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- Former General Motors CEO Stempel dies at 77
Former General Motors CEO Robert Stempel, who led the automaker during a turbulent period of recession and restructuring in the early 1990s, has died at the age of 77.
Переслать - Visteon CEO Stebbins collects more compensation than Mulally, others
Despite more than a decade of hemorrhaging cash and a controversial 16-month bankruptcy reorganization, Visteon Corp. last year paid CEO Donald Stebbins more than any other public company CEO in Michigan, including the Detroit 3 automakers.Переслать - GM to spend $2 billion to upgrade plants in 8 states, reports say
GM on Tuesday is expected to announce it will spend $2 billion to upgrade numerous plants and facilities across 8 states, news reports said.Переслать - BYD's mainland China IPO approved by stock regulator
BYD, the Chinese automaker backed by Warren Buffett, won regulatory approval for an initial share sale on the Shenzhen exchange to fund its expansion in the world's biggest vehicle market.Переслать - Penske Automotive appoints new CFO
David K.Переслать - Mustang adds 'mayhem' to option list
The social networks have spoken: The Ford Mustang V-6 performance package will now be known as the Mayhem Mustang package. Ford put out a call to its 1.Переслать - Japan nuclear plant shutdown adds new risk for Toyota, auto industry
The surprise closure of another Japanese nuclear plant -- this time at the power supplier to the heart of the auto industry -- threatens to dampen consumer sentiment and will provide car makers with yet another reason to produce fewer cars in Japan.Переслать - Toyota overtakes BMW as most valuable global car brand
Toyota has regained its position as the world's most valuable auto brand despite the carmaker's massive recall campaign. Toyota's brand value jumped 11 percent in an annual ranking of the world's most valuable brands, unseating BMW.Переслать - Fiat has options to increase Chrysler stake to more than 70%
Fiat S.p.A. has options to increase its stake in Chrysler Group LLC to more than 70 percent as the U.S. government seeks to exit its investments in the auto industry. Fiat has an option for 12 months to buy the U.S.Переслать - U.S. regulators upgrade Mini probe over steering complaints
U.S. safety regulators have upgraded an investigation into almost 60,000 Mini cars for a potential steering problem associated with five minor crashes.Переслать
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