Volkswagen CEO Martin Winterkorn will unveil a new strategy for the automaker called Future Tracks by year end, a German magazine report said.
Daily Archives: April 18, 2014
GM Asks Courts for Protection Because It Technically Became a New Company in 2009
As the pressure continues to mount for General Motors over its ignition switch recall, the company has asked a judge to delay action on the ignition lawsuits until a panel on multidistrict litigation rules whether the 30 cases can be combined and a bankruptcy court decides whether the claims violate GM’s 2009 bankruptcy order.
GM faced a Cadillac ignition switch issue in 2006
General Motors engineers reported accidentally turning off ignition switches in a Cadillac SRX with their knees more than eight years ago, and they ordered a similar fix to a similar problem in smaller, cheaper cars linked to 13 deaths, according to documents from parts maker Delphi Automotive.
Toyota Camry tries to shed vanilla reputation
Shaken by the advances of newer, sportier rivals, the Toyota Camry is trying to shed its vanilla reputation.
Suzuki joins fuel-efficiency race with simplified hybrid system
Suzuki said today it will introduce an affordable, simplified gasoline-electric hybrid technology in its cars, joining rivals in the race for fuel efficiency.
Suzuki, which has largely focused on internal combustion engines, said it needs to boost fuel efficiency to survive in a competitive industry.
