Items by By NICK BUNKLEY
NYT > Business
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Chrysler Reports Strong First-Quarter Results
Posted: April 26th, 2012, 3:52pm EDT by By NICK BUNKLEY
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The carmaker’s profit of $473 million was attributed to an overhaul of a large portion of its product lineup and the use of creative, high-profile advertising to attract new customers.
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For Hybrid and Electric Cars to Pay Off, Owners Must Wait
Posted: April 4th, 2012, 2:33pm EDT by By NICK BUNKLEY
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At current or foreseeable gas prices, it would take many years for the fuel savings from hybrid and plug-in cars to make up for the cars’ high initial cost.
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U.S. Car Sales Keep Up Their Firm Growth
Posted: April 3rd, 2012, 1:47pm EDT by By NICK BUNKLEY
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Chrysler and Ford said their American sales rose last month to the highest level in at least four years, while General Motors said it sold a record number of fuel-efficient cars.
NYT > Home Page
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U.S. Car Sales Keep Up Their Firm Growth
Posted: April 3rd, 2012, 1:47pm EDT by By NICK BUNKLEY
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Chrysler and Ford said their American sales rose last month to the highest level in at least four years, while General Motors said it sold a record number of fuel-efficient cars.
NYT > Business
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After Ratings Drop, Ford Reworks Touch Screens
Posted: March 6th, 2012, 8:33am EST by By NICK BUNKLEY
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Ford added touch-screen controls ahead of its competitors, but the flaws hurt its reputation and its rating from Consumer Reports.
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After Ratings Drop, Ford Reworks Touch Screens
Posted: March 6th, 2012, 8:33am EST by By NICK BUNKLEY
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Ford added touch-screen controls ahead of its competitors, but the flaws hurt its reputation and its rating from Consumer Reports.
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U.S. Rule Set for Cameras at Cars’ Rear
Posted: February 28th, 2012, 12:27pm EST by By NICK BUNKLEY
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Federal regulators plan to announce this week that automakers will be required to put rearview cameras in all passenger vehicles by 2014 to help drivers see what is behind them.
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G.M. Changes Pension Plans for Salaried Workers
Posted: February 16th, 2012, 12:53am EST by By NICK BUNKLEY
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The carmaker said its salaried employees would stop accumulating pension benefits later this year as the company tried to narrow a large shortfall in its retirement funds.
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Honda Aims to Reclaim Its Luster
Posted: February 9th, 2012, 12:50am EST by By NICK BUNKLEY
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After natural disasters last year and dreadful reviews of the revamped Civic, Honda is struggling to return to its former success.
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Chrysler and Ford Car Sales Improve
Posted: February 1st, 2012, 12:57pm EST by By NICK BUNKLEY
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Chrysler and Ford were among several auto companies that reported healthy increases for January, but General Motors posted a 6 percent decrease from a year ago.
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Japanese Auto Suppliers Are Fined, and Executives Agree to Prison, in a Price-Fixing Case
Posted: January 30th, 2012, 8:23pm EST by By NICK BUNKLEY
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Yazaki agreed to a $470 million fine for engaging in three price-fixing and bid-rigging conspiracies that began as long ago as 2000, the Justice Department said.
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Ford Posts Third-Straight Annual Profit
Posted: January 27th, 2012, 9:13am EST by By NICK BUNKLEY
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The automaker’s earnings for 2011 were the largest in 13 years after a one-time gain in the fourth quarter.
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G.M. Regains No. 1 Spot in World Automaking
Posted: January 19th, 2012, 2:10pm EST by By NICK BUNKLEY
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After three years in second place, General Motors reclaimed its title due to strong sales in every region of the globe. The automaker surpassed Volkswagen as Toyota fell to third.
NYT > Home Page
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G.M. Regains No. 1 Spot in World Automaking
Posted: January 19th, 2012, 2:10pm EST by By NICK BUNKLEY
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After three years in second place, it regained the No. 1 spot, topping Volkswagen as Toyota fell to third.
