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- Ghosn: Saturn wasn't a smart choice
Last fall, Renault CEO Carlos Ghosn was pondering requests to shore up two separate brands -- Daimler's Smart and General Motors' Saturn. He said yes to one and no to the other. But Ghosn says it was never an "either/or" situation.
Переслать - GM said to finish payments this week to U.S., Canada
General Motors Co. CEO Ed Whitacre intends to announce on Wednesday that GM has repaid the remaining $5.8 billion in loans from the United States and Canada, a person with direct knowledge of the plans said. Whitacre will be at GM's Fairfax, Kan.Переслать - Chrysler reaches settlement to block N.C. dealer law
Chrysler Group says it reached a settlement last week that blocks a North Carolina law aimed at making it easier for rejected dealerships to win reinstatement and will continue cases over similar laws in Illinois, Oregon and Maine.Переслать - Toyota says it will recall Lexus SUV rated and#8216;safety risk'
Toyota Motor Corp. said today it will recall the Lexus SUV that Consumer Reports magazine rated a and#8220;safety risk.and#8221; About 9,400 vehicles will be included in the recall of the 2010 Lexus GX 460, Toyota said.Переслать - Stockman to pay $7.2 million to settle lawsuit
David Stockman, a former budget director in the Reagan administration, will pay $7.2 million to settle a U.S. Securities and Exchange Commission lawsuit claiming he misled investors while running auto-parts maker Collins and Aikman Corp.Переслать - Engineer called back to run U.S. Mercedes plant
Markus Schaefer, a Mercedes-Benz executive who played a key role in expanding the company's U.S. plant five years ago, has been named CEO of the Alabama operation.Переслать - Visteon shareholders seek official bankruptcy committee
Shareholders of bankrupt Visteon Corp. asked a court for permission to form an official committee to represent them in talks to reorganize the auto parts marker, according to court documents. Holders of 2.Переслать - Toyota agrees to pay $16.4 million U.S. fine, denies wrongdoing
Toyota Motor Corp. today agreed to pay a record $16.4 million U.S. fine for failing to promptly report flaws with vehicle accelerator pedals as it denied breaking safety rules.Переслать - Subaru to boost Indiana plant capacity 40%
Subaru plans to boost production capacity at its Indiana assembly plant by 40 percent this year to meet booming demand for the Outback wagon and Legacy sedan. The move comes as Fuji Heavy Industries, maker of the Subaru brand, targets U.S.Переслать - Porsche names former BMW exec as new sales chief
Former BMW sales executive Bernhard Maier is Porsche's new head of sales and marketing, replacing Klaus Berning.Переслать
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