auto industry

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Car Mag Tweaks Limbaugh: Driving, Oxycontin Don't Mix

'Motor Trend' picks Chevy Volt as car of year; Rush not pleased

(Newser) - Rush Limbaugh really, really hates the Chevy Volt, and when Motor Trend named it the 2011 car of the year, he railed against the magazine, asking "How in the world do they have any credibility?" Now a Motor Trend editor has fired back, ThinkProgress reports. “If you can...

GM Prices Stock at $33 Ahead of IPO
GM Prices Stock at $33
Ahead of IPO

GM Prices Stock at $33 Ahead of IPO

Historic offering will get government some money back

(Newser) - General Motors says its common stock will sell for $33 per share when its initial public offering takes place tomorrow. The IPO, one of the largest in history, brings the US government closer to getting back part of the $50 billion it gave GM last year. The government will sell...

Chevy Volt Will Make US Ethanol Fiasco Look Tame
Chevy Volt Will Make US Ethanol Fiasco Look Tame
george will

Chevy Volt Will Make US Ethanol Fiasco Look Tame

George Will: Government should stay out of the auto business

(Newser) - Safe bet, you won't catch George Will driving one of GM's new Volts. He lays out everything he hates about the car, including that it's not quite the electric vehicle originally promised and that the government realizes people must be "bribed" with $7,500 subsidies to buy the $41,...

Volkswagen Steers Towards US
 Volkswagen Steers Toward US 

Volkswagen Steers Toward US

New Jetta part of push for American market

(Newser) - Volkswagen wants to be the biggest automaker in the world, but it’s got one little problem: It has only 2.2% of the US market. But the company aims to change all that starting this week, when it rolls out its new Jetta, a spacious sedan designed specifically for...

Electric Cars Aren't Going to Save Us
Electric Cars Aren't
Going to Save Us
OPINION

Electric Cars Aren't Going to Save Us

Walter Russell Mead: Let China take the lead on this

(Newser) - Walter Russell Mead has some interesting advice for those (and he's looking at you, Thomas Friedman ) who think the US is making a horrible mistake by falling behind China in the development of electric cars: Ignore the problem. That's right, let China do the heavy lifting (and spending) on...

China's SAIC Eyes Big Stake in GM

Move could pose dilemma for Treasury

(Newser) - China’s SAIC Motor Corp. is considering making a big grab for GM shares when the government sells off its stake in the company, creating a potential political dilemma for the Treasury, the Wall Street Journal reports. GM is set to go public again in November, and the government, which...

Thank Cadavers for Today's Car Safety

Automakers quietly rely on them in tests

(Newser) - Those cute crash test dummies make for better commercials, but automakers have long relied on a less-publicized way of ensuring safety: cadavers. Dummies and computer modeling have come a long way, but actual bodies provide more accurate results about, say, damage to internal organs in an accident, explains Justin Hyde...

In the Works: Electric Car Made From Cannabis

But no, you can't smoke it

(Newser) - Looking for the ultimate pothead ride? How about an environmentally-friendly car that is literally made of hemp? Canada’s Motive Industries has announced that it is working on just such a miracle of science. Its Kestrel model is a fully electric car constructed from a biocomposite made of cannabis, Fast...

GM Files for Public Stock Offering

Company begins process of cutting ties to government

(Newser) - General Motors today filed the first batch of paperwork required by regulators to sell stock to the public, a step that brings the automaker closer to its goal of shedding government ownership. The 700-page registration form, filed with the SEC, begins a process that will lead to an initial public...

Honda Recalls 384K Vehicles
 Honda Recalls 384K Vehicles 

Honda Recalls 384K Vehicles

Faulty ignition locks can cause cars, SUVs to roll away

(Newser) - Honda recalled 384,000 vehicles today over a malfunction that could cause the cars and SUVs to roll away while parked, the Detroit News reports. The recall applies to all 2003 Accords and Civics as well as Elements from 2003 and 2004—all of which have problems with their ignition...