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Wanted or Not: Alternative-Fuel Cars Flood Auto Show
Posted: January 10th, 2012, 5:27am EST by By NICK BUNKLEY
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Automakers are flooding the Detroit auto show with new hybrid and plug-in models, but the combination of gas prices below $4 a gallon and higher upfront costs for the cars is not attracting consumers.
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Wanted or Not: Alternative-Fuel Cars Flood Auto Show
Posted: January 10th, 2012, 5:27am EST by By NICK BUNKLEY
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Automakers are flooding the Detroit auto show with new hybrid and plug-in models, but the combination of gas prices below $4 a gallon and higher upfront costs for the cars is not attracting consumers.
NYT > Business
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Wanted or Not: Alternative-Fuel Cars Flood Auto Show
Posted: January 10th, 2012, 3:04am EST by By NICK BUNKLEY
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Automakers are flooding the Detroit auto show with new hybrid and plug-in models, but the combination of gas prices below $4 a gallon and higher upfront costs for the cars is not attracting consumers.
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G.M. to Reinforce Battery in Chevrolet Volt, a Hybrid
Posted: January 6th, 2012, 12:16am EST by By NICK BUNKLEY
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The National Highway Traffic Safety Administration said changes made by General Motors “should address the issue” of fire risks in the Chevrolet Volt, but that its investigation remained open.
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G.M. to Reinforce Battery in Chevrolet Volt, a Hybrid
Posted: January 6th, 2012, 12:16am EST by By NICK BUNKLEY
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The National Highway Traffic Safety Administration said changes made by General Motors “should address the issue” of fire risks in the Chevrolet Volt, but that its investigation remained open.
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Tsunami Reveals Durability of Nissan’s Leaf
Posted: December 22nd, 2011, 3:10am EST by By NICK BUNKLEY
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The tsunami that Japan experienced this year tossed around some of Nissan’s electric cars. But the batteries remained intact.
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Tsunami Reveals Durability of Nissan’s Leaf
Posted: December 22nd, 2011, 3:10am EST by By NICK BUNKLEY
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The tsunami that Japan experienced this year tossed around some of Nissan’s electric cars. But the batteries remained intact.
NYT > Home Page
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Tsunami Reveals Durability of Nissan’s Leaf
Posted: December 22nd, 2011, 3:10am EST by By NICK BUNKLEY
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The tsunami that Japan experienced this year tossed around some of Nissan’s electric cars. But the batteries remained intact.
NYT > Business
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Regulators Investigate Chevrolet Volt Battery
Posted: November 26th, 2011, 12:10am EST by By NICK BUNKLEY
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Federal safety regulators are investigating the Chevrolet Volt after the battery caught fire twice in crash tests.
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Ford Workers Ratify Contract
Posted: October 20th, 2011, 10:30am EDT by By NICK BUNKLEY
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Though workers showed they were not happy with the labor agreement, they eventually approved it rather than risk hefty bonuses and thousands of new jobs.
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U.A.W. Approves Four-Year Contract With G.M.
Posted: September 29th, 2011, 1:09am EDT by By NICK BUNKLEY
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General Motors said the deal would increase the company’s labor costs by only 1 percent annually.
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Ford Contract Talks Intensify as Union Prepares for Strike
Posted: September 27th, 2011, 2:20am EDT by By NICK BUNKLEY
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Saying there was “no indication that a strike will be necessary,” the U.A.W. told members to form strike committees and to distribute information to workers.
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United Automobile Workers Agrees to Extend Contract Talks with General Motors and Chrysler
Posted: September 15th, 2011, 7:55am EDT by By NICK BUNKLEY
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The United Automobile Workers agreed early on Thursday to extend contracts with General Motors and Chrysler after new deals were not reached by a midnight deadline.
NYT > Home Page
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United Automobile Workers Agrees to Extend Contract Talks with General Motors and Chrysler
Posted: September 15th, 2011, 7:55am EDT by By NICK BUNKLEY
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The United Automobile Workers agreed early on Thursday to extend contracts with General Motors and Chrysler after new deals were not reached by a midnight deadline.
