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Automotive News Feed » Chrysler lawyers' first-month bankruptcy bill: $12.7 million
Chrysler's dash through bankruptcy has cost $12.7 million in legal costs in its first month, including just over $256,000 in expenses, according to a court filing outlining the bill submitted by the Jones Day law firm. [Link]
Automotive Headlines » Sharp Provides Solar Cells to Tokai University for One of the World's Largest Solar Car Races
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Automotive Headlines » ArvinMeritor Divests Ownership Stakes in Two Light Vehicle Systems Chassis Businesses
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Automotive News Feed » Supplier ordered to resume shipments to American Axle, easing threat to parts chain
A Michigan judge eased the threat of disruption in the automotive supply chain when American Axle and Manufacturing Holdings Inc. obtained an injunction ordering one of its key steel suppliers to continue shipping. [Link]
Automotive News Feed » Chrysler to idle St. Louis plant
One week after announcing it would open the St. Louis Dodge Ram plant, Chrysler Group LLC said today it would idle the plant July 10 and keep it closed "contingent upon volumes." The Ram factory in Fenton, Mo. [Link]
Automotive News Feed » Hecker improperly transferred money among businesses, documents say
Minnesota dealer Denny Hecker crippled his now-bankrupt rental-car company by charging it inflated lease rates so he could transfer money to his other companies and personal funds, a court filing has alleged. [Link]
Automotive News Feed » Denso names 4th CEO for N.A. unit in 18 months
Yoshiki Sekiguchi has replaced Haruya Maruyama as CEO at Denso International America Inc. and will direct the Japanese auto parts supplier's North American operations, the company announced today. Maruyama had served as CEO since April 2008. [Link]
Automotive News Feed » Delphi lenders object to U.S.-brokered sale
A group of lenders to bankrupt auto supplier Delphi Corp. today filed an objection to a sale brokered by the Obama administration, saying it had been "secretly negotiated" and that the company had stymied consideration of alternatives. [Link]
Automotive News Feed » GM to finish 20% cut in salaried jobs by October
General Motors plans to complete a 20 percent cut in its white-collar work force by October. [Link]
Automotive News Feed » Ford adds 16 to list of preferred suppliers
Ford Motor Co. has added 16 companies to its list of preferred suppliers, the first new names since August 2008. The selections by purchasing chief Tony Brown lean heavily into powertrain suppliers, including Denso Corp. and BorgWarner Inc. [Link]
Automotive News Feed » Dealers decide who gets discounts as 'guzzlers' bill is signed
U.S. auto dealers will determine whether consumers receive markdowns on new vehicle purchases under the $1 billion "cash for guzzlers" program President Barack Obama signed into law on Wednesday [Link]
Automotive News Feed » Renault to invest $128mn in Argentina
French carmaker Renault will invest 500 million pesos ($128 million) between 2009 and 2011 in its Argentine unit to begin production of a new vehicle and modernize a plant, the company said on Tuesday. [Link]
Automotive News Feed » Judge rejects GM investors' bid for 'official' status
A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case. [Link]
Automotive News Feed » GM will do 'heavy lifting' toward plug-in goal
General Motors Corp will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S. roads by 2015, a GM executive said on Tuesday. [Link]
Automotive News Feed » UK announces electric car trial
The UK government announced a £25 million ($40 million) project on Tuesday to run trials of electric vehicles that will help the country reduce carbon emissions from car transport. [Link]
Automotive News Feed » Uncle Sam fuels Detroit sales with big vehicle buy
Amid its demand to Detroit to promote fuel-efficient vehicles, the U.S. government is spending $287 million to purchase more than 17,000 cars and trucks from Detroit's three automakers -- among them two types of pickups and a minivan. [Link]
Automotive Headlines » New MINI Owners Soon Find Their Wheels Are a Passport to Fun - VIDEO ENHANCED
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Automotive News Feed » Daihatsu passes BMW, Audi to reach top of key German poll
Toyota Motor Corp. small-car subsidiary Daihatsu passed BMW and Audi on its way to top honors in customer satisfaction among German car owners, according to a J.D. Power and Associates study published Wednesday. [Link]
Automotive Headlines » Ford, Nissan, Tesla to Receive U.S. Loans
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Automotive Headlines » Newly-Enacted State of Texas Legislation to Increase Natural Gas and Other Alternative Fuel Vehicle Use in Both State and Private Fleets
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Automotive Headlines » Presented By:
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Automotive Headlines » Valvoline Instant Oil Change Simplifies Industry-First 300,000 Mile Engine Guarantee
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Automotive Headlines » Consortium for a French Industrial Electric Drive-train
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Automotive Headlines » Hella Secures Long-Term Financing by Early Renewal of a Syndicated Loan Amounting to EUR 550 Million
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Automotive Headlines » Audatex and HPI Leadership Consolidated with Appointment of Joe Doyle As Managing Director
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Automotive News Feed » Ford UK raises car prices by four percent
Ford Motor Company in Britain will raise car prices by an average 4 percent on July 1, it said on Wednesday, blaming sterling's 20 percent fall against the euro since 2007. [Link]
Automotive Headlines » Strong Residual Values Set to Make All-New Mazda3 First Choice for Cost-Conscious Fleet Operators
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Automotive Headlines » Subaru Dealer Gets Green Fingers
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Automotive Headlines » Hagerty Bonds with Bonhams
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Automotive Headlines » All-Electric i MiEV City Car To Play Prominent Role in Government's £25 Million "Real World" Trials
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Automotive Headlines » Ricardo to Develop Advanced Transmission For China's Weifang Shengrui
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Automotive Headlines » Ford Electric Vehicle Prototypes Plug In To UK Government Low Carbon Vehicle Fleet
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Automotive Headlines » 1 Million Michiganians Have July 4 Travel Plans, Says AAA
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Automotive Headlines » DENSO Names New President and CEO of North American Headquarters
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Automotive Headlines » How a Cup of Coffee, and Some Safety Tips, Could Save Your Life
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Automotive Headlines » All-New Special Edition 2010 Kia Soul
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Automobile Magazine News » Doug DeMuro - Carspotter!