Disaster Awaits Chevy Volt
 Disaster Awaits Chevy Volt  
opinion

Disaster Awaits Chevy Volt

Nothing about this car makes sense

(Newser) - Like Rush Limbaugh , auto industry observer Edward Niedermeyer can't think of too many reasons to plunk down $41,000 on a Chevy Volt. Among his complaints: It's too expensive, it has the interior room of a cheap economy car, the business model is lousy—GM could have sold it...

Toyota Recalls 412K Avalons, Lexus SUVs

Carmaker to fix steering system of vehicles

(Newser) - Toyota will recall another 412,000 vehicles because of problems with the steering system. The steering lock on Avalon sedans built between 2000 and 2004 were made with a faulty casting that can crack if the car is steered hard to the right, locking the wheel in place, Toyota said....

GM to Sell Chevy Volt for $41K
 GM to Sell Chevy Volt for $41K 

GM to Sell Chevy Volt for $41K

Electric car priced close to manufacturing costs

(Newser) - GM will sell its flagship electric car, the Chevy Volt, for $41,000, the Detroit News reports. GM executives announced the price, along with a 3-year, $350-per-month lease deal, at the Plug-In 2010 conference in California today. Buyers can get an additional $7,500 off the sticker price through a...

GM Now Sells More Cars in China Than US

Sales jumped nearly 50% in the first half of the year

(Newser) - The financial fortunes of GM are getting an unexpected bump from China, the New York Times reports. Sales in the first half of the year jumped nearly 50%, resulting in a company milestone: For the first time, more cars were sold in China than in America. And while the company...

Honda Plans Electric Cars for 2012

Company trying to regain ground on green vehicles

(Newser) - Honda is looking to make up lost ground in the market for energy-efficient cars and plans to have a plug-in hybrid and a battery-powered electric vehicle on American streets in 2012, reports Reuters . The company announced no specifics on models, other than to say the EV will be a small...

Goodbye, PT Cruiser: Chrysler Pulls Plug Friday

Retro car's sales had slowed to just 5,500 this year

(Newser) - The PT Cruiser was the unexpected smash hit of 2000, evoking images of Al Capone and tommy guns with its sleek retro lines, and catapulting its way to be Chrysler's sales juggernaut, with some buyers paying thousands more than the sticker price to get their hands on one. But a...

Chrysler Rolling Out 'Man Van'

It hopes to take the wimp factor out of the mini van

(Newser) - Chrysler has tackled the "soccer-mom" image of the minivan and came up with what it calls the "man van"—a special version of its Dodge Grand Caravan that it hopes will appeal to men. Expected to become available in a few months, the new minivan offers a...

US Vehicles Edge Out Imports in Quality

Ford highest-ranked carmaker overall, Toyota falls

(Newser) - American automakers scored higher marks on quality than their foreign rivals for the first time since the JD Power survey began in 1986, the Detroit Free Press reports. A dozen Ford models ranked in the top three in their segments, making it the highest-ranked automaker overall. Ford's namesake brand ranked...

GM: Stop Calling Them 'Chevys'
 GM: Stop Calling Them 'Chevys' 

GM: Stop Calling Them 'Chevys'

Car giant tries to improve 'branding' by killing nickname

(Newser) - You can see the USA in your Chevrolet, but GM would rather if you stopped driving your “Chevy” to the levee or anywhere else. The company has sent out a memo to all its employees urging them to banish the ubiquitous nickname from their vocabularies. “We’d ask...

Feds Open Inquiry Into Fusion, Milan Floor Mats

All-weather mats may trap accelerator pedal

(Newser) - Another automaker is under investigation for possible floor mat trouble. This time it's Ford, the subject of an NHTSA inquiry into its Fusion and Mercury Milan models. The agency has received complaints that the automaker's rubber, all-weather mats could trap accelerator pedals, reports the Detroit Free Press . Unlike previous incidents...

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