NYT > Business
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The Fiat 500 Hopes for a Rebirth in the U.S. Market
Posted: September 3rd, 2011, 12:40am EDT by By NICK BUNKLEY
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A remake of the postwar Fiat will have to get Americans to forget the low quality of its first incarnation on these shores. So far, it’s working.
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Car Sales Improved in August Over a Year Ago
Posted: September 1st, 2011, 10:33am EDT by By NICK BUNKLEY
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General Motors said its sales in the United States rose 18 percent from August 2010; Ford sales increased 11 percent and Chrysler’s gained 31 percent.
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G.M. Says Opel Unit Not for Sale
Posted: July 27th, 2011, 9:23pm EDT by By NICK BUNKLEY
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Daniel F. Akerson, the chief executive, appeared to put to rest recent speculation about a possible sale of European unit.
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Government Sells Stake In Chrysler
Posted: July 22nd, 2011, 1:57am EDT by By NICK BUNKLEY
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The sale, which gives Fiat majority control, leaves taxpayers $1.3 billion short of recovering the $12.5 billion lent to the company as it slid into bankruptcy protection.
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Truck Dealers Win $2 Billion in Ford Suit
Posted: June 11th, 2011, 12:20am EDT by By NICK BUNKLEY
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Commercial truck dealers for Ford sued the company, claiming it had violated agreements on sales prices, and won.
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Piecing Together a Supply Chain
Posted: May 13th, 2011, 1:00am EDT by By NICK BUNKLEY
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After Japan’s earthquake, General Motors identified 118 products that it needed to monitor for shortages; it has resolved issues with all but five.
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Toyota Profit Slips 77 Percent
Posted: May 11th, 2011, 2:43pm EDT by By NICK BUNKLEY
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The carmaker, whose operations have been severely disrupted since the earthquake and tsunami in Japan, said that it expects production to begin recovering sooner than forecast.
NYT > Home Page
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Toyota Profit Slips 77 Percent
Posted: May 11th, 2011, 2:43pm EDT by By NICK BUNKLEY
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The carmaker, whose operations have been severely disrupted since the earthquake and tsunami in Japan, said that it expects production to begin recovering sooner than forecast.
NYT > Business
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2 Years After a Bankruptcy, Chrysler Posts a Profit
Posted: May 2nd, 2011, 9:29am EDT by By NICK BUNKLEY
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Chrysler, the only Detroit three automaker to lose money last year, earned $116 million in the quarter as it sold more cars at higher prices.
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Smaller Cars Lift Ford’s Profit to $2.55 Billion
Posted: April 26th, 2011, 5:40pm EDT by By NICK BUNKLEY
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Ford reported its largest first-quarter profit since 1998, even as sales shift to smaller, more fuel-efficient cars.
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Toyota Says Scarce Parts to Idle Some U.S. Plants
Posted: March 24th, 2011, 1:03am EDT by By NICK BUNKLEY
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Shortages of some Japanese-made parts are expected to force the automaker to halt production at one or more plants.
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Hyundai’s Swift Growth Lifts Alabama’s Economy
Posted: February 19th, 2011, 1:16am EST by By NICK BUNKLEY
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The car maker laid down roots and provided jobs for thousands in Alabama as local textile mills closed.
NYT > Home Page
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Hyundai’s Swift Growth Lifts Alabama’s Economy
Posted: February 19th, 2011, 1:16am EST by By NICK BUNKLEY
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The car maker laid down roots and provided jobs for thousands in Alabama as local textile mills closed.
NYT > Business
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Demand for Pickups and Crossovers Lifts G.M. Sales
Posted: February 1st, 2011, 11:40am EST by By NICK BUNKLEY
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Sales increased 23 percent for General Motors and 13 percent for Ford compared with January 2010. Toyota’s sales rose 17 percent.
