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- Stockman reveals reputations don't return when prosecutors walk
Former Reagan budget guru and auto industry investor David Stockman is among a growing number of executives who have been indicted for corporate crimes in recent years and then had the charges dropped.
Переслать - Honda zeroes in on fuel efficiency as rivals gain
Under orders from President Takanobu Ito, automaker's engineers are redoubling fuel economy push, exploring stop-start technology, turbochargers and expanding continuously variable transmissions.Переслать - Toyota recalls up to 17,000 Lexus HS 250h models for fuel leak risk
During annual government crash testing, the hybrid exhibited fuel spillage that exceeds federal standards. Lexus dealers have also suspended sales of the HS 250h pending a fix for the problem.Переслать - Elon Musk betting on Tesla IPO to fund battery car
Tesla Motors' co-founder Elon Musk, who has staked his personal fortune to Tesla after making almost $300 million selling PayPal Inc. and Zip2 Corp.Переслать - VW to shake up Porsche management, paper says
Volkswagen plans to shake up its management at Porsche SE as it looks to strengthen its hold on the automaker, the Financial Times reported today.Переслать - Dealers exempted from more oversight as finance-reform deal is reached
Auto dealers successfully deflected Washington's push for new financial regulation, winning exemption from oversight by a new agency to be created under a sweeping bill agreed to today by House and Senate negotiators.Переслать - Visteon cleared to put reorganization plan to vote
Visteon Corp, the bankrupt auto parts maker, won court approval today to send its plan of reorganization to creditors for a vote, according to a company spokesman. The company has proposed a plan that would put the former Ford Motor Co.Переслать - VW talks with Jacoby said to focus on departure terms
Volkswagen AG is negotiating with U.S. chief Stefan Jacoby over terms of his departure as the executive is set to become CEO of Volvo Cars, according to people familiar with the matter.Переслать - BMW, Audi, Mercedes to add shifts, workers to meet growing demand
Mercedes-Benz, BMW and Audi are adding staff and cutting summer factory breaks to boost production as demand for luxury cars returns quicker than they had planned.Переслать - Aftermarket supplier Affinia files for $230 million IPO
Affinia Group Holdings Inc., the former Dana Corp. aftermarket parts unit, today filed plans with U.S. regulators to raise up to $230 million in an initial public stock offering.Переслать
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