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- Feds researching fire risks from EV batteries, regulator says
Federal safety regulators have begun an $8.75 million study of whether lithium ion batteries in electric vehicles pose a potential fire hazard, officials said Thursday. Kevin Vincent, chief counsel of the U.S.
Переслать - Ally Financial delays IPO until markets improve, sources say
Ally Financial, the auto and home lender preparing for an initial public offering, delayed plans to start marketing the IPO until equity markets improve, according to a person familiar with the plans.Переслать - UAW to consider tying more Detroit 3 pay to profits, report says
The UAW, signaling a shift as it prepares to open contract talks with Detroit automakers this summer, would consider wider use of profit sharing instead of fixed wage hikes for members.Переслать - Romney defends opposition to auto bailout in Detroit
U.S. Republican presidential hopeful Mitt Romney defended his stand against the federal rescue of the nation's ailing automakers during the recession while on a visit to Michigan -- the state that most benefited from that move -- on Thursday.Переслать - White House clears new label for E15 gasoline pumps
The White House has signed off on a new gasoline pump label that would warn consumers when they are about to fill their vehicles with a fuel blended with a higher rate of ethanol.Переслать - US auto technology loan program may fall short
The U.S. government may not be able to extend as much financing as initially planned under a $25 billion loan program aimed at helping automakers and other companies make more fuel-efficient vehicles.Переслать - Honda: Dealers can resume Fit, Insight orders
Honda told dealers today they may resume ordering the Honda Fit and Insight as the automaker races to restock U.S. supplies of fuel-efficient models disrupted by the March earthquake in Japan.Переслать - GM, Akerson are frustrated with Opel, but won't sell it, sources say
GM CEO Dan Akerson is reviewing options for what to do with Opel, a money-losing European unit the executive was in favor of selling in the past, people familiar with the matter said.Переслать - Volvo eyes U.S. captive finance arm, may trim lineup, Jacoby says
Volvo may form a captive finance arm in the United States and scale back its product line as part of a push to expand U.S. sales, Volvo CEO Stefan Jacoby said today.Переслать - Saab says production temporarily suspended over supply glitches
Saab has temporarily stopped production because of problems in its supply chain, citing the need for a stable inflow of components. The struggling Swedish automaker said it will resume building cars "as soon as possible.''Переслать
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