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G.M. Drops Application for Federal Energy Loan
Posted: January 28th, 2011, 2:20am EST by By NICK BUNKLEY
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The carmaker based its decision on improved cash reserves and a desire to avoid more debt. The request had been pending in order to revamp factories and produce more fuel-efficient vehicles.
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G.M. Plans to Add 750 Jobs at Pickup Truck Plant
Posted: January 24th, 2011, 3:33pm EST by By NICK BUNKLEY
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The carmaker will call back workers from a pool of about 3,000 nationwide and add a shift to build versions of the GMC Sierra and Chevrolet Silverado.
NYT > Home Page
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4 Detroit Police Injured in Shootout
Posted: January 23rd, 2011, 11:43pm EST by By NICK BUNKLEY
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Four police officers were slightly wounded and their assailant killed after he walked into a police precinct and began shooting indiscriminately.
NYT > Business
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Auto Show Outsiders Seek Rebirth
Posted: January 12th, 2011, 2:36am EST by By NICK BUNKLEY
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Automakers like Saab and Volvo, which were sold off by parents like General Motors and Ford, are determined to get positive attention in Detroit.
NYT > Home Page
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Auto Show Outsiders Seek Rebirth
Posted: January 12th, 2011, 2:36am EST by By NICK BUNKLEY
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Automakers like Saab and Volvo, which were sold off by parents like General Motors and Ford, are determined to get positive attention in Detroit.
NYT > Business
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In Detroit, Toyota Vows to Earn Trust
Posted: January 11th, 2011, 12:40am EST by By NICK BUNKLEY
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Akio Toyoda, Toyota’s president, made his first appearance at an American auto show, and said his company was committed to gaining the trust of consumers.
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Ford Plans to Hire More Than 7,000 Workers
Posted: January 10th, 2011, 2:07pm EST by By NICK BUNKLEY
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The carmaker said it would add about 4,000 hourly and 750 salaried positions this year and at least 2,500 hourly jobs in 2012.
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Fiat’s Stake in Chrysler Rises to 25%
Posted: January 10th, 2011, 2:04pm EST by By NICK BUNKLEY
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The increase came after Fiat got permission to build a four-cylinder engine for the Fiat 500, one of three milestones in the partnership agreement.
NYT > Sports
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Looking to Start Over, Michigan Fires Rodriguez
Posted: January 6th, 2011, 2:30am EST by By NICK BUNKLEY
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Michigan fired Rich Rodriguez on Wednesday after two days of meetings between the coach and Athletic Director David Brandon.
NYT > Business
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Toyota Wins Case Arguing Ex-Employee Broke Pledge
Posted: January 6th, 2011, 1:40am EST by By NICK BUNKLEY
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A former lawyer for the company who accused it of hiding damaging information about its vehicles was ordered to pay the carmaker $2.6 million.
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Volt’s Fuel-Economy Label Has 3 Pertinent Numbers
Posted: November 24th, 2010, 8:10pm EST by By NICK BUNKLEY
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The E.P.A. determines the car gets 93 m.p.g., using only the battery. The rating is 37 m.p.g. on gasoline alone and 60 m.p.g. for a combination of the two.
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Nissan Says Its Leaf Gets Equivalent of 99 M.P.G.
Posted: November 22nd, 2010, 4:10pm EST by By NICK BUNKLEY
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The E.P.A. calculated the 99 miles per gallon equivalent figure for the battery-powered car by combining ratings of 106 m.p.g. in city driving and 92 m.p.g. on highways.
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Debt Rising, a City Seeks Donations in Michigan
Posted: November 20th, 2010, 5:10am EST by By NICK BUNKLEY
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The mayor of Mount Clemens, a city of 17,000, sent a letter to 35 tax-exempt groups asking them to contribute to the city’s general fund.
NYT > Home Page
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Debt Rising, a City Seeks Donations in Michigan
Posted: November 20th, 2010, 5:10am EST by By NICK BUNKLEY
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The mayor of Mount Clemens sent a letter to tax-exempt groups asking them to donate to the city’s general fund.
