General Motors Co.'s $20 billion initial public offering will benefit creditors of the former GM, who made about $5 billion on the IPO and can buy millions of new shares for as little as a third of today's price.
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For all the arrows the Toyota brand has taken this year, it still will finish 2010 as the best-selling brand among retail consumers.
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It's not the first automaker to offer a mid-sized hybrid sedan, but Kia Motors Corp. promises that the Optima Hybrid will challenge the best of them with its performance and fuel economy.
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It's not the first automaker to offer a mid-sized hybrid sedan, but Kia Motors Corp. promises that the Optima Hybrid will challenge the best of them with its performance and fuel economy.
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COPY EDITOR CYNTHIA L. OROSCO-WRIGHT: This truck got a tour of southeast Michigan over the weekend as we drove it to a high school football game, to a mall, the grocery store and to deliver a lawn mower.
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The Chevrolet Volt plug-in electric car, the centerpiece of a revitalized GM, was named 2011 Green Car of the Year today during press previews at the Los Angeles Auto Show.
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Contributing editor Phil Berg visits a reader's garage, and executive editor Roger Hart demonstrates the driving line around Infineon Raceway as part of the Audi Sports Car Experience.
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There was a fair amount of carping recently during the US Congressional mid-term elections surrounding taxpayer-funded initiatives to help stricken companies through the recession.
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Johnson Controls has approved a 23% increase in the company's quarterly cash dividend, to US$0.16 per common share from US$0.13 per common share.
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UK-based automatic transmission specialist Antonov says it has secured its first customer order for its new TX-6 automatic gearbox.
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Honda has unveiled an all-new Fit EV Concept electric vehicle and the platform for a midsize plug-in hybrid vehicle at the LA Show.
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Lamborghini is releasing one last single before the new album comes out, and it's called the Gallardo LP 570-4 Spyder Performante.
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General Motors says today's IPO - with a potential generation of up to US$23bn - was more than 90% allocated to a North American audience - but partner SAIC is among the foreign stakeholders.
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Electric car start up Coda Automotive will delay the launch of its battery-powered sedan until the second half of next year, interim CEO Mac Heller said Wednesday at the Los Angeles Auto Show.
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Nissan's U.S. dealers will each give up one of their electric Leaf demo cars as the factory tries to satisfy initial demand for the car.
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Back in summer 2008, I was in Germany for the first drive of the 2009 V8 Vantage. The big news then was the new 4.7-liter engine (up from the previous 4.3 liters) with 420 hp and 346 lb-ft of torque.
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Mercedes-Benz's AMG unit and motorcycle maker Ducati have signed an agreement to work closely together in the future.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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