Monthly Archives: August 2013

GM demands suppliers cover future recall costs

GM presses suppliers for future recall costs

General Motors has adopted a new purchasing contract that would allow it to recover from suppliers the cost of safety recalls — even if a component met GM specifications, says a lawyer for suppliers.

Lexus LS-based TMG Sports 650 concept detailed

Lexus has released a video highlighting the development of the LS based TMG 650 Sports concept.

Reasons young people delaying entrance into car market

Reasons young people delaying entrance into car market

Mustafa Mohatarem, chief economist for General Motors, addresses the Center for Automotive Research Management Briefing Seminars in Traverse City, MI.

BMW owners wait for repairs on supply chain breakdown

BMW owners wait for repairs on supply chain breakdown

BMW is struggling to deliver spare parts on time because of a new supply-management system, forcing customers to wait for repairs.

Porsche plaintiffs lose bids for access to German prosecutors’ files

Porsche plaintiffs lose bids for access to German prosecutors' files

Plaintiffs seeking damages against Porsche SE over its failed takeover of Volkswagen in 2008 have been denied access to German prosecutors’ files that might have helped their civil lawsuits.