NYT > Business
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G.M., Days Away From Stock Offering, Posts $2 Billion Profit
Posted: November 11th, 2010, 1:47am EST by By NICK BUNKLEY
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The automaker reported its largest quarterly profit in 11 years, showing that it no longer depends on huge sales.
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Chrysler Narrows Its Loss and Raises Its Forecast
Posted: November 8th, 2010, 10:08pm EST by By NICK BUNKLEY
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The automaker lost $84 million in the third quarter, less than half as much as in the previous quarter.
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Pontiac Falls From Muscle Car Glory to Graveyard
Posted: October 29th, 2010, 5:53pm EDT by By NICK BUNKLEY
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The brand that invented the muscle car will endure a lonely death on Sunday after about 40 million in sales.
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G.M. Moves to Clean Up Its Books Before I.P.O.
Posted: October 28th, 2010, 4:16pm EDT by By NICK BUNKLEY
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The automaker will repurchase $2.1 billion in stock held by the federal government, contribute at least $6 billion to its pension plans and pay down debt to a health care fund.
NYT > Home Page
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Ford Posts Another Profitable Quarter
Posted: October 26th, 2010, 3:27pm EDT by By NICK BUNKLEY
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The automaker earned $1.7 billion and said it expected to have zero net debt by the end of December.
NYT > Business
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Ford Posts 6th Straight Profitable Quarter
Posted: October 26th, 2010, 2:03pm EDT by By NICK BUNKLEY
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The automaker earned $1.7 billion and said it expected to have zero net debt by the end of December.
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G.M. Says U.A.W. Wage Deal Clears Way for Subcompact
Posted: October 7th, 2010, 4:48pm EDT by By NICK BUNKLEY
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Under a cost-saving arrangement, G.M. will pay 60 percent of the plant’s 1,550 workers the going wage of $28 an hour, and the remainder of the workers about half as much — or $14 an hour.
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Toyota Says Repairs Progressing on Recalled Vehicles
Posted: October 4th, 2010, 12:55pm EDT by By NICK BUNKLEY
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The automaker said the rate of complaints about sudden acceleration had fallen 80 percent since April and that its dealers had completed 65 percent of the repairs.
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New Models Help September Sales for Automakers
Posted: October 1st, 2010, 3:40pm EDT by By NICK BUNKLEY
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While sales were up, overall demand continued to be lower than automakers had expected it to be at this point in the recovery.
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Toyota Settles Over California Deaths
Posted: September 19th, 2010, 3:27am EDT by By NICK BUNKLEY
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The family died in a 2009 crash that had been documented in a 911 call and drew nationwide attention.
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Toyota Plans 6 New Hybrids for 2012
Posted: September 14th, 2010, 1:21am EDT by By NICK BUNKLEY
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The Japanese car company, which makes the Prius hybrid car, expects to increase its product line in the next few years.
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G.M. Chief to Make $9 Million a Year
Posted: September 11th, 2010, 12:06am EDT by By NICK BUNKLEY
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The annual package includes $1.7 million in salary and a mix of stock, some part of a long-term incentive plan.
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G.M. Makes a Play for Buyers and Investors
Posted: September 9th, 2010, 1:20am EDT by By NICK BUNKLEY
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The reception that the Chevrolet Cruze receives from consumers could play a large role in wooing investors.
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Toyota Recalls 1.1 Million Cars for Engine Problem
Posted: August 27th, 2010, 12:40am EDT by By NICK BUNKLEY
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The latest recall, which covers the 2005 through 2008 Corolla sedan and Matrix hatchback, is the 15th this year for Toyota.
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G.M. Recalls 243,000 Crossovers for Seat Belt Problem
Posted: August 17th, 2010, 11:00pm EDT by By NICK BUNKLEY
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The damage can occur in the second row of the three-row vehicles as the seat is returned to an upright position after being folded flat.
