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Car Comparison

by Automaker News
GM's Lutz says hybrids, electrics are future

General Motors Co. will keep making big trucks and SUVs because U.S. buyers demand them, but a major portion of them will be gas-electric hybrids in the near future, retiring Vice Chairman Bob Lutz said Friday.

Toyota 'smoking gun' memo from staff warned of safety issues FOUR years ago

Toyota has been forced to hand a 'smoking gun' memo produced by its own factory workers to US investigators probing a spate of system faults.

Rattner: Auto bailout saved Michigan from bankruptcy

The Detroit News reports that ex auto task force chief Steve Rattner recently told an audience at a bankruptcy conference that the state of Michigan and the city of Detroit would have faced municipal bankruptcy if Chrysler and GM were liquidated.

CEO pushes change

Over the years, Chrysler Group LLC has developed vehicles using an outdated and expensive structure even as its sales and resources were shrinking.

Chrysler in Hibernation Means Marchionne May Have to Wait on Fiat Spinoff

Fiat SpA , the Italian carmaker that helped Chrysler Group LLC emerge from bankruptcy, may wait to turn around the U.S. business before deciding on a share sale or spinoff for its automotive division.

German carmaker Volkswagen confirms 2009 net income fell 80 percent to $1.3 billion

Europe's biggest carmaker Volkswagen AG says its 2009 net income declined 80 percent to euro960 million , confirming its preliminary estimate released in February.

Lewis: Economic green shoots more like weeds

Nick Tenant was running an auto detailing business in Detroit when the auto industry collapsed.

Toyota, U.S. officials investigate runaway Prius

U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis.

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