AM General reached an agreement with the U.S. Department of Energy to acquire Michigan-based Vehicle Production Group, the troubled developer and manufacturer of the MV-1, a vehicle designed for passengers in wheelchairs.
Daily Archives: September 6, 2013
Renault’s EV sales fall short – Ghosn pushes budget cars
Renault CEO Carlos Ghosn is pinning growth efforts on rising demand for budget cars as his push into higher-priced electric vehicles comes up short.
Automotive field of dreams sown with American steel
Chevrolets are lined up in a field near the Lambrecht Chevrolet dealership in Pierce, Neb. Later this month, bidders will attend a two-day auction that will feature about 500 old cars and trucks, many with fewer than 10 miles on the odometer.
new Volkswagen Golf has interior water leakage problems
Volkswagen Group is looking into the causes of water leakage in its new Golf and played down a German magazine report that described the problem as large-scale.
Fiat may face 2015 trial over value of UAW Chrysler stock
Fiat Group may have to wait until 2015 for a trial over the value of some Chrysler Group shares owned by a union healthcare fund, further delaying a plan to combine the two companies.