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Initial U.S. Inquiry Supports Toyota’s Claims About Defects
Posted: August 11th, 2010, 1:30am EDT by By NICK BUNKLEY
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Findings by a federal safety agency support Toyota’s claim that it had identified and was fixing the reasons that its vehicles might accelerate out of control.
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Chrysler Loses $172 Million in Quarter, but Sales Continued Climb
Posted: August 10th, 2010, 1:07am EDT by By NICK BUNKLEY
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Chrysler said that it had an operating profit and that the overall loss was mostly due to interest payments on government loans.
NYT > Home Page
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Ex-Dealers Say Chrysler Arbitration Was the Easy Part
Posted: August 7th, 2010, 4:45am EDT by By NICK BUNKLEY
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Former Chrysler dealers who won arbitration rulings said the automaker was refusing to extend a welcoming hand.
NYT > Business
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Ex-Dealers Say Chrysler Arbitration Was the Easy Part
Posted: August 6th, 2010, 8:50pm EDT by By NICK BUNKLEY
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Former Chrysler dealers who won arbitration rulings said the automaker was refusing to extend a welcoming hand.
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Ford Restores Pay of Its Executive Chairman, William Clay Ford
Posted: August 6th, 2010, 8:40pm EDT by By NICK BUNKLEY
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William Clay Ford Jr., the great-grandson of the carmaker’s founder, will receive $4.2 million in cash this year and stock options worth about $11.6 million.
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G.M. Pushes for U.S. to Sell Entire Stake at I.P.O.
Posted: August 6th, 2010, 1:38am EDT by By NICK BUNKLEY
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The chief executive of General Motors said he wanted Washington to sell its entire stake to help shed the stigma of being government owned.
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G.M. Buys a Subprime Lender for $3.5 Billion
Posted: July 23rd, 2010, 2:40am EDT by By NICK BUNKLEY
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G.M. said it hoped to increase sales to consumers with lower credit ratings with the purchase of AmeriCredit.
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Toyota to Resume Construction of Mississippi Plant
Posted: June 17th, 2010, 12:59pm EDT by By NICK BUNKLEY
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G.M. plans to skip a summer shutdown at nine factories to increase production, while Toyota aims to make Corollas at a new Mississippi plant in fall 2011.
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New U.A.W. Leader Hopes to Revitalize Membership
Posted: June 17th, 2010, 12:21am EDT by By NICK BUNKLEY
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Bob King was elected U.A.W. president, and will negotiate with carmakers on a union contract next year, when the Big Three are expected to be profitable.
NYT > Sports
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It Pleases G.M., but Gift of a Corvette Stuns a Few
Posted: June 4th, 2010, 11:17pm EDT by By NICK BUNKLEY
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Was a prize to a pitcher for a near-perfect game “some of the best dollars invested in publicity,” or a squandering of taxpayers’ equity?
NYT > Business
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It Pleases G.M., but Gift of a Corvette Stuns a Few
Posted: June 4th, 2010, 9:40pm EDT by By NICK BUNKLEY
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Was a prize to a pitcher for a near-perfect game “some of the best dollars invested in publicity,” or a squandering of taxpayers’ equity?
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G.M. Plans to Form a Technology Venture Firm
Posted: June 4th, 2010, 1:25pm EDT by By NICK BUNKLEY
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A subsidiary, General Motors Ventures, plans to invest in start-up companies in fields including renewable fuels, information and entertainment systems, and advanced materials.
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Fed Chief Urges More Lending to Small Business
Posted: June 3rd, 2010, 2:16pm EDT by By NICK BUNKLEY
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Ben S. Bernanke said that banks needed to increase lending to small businesses to reduce unemployment and help the economic recovery.
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G.M. and Ford Post Increased Sales in May
Posted: June 2nd, 2010, 4:02pm EDT by By NICK BUNKLEY
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Year to date sales are up 31 percent for each of the automakers, but most dealerships still have relatively few shoppers as the market’s recovery remains slow.
