CLOSE Lawyer Bruce Sendek has been around a long time, including a four-year stint with General Motors’ corporate counsel in the late 1970s and early ’80s. But he’s never seen anything like GM’s lawsuit against crosstown rival Fiat Chrysler Automobiles. Sendek had a lot of questions, that started at word one — literally. “I do not necessarily accept on face… Continue reading Lawyer: GM suit against FCA will cost automakers hundreds of thousands of dollars
Category: US Motoring Press
As Ford, Chevy exit sedan market, Asian makers gain share
Phoenix — A year after Ford and Chevrolet abandoned the compact-car segment to prioritize SUVs, buyers are abandoning those makes and shopping for cars made by Hyundai, Toyota and Honda. Some 42% of Ford Focus and Chevy Cruze compact car owners have stayed in the compact car segment with a significant percentage buying competitors’ vehicles, according to an industry… Continue reading As Ford, Chevy exit sedan market, Asian makers gain share
Honda’s CEO seizes the wheel as quality crisis hits profits
Utsunomiya, Japan – At a two-day gathering for Honda’s suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm. At the Hotel Higashinihon in Utsunomiya, Hachigo told them the Japanese automaker was facing a crisis after a string of costly recalls and other quality blunders and it needed to plot a new course, according to… Continue reading Honda’s CEO seizes the wheel as quality crisis hits profits
GM lends millions to Lordstown Motors with an option to buy back plant
CLOSE A banner depicting the Chevrolet Cruze model vehicle is displayed at the General Motors’ Lordstown plant Nov. 27, 2018, in Lordstown, Ohio. (Photo: John Minchillo/Associated Press) General Motors is making a $40 million loan available to Lordstown Motors Corp. to help the start-up buy GM’s shuttered plant in Lordstown, Ohio, and start building electric trucks. “The transaction… Continue reading GM lends millions to Lordstown Motors with an option to buy back plant
Ford program offered rides to doctor’s offices. Why they’re ending it.
CLOSE GoRide’s non-emergency medical transportation offers true on-demand service that is especially useful for those in wheelchairs or who have other special needs. (Photo: Ford Motor Co.) Ford Motor Co. is no longer offering rides to the doctor’s office. The Dearborn-based automaker said it is pulling the plug on its non-emergency medical transport service called GoRide Health, at… Continue reading Ford program offered rides to doctor’s offices. Why they’re ending it.
Fiat Chrysler challenges Italy tax agency over value of US business
Reuters Published 5:18 p.m. ET Dec. 5, 2019 | Updated 5:18 p.m. ET Dec. 5, 2019 Milan, Italy — Fiat Chrysler Automobiles has challenged a claim by Italy’s tax authorities over the valuing of its U.S. Chrysler business that could leave it with an unwanted tax bill just days ahead of an expected key merger… Continue reading Fiat Chrysler challenges Italy tax agency over value of US business
Nissan orders two-day furlough for U.S. workers to cut costs
Gabrielle Coppola, Bloomberg Published 12:05 p.m. ET Dec. 5, 2019 | Updated 12:09 p.m. ET Dec. 5, 2019 Nissan Motor Co. ordered a furlough of employees for two days at the beginning of January, the latest cost-cutting move as U.S. sales continue to slide. Nissan North America is closing U.S. offices on Jan. 2 and… Continue reading Nissan orders two-day furlough for U.S. workers to cut costs
Ex-UAW boss pleads guilty to corruption, rigged $4M watch deal
CLOSE UAW VP for GM Joe Ashton answers a question from the media at the GM Detroit-Hamtramck Assembly Plant in Detroit on Wednesday, July 27, 2011. (Photo: Patricia Beck, Detroit Free Press) A retired powerful union boss and onetime General Motors board member pleaded guilty Wednesday to corruption, admitting he rigged a $4 million contract for 58,000… Continue reading Ex-UAW boss pleads guilty to corruption, rigged $4M watch deal
After Mustang SUV, calls for Corvette SUV grow
An electric Mustang SUV will hit dealerships late next year. When will Corvette follow suit? The positively received debut of Ford’s battery-powered Mustang Mach-E in Los Angeles last month (with the automaker hinting that it could develop a full Mustang sub-brand) has turned up the heat on Chevrolet to expand its Corvette lineup as well. Morgan Stanley… Continue reading After Mustang SUV, calls for Corvette SUV grow
Fiat Chrysler workers could vote on new contract Friday if national council blesses it
CLOSE UAW-represented Fiat Chrysler Automobiles employees could start voting on a new contract as early as Friday. (Photo: Kimberly P. Mitchell, Detroit Free Press) Voting on a new contract for Fiat Chrysler Automobiles workers could start as soon as Friday. The time frame is not guaranteed but would be set if the UAW-FCA National Council formally… Continue reading Fiat Chrysler workers could vote on new contract Friday if national council blesses it