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Ford Execs Booth, Kuzak To RetireFord has announced the April 1 retirement of two senior officers: Executive Vice President and Chief Financial Officer Lewis Booth and Derrick Kuzak who is group vice president of Global Product Development, two men key to the automaker's turnaround and current success as well as potential candidates to eventually succeed CEO Alan Mulally. |
Toyota To Add Highlander Hybrid, 400 Jobs at Indiana PlantToyota Motor Corp. will shift production of its Highlander hybrid sport-utility vehicle from Japan to Indiana, where the Japanese automaker will invest $400 million to expand its factory and add 400 new jobs. |
Hyundai Introduces Hatchback for ElantraAdd a Hyundai to the hatchback wars. The South Korean automaker on Wednesday introduced the Hyundai Elantra GT at the Chicago Auto Show, a five-door compact based on the successful Elantra sedan. |
GM Looks at Opel and GaspsU.S. automaker General Motors Co. warned its European divisions Opel and Vauxhall that factories could close after fourth-quarter losses. |
Nissan Quarterly Net Profit Up 3.2 Percent, Sales Rise 20 PercentJapan's second-largest carmaker posted a net profit of 82.7 billion yen ($1.07 billion) for the quarter, compared with 80.1 billion yen in the same quarter last year. |
GM Putting New Team in Charge of Europe; UAW President Bob King To Join Opel BoardGeneral Motors is putting a new team in place to fix its troubled European operations, setting up the likelihood of more job cuts and even plant closings. |
Chrysler Workers To Get Bonuses and Profit-sharing Checks FridayChrysler's U.S. workers will receive their profit-sharing and bonus checks Friday. On average, the company's 23,000 hourly workers will receive about $1,500. |
China's BAIC Mulls Buying Saab With MatsushitaChinese automaker BAIC is mulling over buying the remaining assets of Swedish automaker Saab Auto, together with Japan's Matsushita Group, according to a report published on auto.gasgoo.com. |
Toyota Posts Drop in Quarterly Profits, Raises Year ForecastToyota Motor Corp. said Tuesday that its net profit declined 13.5 percent for the October-December quarter from a year earlier, amid a rising yen and falling sales in Asia in 2011. |
Media Reacts to Chrysler's Eastwood Ad: Political or Not?"Halftime in America:" corporate flag-waving, rallying cry for a second Obama term, payback for the bailout? Even the pundits can't agree. |
Mercedes-Benz Cars Star in Fashion Social NetworkMercedes-Benz is empowering fashion enthusiasts all over the country to explore their personal style through a social platform that allows for the creation of virtual "sets" powered by Polyvore. The Star Style Challenge initiative www.mbstarstyle.com kicks-off February 7, 2012 to usher in the start of Mercedes-Benz Fashion Week at Lincoln Center and continues through February 16, 2012. |
Among Super Bowl Ads, the Stars Were the CarsLots of dogs and babies appeared in commercial advertisements for Super Bowl XLVI, but game-day ads also increasingly are pointing to social media handles, such as Twitter and Facebook. |
