Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
In the State of the Union address in January, President Barack Obama set a goal of getting 1 million electric cars on the road by 2015. Now he’s proposed $7,500 rebates, instead of tax credits, to reach that goal. Will that be …
The Japanese automaker’s bottom line is likely to have been hit by its many safety recalls, weaker U.S. sales and Japan’s rising currency. Analysts forecast Toyota will report a quarterly profit of about $1 billion on sales of …
Faulty interior door handles may allow the doors to pop open during a crash. The recall involves F-150 pickups from the 2009-10 model years equipped with chrome interior door handles.
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Despite wintry weather across much of the nation, Americans were in a car-buying mood last month, boosting most automakers’ sales by double-digit percentages compared to a year ago. Analysts estimate that January’s sales reache…