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Automotive

Friday, November 20, 2009

Volkswagen, Porsche move closer to merger

In this June 29, 2009 file photo a logo of German sport car maker Porsche is reflected in the chrome logo of a Volkswagen VW car in Dresden, Germany. FRANKFURT — German carmakers Volkswagen AG and Porsche said Friday they had come closer to merging the two companies,...

Stronger Hyundai, Kia aren’t likely to fade soon

Anybody who dismisses Hyundai’s recent success as a cash-for-clunkers-fueled aberration is in for a rude surprise in...
Thursday, November 19, 2009

Auto supply plant planned for Alabama

TUSCALOOSA, Ala. — Automotive supplier Faurecia North America says it will build a $15 million plant in Tuscaloosa County to make parts for the Mercedes-Benz...
Wednesday, November 18, 2009

BMW becomes 2012 London Olympics top-tier sponsor

LONDON — BMW is the latest top-tier domestic sponsor of the 2012 London Olympics, and organizers remain in talks with additional potential investors. The...

GM to begin repaying taxpayers for bailout

General Motors will begin repaying taxpayers’ money next month. The bailed-out automaker, showing early signs of a...
Monday, November 16, 2009

GM reports $1.2B loss, says it shows progress

DETROIT — General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept....

GMAC CEO Alvaro de Molina steps down

NEW YORK — Troubled auto and home lender GMAC Financial Services said today CEO Alvaro de Molina is stepping down. Michael A. Carpenter, a member of...
Sunday, November 15, 2009

Locking lug nuts not worth trouble

Dear Tom and Ray: Recently, we had our 2005 Toyota RAV4 taken in for its regularly scheduled maintenance, which included...

GM to shut 37% of U.S. Saab dealers

DOWNSIZING: General Motors will cut 81 Saab dealers in the United States as a condition of the automaker’s sale.. About 37 percent of U.S. Saab dealers will close as part of General Motors Corp.’s planned sale of the ailing...
Saturday, November 14, 2009

Chambers throws it into high gear

‘VERY COOL’: Herb Chambers shows off a $225,000 Lamborghini at his new dealership.
Boston car baron Herb Chambers is putting the pedal to the metal on business expansion,...

GM to move European headquarters to Germany

BERLIN — General Motors Co. wants to move its European headquarters to Germany from Switzerland before the end of the year, an Opel spokesman said Saturday. By...

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