IPO for GM Delayed until Next Week
Lydia PeterssonAugust 13, 2010
Automaker General Motors has put off filing with the SEC for its IPO until early next week. The company had the filing originally scheduled for today. GM will update its prospectus in the interim.
Full Story| Editorials | |
Lydia PeterssonAugust 12, 2010 |
Net Income of $1.3 Billion in 2Q for GMToday, General Motors announced a second-quarter net income of $1.3 [...] Full Story |
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Alannah TremblayAugust 11, 2010 |
American Study Points to Driver Error in Most Toyota AccidentsA recent study by the National Highway Traffic Safety Administration [...] Full Story |
| Recalls | |
Shawn MaynardAugust 10, 2010 |
FTC Petition Seeks to Ban Rental of Recalled Cars before RepairsA group is petitioning the FTC to forbid Enterprise Rent-a-Car's [...] Full Story |
More Automobile News, Reviews & Information
Auto Shows |
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Raelene MartinApril 6, 2010 |
Compact and Electric Cars Beat Muscle Cars at NY Auto ShowThe New York International Auto Show begins today at the Javits Center in New York City. The emphasis is no longer on large vehicles and muscle cars, however. Compact vehicles, electric cars, and other European-style vehicles are taking center [...] |
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Editorials |
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Esteban Sanchez-AguilarAugust 6, 2010 |
Obama Praises U.S. Auto Industry at Chicago Ford PlantOn Thursday, President Obama visited a Ford assembly plant in Chicago, Illinois. He delivered a 17-minute speech in which he praised the American car industry. He also heralded the construction of the 2011 Ford Explorer, which will allow Ford to [...] |
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Hybrid & Technology |
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Sue JeongJuly 28, 2010 |
Hybrid Porsche $650,000 Spyder Supercar Given Green LightThe supervisory board at Porsche AG has given the green light on production of the 918 Spyder hybrid supercar. The Porsche 918 Spyder will blast from 0-100 kmh in about 3.2 seconds. The Spyder hybrid could become the automaker's most [...] |
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Insurance & Finance |
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Lydia PeterssonAugust 9, 2010 |
Automaker Chrysler Shrinks Losses in Second QuarterOne year out of bankruptcy, Chrysler appears to be on the mend. The automaker improved its loss of $197 million in the first quarter to $172 million in the second. Car and truck sales were up, helped by the introduction [...] |
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OEM & Suppliers |
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Naoto HayashiJune 18, 2010 |
Toyota's Supplier Affected by Second China StrikeA supplier for Japanese carmaker Toyota has been dealing with a second strike in China this week. The strike is only the latest of many labor disputes between the area's 130 million auto workers and management teams. Automakers are resisting [...] |
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Recalls |
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Shawn MaynardAugust 9, 2010 |
Carmaker Honda to Recall 384,000 Autos for Roll-Away ProblemsToday, Honda announced a recall of 384,000 autos due to roll-away issues. Honda said defective ignition interlock devices may fail and allow the vehicles to roll away. The recall includes the 2003-2004 Honda Element and the 2003 Honda Accord and [...] |
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