Doug DeMuro - Carspotter!Doug DeMuro finds and photographs exotic cars in their native habitat - on the road, at speed.Doug DeMuro's Hit List Photo Gallery: Carspotter Doug DeMuro - Audi R8, Ferrari F430 Spyder, Ferrari Enzo - Automobile Magazine Photo Gallery: Carspotter Doug DeMuro - Audi R8, Ferrari F430 Spyder, Ferrari Enzo - Automobile MagazineRead More | Digg It | ... [Link]
Automotive Headlines » Volvo: Heavy Trucks of the Future Will Be Super-Light - VIDEO STORY
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Automotive Headlines » Toyota and EDF Energy Awarded UK Government Funding for Innovative PHV Road Trial: 20 New PHVs on UK roads in 2010
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Automotive Headlines » Mini E Gets Government Green Light For UK Trial
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Automotive Headlines » smart awarded £2.5m Funding from Technology Strategy Board to Create Further Electric Car Trials
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Automotive Headlines » Peugeot to Celebrate 75th Anniversary of Coupe Cabriolets
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Automotive Headlines » Autobots with Bow Ties Make Middle Eastern Silver Screen Debut
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Automotive Headlines » Presented By:
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Automotive Headlines » Free Car Shows in Federation Square
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Automotive Headlines » Fisker Plug-In Hybrid Wins North American Concept Vehicle of the Year Award Category - VIDEO ENHANCED
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Automotive Headlines » Kia Soul'ster Awarded 2009 Concept Truck of the Year
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Archive
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About Used Cars Riverside’s Auto News Blog
Used Cars Riverside’s automotive blog provideds news, information and commentary from some of the leading writers in the new and used car sectors of the automotive industries. National and local developments in the new and used car industry can be tracked on this blog. Feel free to email us to suggest an rss feed relevant to the used car and auto broker industries.
Automotive News Feed
- Toyota's hot answer to Honda's CR-Z September 8, 2010Could this be Toyota's riposte to Honda's CR-Z sporty hybrid? Since debuting at January's Tokyo Auto Salon, an open-cockpit sports hybrid concept based on Toyota's MR2 has tantalized buffs yearning for something brawnier in...
- Mitsubishi's chief U.S. supply executive retires, won't be replaced September 8, 2010Mitsubishi Motors Corp.'s top supply chain executive in the United States has retired, and the automaker has no plans to hire a replacement.
- Chrysler expands lease offers under new pact with U.S. Bank September 8, 2010Chrysler Group has taken another step toward reviving its leasing business by signing an agreement to offer leasing through US Bank. The automaker announced the arrangement in an e-mail to dealers today.
- Chevrolet Cruze output begins with expectations high September 8, 2010Ordinarily, it would be a massive undertaking for any automaker. A new model on an all-new platform. A new body shop and new stamping operations. A workforce of 4,500, including 600 temporary employees. Numerous new assembly processes and parts.
- Chevy Cruze rolls off assembly line in red, white and blue September 8, 2010General Motors Co. today celebrated the domestic production launch of its much-anticipated 2011 Chevrolet Cruze in Lordstown, Ohio. GM, which is 61 percent owned by the U.S.
- Volvo's safety reputation should be preserved by its new owners September 8, 2010Volvo needs to protect its reputation. If it stumbles under Chinese ownership, it may be impossible to regain those loyal buyers. If I were a Volvo dealer, I would be concerned.
- The auto rescue, f-bombs, and vanishing billions spice Rattner's inside tale September 8, 2010While there have been other books about the Obama administration, this is the first from the inside and it is full of glimpses behind the curtain that we usually have to wait four years to see.
- Aisin appoints new president of North America operations September 8, 2010Toyota-affiliated supplier Aisin Seiki Co. Ltd. has appointed Masayasu 'Mike' Saito as president of its North American operations, company spokesman Joe Rohatynski said today. Saito's responsibilities include Aisin World Corp.
- Navistar profits top analyst expectations, but outlook lowered September 8, 2010Truck and engine maker Navistar International Corp. posted higher-than-expected quarterly profits on strong sales of armored fighting vehicles to the U.S. military, but overall sales fell short of forecasts.
- Chrysler to expand lease offers under new pact with U.S. Bank September 8, 2010Chrysler Group has taken another step toward reviving its leasing business by signing an agreement to offer leasing through U.S. Bank. The automaker announced the arrangement in an e-mail to dealers today.