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Chinese ATVs and Motorcycles Flout Emissions law

Chinese ATVs and Motorcycles Flout Emissions law

The U.S. Environmental Protection Agency (EPA) today withdrew its approval of the import and sale of 200,000 gas-powered off-road motorcycles and all-terrain vehicles from China. The agency alleges that tailpipe emissions information was either incomplete or falsified...
Land Rover to Reveal Production LRX Crossover

Land Rover to Reveal Production LRX Crossover

There’ll be more than just a birthday cake to help Land Rover celebrate the 40th anniversary of its flagship Range Rover tomorrow, a bouncing baby brother that’s been making the rounds, in concept form, as the LRX. Lower, sleeker and decidedly more crossover-like, the...
Oops! U.S. June Auto Sales Down Further

Oops! U.S. June Auto Sales Down Further

Weakness in new-vehicle retail sales experienced during the first half of June has progressed at an accelerated rate through the remainder of the month, pulling the retail selling rate below 8.5 million units, according to J.D. Power and Associates. Power had...
Market Snaps Up Tesla Shares

Market Snaps Up Tesla Shares

The first new automotive IPO in a half-century was greeted by the sort of exuberance seldom seen on Wall Street, these days, as investors charged in to grab shares of the California electric-vehicle manufacturer, Tesla Motors. Despite a last-minute move to raise the...
Cruisin’ to a Conclusion

Cruisin’ to a Conclusion

Its debut at the 2000 North American International Auto Show touched off a near-riot when Chrysler began handing out die cast models.  And in its first few years on the market, the automaker could barely keep up with production.  But shortly after the Independence Day...
Ford to Use Cash to Fund UAW VEBA Payment

Ford to Use Cash to Fund UAW VEBA Payment

Ford Motor Company (NYSE:F) today is reducing its debt by more than $4 billion by retiring debt owed to the UAW Retiree Medical Benefits Trust ahead of schedule. The company said it is taking the action to strengthen its balance sheet. Analysts have noted that...
GM Global Business Conference Reveals Little New

GM Global Business Conference Reveals Little New

General Motors Company today hosted a group of 200 members of the financial community and other stakeholders during a Global Business Conference at its Technical Center in Warren, Michigan. The event was the first of its kind since the debut of the new company in July...
July 4th is Deadliest Driving Day in United States

July 4th is Deadliest Driving Day in United States

As the United States celebrates Independence Day, an average of 148 people die in motor vehicle crashes each year – far above the daily average. An analysis of Federal fatal crash data shows that July 4, August 13, July 15, and January 1 were the days with most...
Tesla Ups Price, Volume of Initial Public Offering

Tesla Ups Price, Volume of Initial Public Offering

  Tesla Motors, Inc. (Nasdaq:TSLA), a manufacturer of electric vehicles and electric powertrain components, today announced its initial public offering of 13.3 million shares of its common stock at a price to the public of $17 per share.  Tesla originally said it...
GM Execs To Make Their Case to Financial Community

GM Execs To Make Their Case to Financial Community

When General Motors CEO Ed Whitacre kicks off a meeting with 200 key members of the financial community, this morning, he’ll be sidestepping what, for most of those on hand, would likely be the most important topic of all: when will the automaker stage its...
Cadillac Changes Ad Agencies – Again

Cadillac Changes Ad Agencies – Again

It’s a game of musical chairs in the automotive ad world, these days, and it’s hard to find many brands that haven’t changed their seats – or partners – in recent months, though some seem to be moving more often than others. Like Cadillac, which has yet again switched...
Milestones: Koç and Ford Motor 50th Anniversary

Milestones: Koç and Ford Motor 50th Anniversary

Ford Otosan, an automotive joint venture that traces its roots back to industrial pioneers Henry Ford and Vehbi Koç marked its 50th anniversary today with a celebration in Istanbul. During the past five decades, Ford Otosan has been an integral part of Ford Motor...