A number of analysts are predicting that General Motors’ June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.
GM has issued 44 recalls covering 20 million cars and trucks this year as it undergoes a top-to-bottom safety review in the wake of a mishandled recall of small cars. So far, GM has announced or taken charges totaling $2 billion to cover recall costs.
A joint venture of General Motors in China will recall 194,107 locally made Buick vehicles due to Chinese consumer complaints about the cars’ headlights, the country’s quality watchdog said on Friday.
Automotive safety products supplier Autoliv Inc. said it reached an agreement in principle to settle a class action securities lawsuit in the United States.
By Bernie Woodall
Fiat Chrysler Automobiles will begin selling Jeep, the SUV brand central to its global expansion, in India in 2015, the brand’s chief, Mike Manley, said on Thursday.
Remember the single-seater Jaguar Project 7 design study based on F-Type from last year’s Goodwood Festival of Speed?
