Author: Automotive News Breaking News Feed
-
GM’s $27 billion cash hoard seen tempting activists
General Motors will be a tempting target for activist investors if it doesn’t quickly return cash to shareholders from what the automaker calls its “fortress balance sheet.”
-
Hyundai’s first Genesis tiptoed toward luxury; the redesign aims higher
With its first-generation Genesis sedan, Hyundai set out to prove it could produce a competent upscale car for value-minded shoppers.