News - Auto News

Judge tosses out $1 billion GM settlement deal

The trust set up to handle GM's bankruptcy claims acted in bad faith in reaching a $15 million class-action settlement that would have forced the company to contribute as much as $1 billion in new stock, a judge ruled in throwing out the accord.

Ford faces questions from U.S. senators over 'do not drive' warning

Two senators asked the Transportation Department to explain why a "do not drive" directive issued last week by Ford is limited to about 2,900 older pickup trucks and if other vehicles are potentially at risk from defective airbag inflators.

PSA to tap GM expertise in return to U.S.

France's PSA Group has found a bonus benefit in engineers from its newly acquired Opel unit. The former GM employees are helping make PSA products compliant with United States regulations,

Jeep sees banner year with new products, Manley says

While other mainstream auto brands head for sliding United States demand this year, Jeep is rolling out new models to buck the trend and bring 16 straight months of sales declines to an end.

Hoeegh Autoliners is offering a new, direct service to New Zealand and Australia with a U.S. automaker as its launch customer.

Automakers will have another shipping option from the United States to Australia and New Zealand when Hoeegh Autoliners in March begins offering a monthly direct service from the Port of Baltimore.