The U.S. Senate voted today to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes.
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Dick Colliver, who joined American Honda Motor Co. just as a huge sales kickback scandal was threatening the company and who led Honda to consistent sales success for a decade and a half, has stepped aside as executive vice president of sales.
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Dick Colliver, who joined American Honda Motor Co. just as a huge sales kickback scandal was threatening the company and who led Honda to consistent sales success for a decade and a half, has stepped aside as executive vice president of sales.
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In a bid to conserve cash, Penske Automotive Group Inc. has suspended its 9 cent per share quarterly dividend. CEO Roger Penske said the dividend could be reinstated in the future.
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Three Obama administration officials who will have a big say in the auto industry's future took a firsthand look today at vehicles that car companies are ready to launch -- and others they promise to build to satisfy government demands.
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General Motors is launching a program aimed at whittling the automaker's 105-day supply of cars and trucks by enticing dealers with extra bonus cash for taking more stock. But some dealers see it as GM pushing vehicles on them that they can't sell.
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Percy Barnevik, retired chairman of AstraZeneca PLC, resigned today from the General Motors board of directors, effective immediately. In a statement, GM said Barnevik's reasons for resigning were "personal.
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Percy Barnevik, retired chairman of AstraZeneca PLC, resigned today from the General Motors board of directors, effective immediately. In a statement, GM said Barnevik's reasons for resigning were "personal.
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China knocked the United States out of the top spot in auto industry sales in January, if General Motors' sales estimates are accurate.
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Honda has reached a North American milestone by producing its 20 millionth vehicle, based on January production totals to be released this week. Honda began assembling vehicles in Marysville, Ohio, in 1982.
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When Ford Motor Co. awarded Johnson Controls-Saft the contract to supply lithium ion battery packs for the plug-in Escape Hybrid, Ford chose a supplier with engineers familiar with the inner workings of its hybrid powertrain.
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Coming off a January in which sales collapsed 49 percent, General Motors today announced a new round of incentives that includes 0 percent financing and more cash on the fenders.
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Audi of America President Johan de Nysschen says the United States and its small-equals-cheap mentality isn't ready for premium subcompacts such as the Audi A1, which goes on sale in Europe later this year.
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Replacement for Saab executive car spied winter testing.
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Long-wheelbase car targeting chauffeur market.
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BMW group Head of Design quits car industry altogether
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