GM CEO Says Government Bailout Was Right Thing to Do

The federal government’s controversial decision to step in and save General Motors from insolvency was the right thing to do, says the automaker’s new Chief Executive Daniel Akerson.
Continue reading GM CEO Say…

New Technology Could Let Drivers Verbally Update Facebook Page

OnStar, a unit of General Motors that provides in-car safety and communications, unveiled new services that may allow drivers to verbally update their Facebook page and send text messages.

The new services would read the driver’s Facebook news feed o…

Chrysler Unveils New Midsized Sedan to Dealers

Officials from Chrysler Group unveiled a new midsized sedan at an event with some 1,800 dealers Tuesday in Florida as the struggling automaker continues to revamp its aging fleet of cars and trucks.

The new Chrysler 200 sedan, which replaces the slow…

Toyota to Expand Portfolio of Hybrid Vehicles

Toyota Motor (TM) is already the largest maker of hybrid vehicles, offering seven different models in the U.S. market. But the automaker’s plans call for it introduce six new models by the end of 2012 and to offer two plug-in hybrid vehicles, including…