The federal government’s stake in banking-giant Citigroup presents a conflict of interest in General Motors’ pending initial public offering, the automaker said Thursday.
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Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…
Honda unveiled its new hybrid Fit subcompact in Tokyo Friday. At a starting price of around $19,160, it is cheaper than any other hybrid vehicle in Japan — including Toyota’s popular Prius.
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The recent winning bidder for a low-mileage 2008 Ford Escape hybrid may have gotten more than he or she bargained for — especially if it’s dark gray in color. It seems that matches the description of the vehicle President Bara…
GM is recalling nearly 4,000 2010 Cadillac SRX crossovers to repair power steering lines that may get damaged and leak fluid, the automaker said Thursday. The problem has resulted in at least one fire, but GM said there have b…