Industry

General Motors Company’s [NYSE:GM] management reshuffle shows no signs of slowing, with news today that Kurt McNeil has been appointed the U.S. sales and service vice president for Cadillac. McNeil was previously in charge of sales for Chevrolet and replaces Bryan Nesbitt, who held the top...

General Motors has announced that the proposed deal with China’s Sichuan Tengzhong Heavy Industrial Machines Co., Ltd. (Tengzhong) over the sale of HUMMER cannot be completed and as a result the brand will be wound down. The deal with Tengzhong was expected to secure more than 3,000 U.S. jobs...

Say what you will about General Motors' past decade or two of planning, its products have come a long, long way in the past several years. Unfortunately, few in the industry were able to predict the economic slump that so negatively affected almost all major automakers last year, both locally and...

Following his departure as CEO of GM Europe last November there were all manner of rumors concerning the future of auto industry stalwart Carl-Peter Forster. Some thought he would go on to lead a Fiat Group brand, some even claimed he would head the new SAAB-Spyker, while others suggested he was to...

Jost Capito. The name should ring a bell for most Ford performance fans but for the uninitiated he is the current chief of Ford's global performance vehicles and motorsports business development and one of the key men behind the 305 horsepower Ford Focus RS super-hatch sold overseas. With such...

Wolfgang Bernhard may soon be heading up Mercedes-Benz as well.

The Volkswagen Group has given itself eight years to catch up with Toyota in terms of productivity and profit as part of CEO Martin Winterkorn’s pledge to close the gap in performance between the two automakers, reaffirming plans originally formulated back in 2007. The promise to move from...

The MINI will continue to use an engine developed jointly by BMW and PSA Peugeot Citroen.

If Saab is eventually wound-down, more than 3,400 jobs in Sweden alone will be eliminated.

As we have been reporting for the past couple of years, the future of Mercury is in limbo. An aging fleet, poor sales and lack of image is causing the brand to slowly wither away. However, Ford CEO Alan Mulally seems defiant the brand will survive, but fails to mention how it will manage to do so...

Yesterday’s announcement that Ed Whitacre would stay on as CEO of General Motors may have dominated the industry news but it certainly wasn’t the only CEO switch that took place this week. Jaguar Land Rover has also announced the departure of its CEO, David Smith, and the appointment of company...

Ed Whitacre today announced he will be the CEO of General Motors.

Spyker's latest offer is valid until 5pm EST on Monday, Dec. 21.

Just like rival Californian electric car company Fisker, which recently secured a $528.7 million loan from the Department of Energy, Tesla has also secured a $465 million low interest loan from the federal government that will be used to fund the construction of two new factories. The factories...

BMW has been seeking a partner to co-develop a brand new platform for its future small cars for the past couple of years, with rival automakers like Mercedes-Benz and Fiat most recently linked to the German luxury automaker. While nothing substantial has materialized on those fronts, the vice...

Chrysler is currently on the lookout for a new site in North America to start building Fiat-based models, with the first cars tipped to be rolling off the factory floor as early as this year. The information comes from Chrysler's senior vice president for manufacturing, Scott Garberding, who...

Fisker recently suffered a setback with the launch of its Karma plug-in hybrid electric sports sedan, whose delay has been pushed back until the third quarter of the year after originally being pegged for release last November. However, the company does have some good news to report on, announcing...

The winners for the 2010 North American Car and Truck of the Year awards have been announced and are once again as controversial as ever, with the 2010 Ford Transit Connect taking the Truck of the Year award and the 2010 Ford Fusion taking the Car of the Year trophy. Coinciding with this week’s...

China’s rapidly expanding vehicle fleet, increasing manufacturing industry and insatiable demand for new cars has pushed the country to world’s biggest auto market status, outpacing the U.S. for the first time in history. Thanks to government incentives and a range of new models being...

The latest word in the ongoing Saab saga is that the board of the company has voted to shut down and liquidate.