Month: June 2013

Ford CFO Bob Shanks’ call today concerning the automaker’s sustainability efforts shows that going green is falling into the laps of those who control purse strings at more of the world’s largest companies.

Chrysler-Fiat CEO Sergio Marchionne is closing in on refinancing deals for both automakers ahead of a plan to merge the two companies, people familiar with the matter told Bloomberg.

Mary Barra is a corporate survivor who has played a role in the soap opera of GM management for a generation, emerging on a very public stage as the leader of the company’s $15 billion vehicle development operations — a role that will largely…

Mary Barra is a corporate survivor who has played a role in the soap opera of GM management for a generation, emerging on a very public stage as the leader of the company’s $15 billion vehicle development operations — a role that will largely…

Toyota and lawyers suing the company were given more time to win final approval of a $1.1 billion settlement of claims that recalls related to unintended acceleration hurt the value of customers’ vehicles in the United States.

Toyota and lawyers suing the company are set to ask a judge today to approve a $1.1 billion settlement of claims that recalls related to unintended acceleration hurt the value of customers’ vehicles in the United States.

Final approval of Toyota’s $1.1 billion settlement of claims that recalls for unintended acceleration hurt the value of U.S. customers’ vehicles will be delayed, a judge said.

Software vendor DealerTrack and its holding company are facing a federal lawsuit for alleged race discrimination filed by two former employees. DealerTrack wrote in a statement that it believes the defendants’ claims do not have merit.

Ford may develop new models for Lincoln in fast-growing vehicle segments as part of the automaker’s latest attempt to revive the struggling luxury brand and boost its profits. The company did not specify which vehicle segments it was targeting.

The redesigned 2014 Cadillac CTS sedan’s sticker price is $6,035 higher than the outgoing CTS. Cadillac said today that the 2014 CTS will start at $46,025, including a $925 destination charge.