September 3rd, 2010 | Tags:

2011 Kia Sorento

Kia Motors America announced today that it will be issuing a recall of about 35,000 Sorento and Soul models due to a faulty wiring harness issue that could potentially cause fires. The bulk of the recalled vehicles includes about 23,972 2010 Soul compact crossovers equipped with a feature which illuminates speakers in [...]

September 3rd, 2010 | Tags:

Carlos Ghosn – Nissan/Renault CEO

Steven Rattner was president Obama’s auto adviser who was at the helm of the government’s bailout of Chrysler and GM in 2009. He is now set to publish a tell-all book about his six months at 1600 Pennsylvania Avenue. The book, entitled “Overhaul: An Insider’s Account of the Obama [...]

September 3rd, 2010 | Tags:

Fritz Henderson

Sunoco has tapped Fritz Henderson to lead its energy spinoff that it is forming early next year. The 52 year old former GM CEO will be joining the Pittsburgh-based company as a SVP and will help the company prepare for when SunCoke Energy splits from the company’s core business. After all is [...]

September 3rd, 2010 | Tags:

Chevrolet Cruze 5-door Hatchback

The Chevrolet Cruze, which will go on sale in the United States later this month, is already a pretty huge success in other parts of the world. General Motors will now be expanding the Cruze lineup with a new 5-door hatchback variant that will go on sale across Europe in mid-2011, followed [...]

September 3rd, 2010 | Tags:

2011 Ford F-150 SVT Raptor SuperCrew

The Ford F-150 SVT Raptor is already known for its unmatched capability and is now ready to offer customers more for the 2011 model year by making the previously optional 411-hp 6.2L V8 engine standard for the new model.
“With 411 horsepower and 434 lb.-ft. of torque, the engine makes the [...]

September 3rd, 2010 | Tags:

Dan Akerson – General Motors CEO

On just his second day as GM’s CEO, Daniel Akerson sent a Labor Day greeting to his company’s 80,000 employees, highlighting the fact that he spent some time getting acquainted with UAW president Bob King and head of the union’s GM department, VP Joe Ashton. After the meeting, Akerson [...]

September 3rd, 2010 | Tags:

The much-ballyhooed GM IPO is rapidly approaching, with the company set to start pitching investors after the midterm elections this coming January.  The pitching process is expected to start on Nov. 3, and last two weeks, with the IPO expected to price on Nov. 17 and debut on the trading floor on the 18th.  Sources [...]

September 2nd, 2010 | Tags:

EPA, DOT propose new design for fuel-economy labels

Earlier this week, we reported that the NHTSA and EPA are each proposing a new standard of auto grading based on fuel efficiency. The 17,000-member National Automobile Dealers Association (NADA) has voiced its opposition to the measures, stating that such changes would “confuse the buying public, make [...]

September 2nd, 2010 | Tags:

Dan Akerson – CEO of General Motors

Yesterday was Dan Akerson’s, the new CEO of General Motors, first day on the job. Here is a letter he sent to employees.
Hit the jump for the rest.
GM Employees,
As Labor Day approaches in the U.S. and Canada, I would like to wish everyone at General Motors a safe, happy [...]

September 2nd, 2010 | Tags:
Hyundai ix20

Filed under: Concept Cars, Minivan/Van, Paris Motor Show, Hyundai

Hyundai ix20 Concept – Click above for high-res image

When it comes to designing an MPV, it’s difficult to move beyond the standard two-box form. That’s where Hyundai’s “fluidic sculpture” design language comes into play. Penned by the automaker’s European R&D studio in Rüsselsheim, Germany and set to [...]

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