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A Redesigned Ford Explorer to Get a Second Life in 2011
Posted: May 27th, 2010, 8:18pm EDT by By NICK BUNKLEY
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Ford is hoping that substantially improved fuel mileage will cause buyers to consider an S.U.V.
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Ford Investing in E.V. Development in Michigan
Posted: May 24th, 2010, 1:54pm EDT by By NICK BUNKLEY
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With five battery electric and gas-electric hybrids coming down the pipeline, Ford is investing $135 million in two component plants in the Detroit area.
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U.A.W. Wants to Share in Big 3’s Financial Success
Posted: May 13th, 2010, 12:36am EDT by By NICK BUNKLEY
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The union is flexing its muscles and seeking the same benefits and rewards as salaried workers.
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Chrysler Lost $4 Billion but Sees Signs of Improvement
Posted: April 21st, 2010, 11:06am EDT by By NICK BUNKLEY
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Chrysler reported a small operating profit in the first quarter, while G.M. said it has repaid its government loans ahead of schedule.
NYT > Home Page
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Chrysler Lost $4 Billion but Sees Signs of Improvement
Posted: April 21st, 2010, 11:06am EDT by By NICK BUNKLEY
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Chrysler reported a small operating profit in the first quarter, while G.M. said it has repaid its government loans ahead of schedule.
NYT > Business
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Toyota Plans to Recall Lexus S.U.V.
Posted: April 19th, 2010, 7:20pm EDT by By NICK BUNKLEY
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A recall of the 2010 Lexus GX 460 will address a problem with the way the vehicle handles on curves.
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G.M. Report Shows Loss, but Also Optimism
Posted: April 7th, 2010, 11:50pm EDT by By NICK BUNKLEY
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General Motors said on Wednesday that it had a positive cash flow of $1 billion in the six months after emerging from bankruptcy protection.
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Chrysler Says Up to 86 Dealers Can Seek Reinstatement
Posted: March 26th, 2010, 11:32pm EDT by By NICK BUNKLEY
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The notifications came as nearly 400 former dealers prepared to fight Chrysler’s decisions through arbitration.
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Ford’s Chief Earned $17.9 Million in 2009
Posted: March 22nd, 2010, 11:51pm EDT by By NICK BUNKLEY
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Alan R. Mulally’s compensation rose largely because of an increase in stock awards, even though he took a 30 percent cut in salary, to $1.4 million, for 2009 and 2010.
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Investigators Say Brakes Weren’t Used on Crashed Toyota
Posted: March 19th, 2010, 12:48am EDT by By NICK BUNKLEY
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Regulators and Toyota engineers examining the crash of a Prius in New York saw no evidence that the driver had tried to brake.
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Profit This Year for G.M. Is Possible, Finance Officer Says
Posted: March 17th, 2010, 1:48pm EDT by By NICK BUNKLEY
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Christopher P. Liddell also said that a public offering for G.M. was possible this year, but that the company would first need to make a profit.
NYT > Home Page
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Toyota Questions Case of Runaway Prius
Posted: March 15th, 2010, 5:38pm EDT by By NICK BUNKLEY
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Toyota tried to cast doubt Monday on a California man’s claim that his Prius sped out of control, calling the report inconsistent with the findings of a preliminary investigation.
NYT > Business
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Lutz Says G.M. Won’t Profit From Toyota Recalls
Posted: March 12th, 2010, 12:39am EST by By NICK BUNKLEY
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Robert Lutz, a General Motors vice chairman, said it was too early for his company to convert many people who have been driving Japanese cars.
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Lexus, a Toyota Brand, Avoids Taint From Recalls
Posted: March 11th, 2010, 11:57pm EST by By NICK BUNKLEY
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The brand’s sales and reputation have held up, analysts say, because Lexus has not been included in Toyota’s most serious recalls.
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Toyota Says Its Fixes Work When Properly Done
Posted: March 8th, 2010, 6:38pm EST by By NICK BUNKLEY
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The carmaker said reports of continued acceleration problems after a repair could be traced to improper work.