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Ford Reduces Overall Debt with Early Payment
June 30, 2010 - With an early payment to the UAW Medical Benefits Trust, Ford Motor Co. will save approximately $470 million in annual interest.
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Tesla Does Well in IPO, Raises $226 Million
June 29, 2010 - In an initial public offering of stock that sold above the asking price, electric car maker Tesla raised $226 million and will begin trading on the NASDAQ as TSLA.
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Toyota to Recall 2010 Lexus HS 250h
June 28, 2010 - After federal tests revealed a potentially dangerous fuel leak following rear impact crashes of 50 mph or greater, Toyota will recall the 2010 Lexus HS 250h hybrid.
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June Sales Figures Predicted to Be Lower than May
June 25, 2010 - Analysts are predicted fewer car and truck sales in June 2010 over May, but an increase over the same period in 2009.
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Honda CR-Z Marriage of Sport Car and Hybrid
June 23, 2010 - The Honda CR-Z, which will appear on showroom floors on August 24, 2010, works to combine the best of both worlds, the sports car and the hybrid.
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Redesigned Honda Odyssey for Fall 2010
June 21, 2010 - For Fall 2010 Honda will send a redesigned version of its popular Odyssey minivan to showroom floor with more optional and standard features at a comparable price point.
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Customers Antsy for Arrival of Ford Fiesta
June 18, 2010 - Although Ford insists the Fiesta is on track for a summer debut, customers who pre-ordered the compact say its late and they want their cars.
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VW Shifting More Production, Repositioning Jetta to Up Sales
June 16, 2010 - In a bid to increase sales, Volkswagen is enlarging the Jetta, trimming its price tage, and shifting production capacity in the U.S. upward.
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King to Be Elected UAW President
June 16, 2010 - Bob King, 63, an electrician with a law degree and 40 years experience in the United Auto Workers leadership will be elected union president to replace Ron Gettelfinger after two terms in office.
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Nissan Adds Artificial Sounds to Leaf
June 14, 2010 - In response to the concerns for safety advocates for pedestrians and the blind, Nissan has added artificial operating sounds to its all-electric Leaf.
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GM Memo Touches Off Sentimental Controvery Over
June 11, 2010 - General Motors internal attempt to squelch the use of the popular term "Chevy" has generated a swell of protest from bloggers and pundits who say the term is part of American culture.
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Executives at GM Receive $24.5 million in Shares
June 09, 2010 - In preparation for an anticipated initial public offering later in 2010, executives at General Motors have received stock shares totaling $24.5 million.
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GM Recalls 1.5 Million Vehicles for Potential Fire Hazard
June 09, 2010 - Beginning June 14, General Motors will recall 1.5 million vehicles to address a flaw in the heated washer-fluid system that can be a fire hazard.
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Chrysler Issues Recall for 25,000 Vehicles
June 07, 2010 - Chrysler has recalled more than 25,000 Dodge Caliber and Jeep Compass vehicles from the 2007 model year to address a potential pedal issue that could cause unintended acceleration.
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Chevy Cruze Offers More Standard Features than Competitors
June 04, 2010 - Although priced a few hundred dollars more than the competition, the Chevrolet Cruze has more standard features than the Civic or the Corolla.
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Mercury To Be Discontinued in 4Q 2010
June 04, 2010 - In a much-rumored move, Ford has announced that its Mercury brand, in production for 71 years, will be discontinued in the fourth quarter of this year.
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All Major Auto Makers Except Toyota Have a Double Digit May
June 02, 2010 - The Detroit Big Three all saw double digit sales gains in May, with Toyota lagging behind, still harmed by negative publicity over the recall of some 8 million vehicles.
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Decreasing Numbers of Young Drivers Mandate Better In-car Tech
June 02, 2010 - With the numbers of drivers under 30 dropping and public transportation drawing the mobile computing crowd, carmakers are feeling the need for better in-car tech.
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