Audi eyes management reshuffle, CEO says

20 May 2012 17:59:55 Z

Volkswagen's Audi division is looking into a management reshuffle as it eyes an expansion in China, Latin America and the United States, the unit's head told a German magazine.

Ford is shipping Focus Electric to dealers

20 May 2012 17:59:55 Z

Ford will start shipping its first electric passenger car to dealers this weekend, people familiar with the matter said. About 350 Focus Electric cars will be sent to 67 dealers in California, New Jersey and New York over the next couple weeks.

Why GM spurned the 2013 Super Bowl

20 May 2012 17:59:55 Z

Not long after announcing that it will stop advertising on Facebook, General Motors said Friday it would not be a sponsor in the Super Bowl in 2013 either. What's going on here?

Economy in U.S. buoyed with autos spurring glass-to-steel growth

20 May 2012 17:59:55 Z

Car sales that are running at the fastest pace in four years are poised to reverberate through the world's largest economy as a spillover into production, profits and jobs for Americans may be starting.

Fisker Karma fire in Texas garage being probed by NHTSA

20 May 2012 17:59:55 Z

Federal safety regulators are investigating a Texas garage fire that destroyed a Fisker Karma, a $103,000 plug-in electric vehicle.

GM will skip Super Bowl TV ads next year

20 May 2012 17:59:55 Z

General Motors will not advertise in the upcoming Super Bowl, the company announced today in another sign that it's shaking up its marketing strategy just days after it said it would no longer pay for advertising on Facebook.

GM ad move followed failed Facebook pitch

20 May 2012 17:59:55 Z

Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.

U.S. regulators discuss safety of electric vehicles, batteries

20 May 2012 17:59:55 Z

Government and industry leaders today gathered in Washington, D.C. for a technical workshop hosted by the National Highway Traffic Safety Administration to discuss a wide breadth of safety and regulatory issues pertaining to electrical vehicles.

Toyota, riding U.S. sales recovery, to expand V6 production

20 May 2012 17:59:55 Z

Toyota, continuing to flex its post-earthquake manufacturing muscle this year, plans to invest about $80 million to expand its Huntsville, Ala., engine plant to build more V-6 engines for the United States.

Ally said to receive Buffett offer to buy ResCap before bankruptcy

20 May 2012 17:59:55 Z

Billionaire Warren Buffett sought to buy Residential Capital from Ally Financial before the government-owned company put the home lender in bankruptcy, according to three people familiar with the matter.