General Motors revealed on Thursday it is the subject of five different government probes related to its massive recalls, including two previously unreported investigations by the U.S. Securities and Exchange Commission and a state prosecutor.
Monthly Archives: April 2014
making Koenigsegg carbon fibre wheels for the One:1 megacar
Inside Koenigsegg Series is back with a new episode, taking a closer look at how this Swedish supercar maker creates the lightweight carbon fibre wheels for the Agera One:1 megacar.
Hyundai Q1 profit hit by slow U.S. sales
Hyundai missed analyst estimates by posting a first-quarter net profit that was almost identical to a year earlier, as increased sales in China and Korea helped offset lackluster U.S. demand.
Volvo adds R-Design trim to V60 Plug-in Hybrid
Volvo has added R-Design trim to the V60 Plug-in Hybrid. The new spec gives the V60 a sportier appearance, with uprated front bumper, grille and rear diffuser. Prices start at £46,675 (including £5000 Government grant) and UK deliveries will start in August.
Recall costs slam GM profits
General Motors Thursday reported slumping first-quarter profits, dragged down by hefty recall charges that eclipsed a strong core operating performance.
