23.1 billion IPO six months ago. The Treasury currently holds a 32 percent stake in GM. Continue reading →

What a difference two years have made for the automotive industry. In 2009, Toyota was the undisputed leader in global sales and perceived value of its products. Meanwhile, General Motors Company, Chrysler Group LLC and Ford Motor Company were hanging on by a thread. Continue reading →

On Monday, attorneys representing more than 100 former GM executives filed a suit against the automaker in an effort to recover pension benefits they lost as the company underwent restructuring bankruptcy in 2009. Continue reading →

For 2012, Chrysler Group LLC plans to double its 300 line to include six models aimed at what the automaker says are various buyer lifestyles. Continue reading →