General Motors, with improved cash flow and fewer outstanding preferred shares, is in a better position to consider paying a dividend next year, CEO Dan Akerson said.
Nissan's Infiniti division is recalling some 2014 Q50 sedans over a software glitch in its steer-by-wire system.
Dan Akerson, the departing CEO of General Motors, today gave a closing defense in Washington of the bailout that saved GM five years ago, saying the company's strong balance sheet and recent accolades for its cars show the wisdom of the move.
A federal border patrol initiative sparked by 9/11 terrorism may lead to an automotive industry breakthrough in mapping its complex supply chain.
and#8220;Gran Turismo 6and#8221; debuted for PlayStation 3 a little more than a week ago with the tagline, and#8220;Your legacy begins here.
Ford said its upcoming 2015 Lincoln MKC crossover will start at $33,995, thousands of dollars cheaper than competing models as the automaker attempts to shore up its flagging premium brand.
The view from inside Ford, and of people close to the company, is that the management team CEO Alan Mulally groomed is now ready for his exit. COO Mark Fields, 52, is widely expected to take over as CEO.
Infiniti is recalling a number of its new 2014 Q50 sedans over a fault in its steer-by-wire system.
BMW will be debuting a special edition of the 2014 BMW Z4 at the upcoming
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BMW laid out its plans for the Detroit auto show on Monday.
Honda's premium brand Acura has announced its second recall of 2014 model year vehicles in a week.
Toyota GB has decided to replace the two-litre diesel engine in its Verso, seven seat, compact MPV with the new 1.6-litre BMW engine that will also be branded D-4D like its in-house precedessor.