Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Workers from subcontractors of GM Korea and citizens call for the early normalization of the ailing carmaker’s operations during a rally in Incheon, west of Seoul, South Korea, April 17, 2018. (Photo: YONHAP/EPA-EFE/REX/Shutterstock,) The window for an agreement to save General Motors’ money-losing South Korea unit is nearly closed, according to a GM spokesman. The spokesman… Continue reading Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Tesla, GM, Volkswagen score as China lifts auto ownership restrictions

Autoplay Show Thumbnails Show Captions Last SlideNext Slide U.S. President Donald Trump, right, and Chinese President Xi Jinping speak during a business event at the Great Hall of the People in Beijing. (Photo: Andy Wong, AP) Tesla, General Motors, Volkswagen and other automakers scored a big win Tuesday as China announced plans to lift strict… Continue reading Tesla, GM, Volkswagen score as China lifts auto ownership restrictions

Recall issued for 2018 Alfa Romeo Stelvio: Here's why

A pair of recalls are being issued for certain 2018 Alfa Romeo Stelvio SUVs. (Photo: FCA US) Fiat Chrysler Automobiles is issuing recalls for certain 2018 Alfa Romeo Stelvio SUVs, in part because the rear liftgate could open unintentionally at very low speeds. The National Highway Traffic Safety Administration issued an alert about the recalls, technically… Continue reading Recall issued for 2018 Alfa Romeo Stelvio: Here's why

General Motors to cut shift at Chevy Cruze plant in Ohio, potentially affecting 1,500 workers

General Motors plans to cut a shift at its Lordstown Assembly plant in Ohio. (Photo: General Motors) General Motors plans to cut a shift at its Lordstown Assembly plant in Ohio, potentially affecting as many as 1,500 workers, in an apparent reflection of the down market for passenger cars. The automaker confirmed Friday it would cut… Continue reading General Motors to cut shift at Chevy Cruze plant in Ohio, potentially affecting 1,500 workers

Marchionne: Don't expect next Fiat Chrysler CEO to be named until 2019

CLOSE Speculation about the future of Fiat Chrysler Automobiles has increased dramatically over the past week with reports first suggesting Jeep could be sold to a Chinese automaker and now reports that Alfa Romeo and Maserati could be spun off into a stand alone company. The various reports have been prompted, in part, by recent… Continue reading Marchionne: Don't expect next Fiat Chrysler CEO to be named until 2019

China’s President Xi Jinping offers U.S. possible trade concessions

Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions

Ford really wants to succeed in India: Here's why

Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why

Yet to turn a profit, Ford won't give up on India

Pankaj Radhe, Special to the Detroit Free Press Published 12:41 p.m. ET April 8, 2018 CLOSE Ford is going to import the EcoSport from India. It will be the brand’s smallest SUV vehicle and DJ Khaled was on hand to unveil the vehicle in advance of the Los Angeles Auto Show. Robert Hanashiro, USA TODAY… Continue reading Yet to turn a profit, Ford won't give up on India

Ford recalls trucks, SUVs for transmission shifter problem

2018 Ford F-150 (Photo: Ford Motor Company) Ford is recalling about 350,000 trucks and SUVs in the U.S., Canada and Mexico because they might be in a different gear than the one shown on the shift indicator. The recall covers the 2018 F-150 pickup and Expedition large SUV with 10-speed automatic transmissions. Also covered are… Continue reading Ford recalls trucks, SUVs for transmission shifter problem

Tesla: Our Model 3 electric-car production line may beat Henry Ford's

CLOSE Elon Musk success with the Falcon Heavy reusable rocket, with a Tesla Roadster heading toward out to space, reveals his grand plan for colonizing Mars. USA TODAY Tesla CEO Elon Musk. (Photo: PETER PARKS, AFP/Getty Images) Facing scrutiny over its manufacturing capability, Tesla said Tuesday that production of its Model 3 electric car is… Continue reading Tesla: Our Model 3 electric-car production line may beat Henry Ford's