Tag: automaker
2010 Likely Busiest Year for Auto Recalls in Seven Years
by David Schepp on Dec.29, 2010, under Towing
2010 may be the year of the car recall, with the U.S.’s six-largest suppliers recalling more than 19 million vehicles over the last 12 months. Toyota, which recalled about 7 million cars this year, tops the list. General Motors, at about 4 million, came in second.
Continue reading 2010 Likely Busiest Year for Auto Recalls in Seven Years
2010 Likely Busiest Year for Auto Recalls in Seven Years originally appeared on DailyFinance on Wed, 29 Dec 2010 10:15:00.
Filed Under: Company News, Technology, Ford Motor Co, Toyota, General Motors, Autos, Chrysler
Ford’s Bond Conversion Plan Cuts Its Debt by $1.9 Billion
by DailyFinance Staff on Nov.24, 2010, under Towing
Ford Motor announced Wednesday that it had reduced its debt by $1.9 billion after note-holders converted their debt into 274 million shares of common stock. The automaker’s annual interest expenses will be reduced by $180 million because of the lower debt.
Continue reading Ford’s Bond Conversion Plan Cuts Its Debt by $1.9 Billion
Ford’s Bond Conversion Plan Cuts Its Debt by $1.9 Billion originally appeared on DailyFinance on Wed, 24 Nov 2010 15:58:00.
Filed Under: Company News, Investing, Ford Motor Co, Autos
General Motors May Raise Its IPO Price
by David Schepp on Nov.15, 2010, under Towing
GM reportedly plans to raise the price range on its pending initial public of stock to as much as $33 a share. The increase to $31 to $33 a share from the initial $26 to $29 a share is being prompted by strong demand for the stock.
Continue reading General Motors May Raise Its IPO Price
General Motors May Raise Its IPO Price originally appeared on DailyFinance on Mon, 15 Nov 2010 13:35:00.
Filed Under: Company News, Economy, Investing, General Motors, Autos
Toyota Wants Unintended Acceleration Lawsuits Thrown Out
by David Schepp on Nov.02, 2010, under Towing
Toyota has asked a federal court to dismiss lawsuits seeking damages related to the recall of millions of vehicles for possible unintended acceleration. The automaker has a simple argument: No one has ever demonstrated what is wrong with Toyota’s cars, if anything.
Continue reading Toyota Wants Unintended Acceleration Lawsuits Thrown Out
Toyota Wants Unintended Acceleration Lawsuits Thrown Out originally appeared on DailyFinance on Tue, 02 Nov 2010 14:00:00.
Filed Under: Company News, Technology, Toyota, Autos
Honda, Isuzu Recall SUVs for Suspension Problems
by David Schepp on Oct.04, 2010, under Towing
Honda Motor (HMC) and Isuzu Motors are recalling several small sports-utility vehicles from the 1998 to 2002 model years to fix suspension problems caused by road deicing products. Models involved include 1998 through 2002 Honda Passports, 1998 through 2002 Isuzu Rodeos and 2002 Isuzu Axioms, according to the National Highway Traffic Safety Administration website.
Vehicles that have been exposed to…
Continue reading Honda, Isuzu Recall SUVs for Suspension Problems
Honda, Isuzu Recall SUVs for Suspension Problems originally appeared on DailyFinance on Mon, 04 Oct 2010 09:10:00.
Filed Under: Company News, Honda Motor Co, Autos
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