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News as it happens from autonews.com
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Ford's Raptor pickup boasts bigger engine, more seats
Ford dealers begin taking orders today for the 2011 F-150 SVT Raptor pickup, featuring a larger standard engine and more seating capacity. For starters, all 2011 Raptors will come standard with a 6.
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U.S. Treasury mulls over foreign investors in GM, report says
The U.S. Treasury is concerned about how many foreign investors it should allow to buy big stakes in General Motors Co.'s proposed initial public offering, the Wall Street Journal said.
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GM's new CEO meets with UAW leaders, says let's work together
New GM CEO Dan Akerson, in his second official day on the job, said today in a Labor Day greeting to GM's 80,000 employees in the United States and Canada that he recently had a get-acquainted meeting with UAW President Bob King and UAW GM...
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Former GM CEO Henderson to head SunCoke after spin-off from Sunoco
Former GM CEO Fritz Henderson has been tapped to become CEO of SunCoke Energy following its separation from Sunoco Inc. next year.
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Ford settles Explorer suit after losing $131 million verdict
Ford settled a lawsuit over the death of a New York Mets minor league baseball player in an Explorer accident after a jury ordered the company to pay his estate $131 million. A Jasper County, Miss.
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AutoNation to bid on 'multiple' Fiat franchises
AutoNation Inc. said today it plans to bid on "multiple" Fiat franchises after Chrysler unveiled its plans for the brand to dealers at a meeting in Detroit on Monday. COO Michael Maroone said he was impressed with the presentation.
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Hyundai to debut minivan at Paris show
Hyundai will debut a small minivan called the ix20 at this year's Paris auto show. The company says the new model has a dynamic, sporty profile that is a striking departure from the more boxy-looking models typically found in the segment.
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Redesigned 2011 Dodge Durango has three rows of seats, new logo
Dodge today released the first pictures of the 2011 Durango SUV. The Durango will be built at Chrysler's Jefferson North assembly plant on the same platform as the Jeep Grand Cherokee.
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Kia recalls Souls and Sorentos for fire risk
Kia Motors America said today it is recalling about 35,000 2010-11 Souls and Sorentos because faulty wiring harnesses could short and cause a fire.
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Toyota's minicar division recalls half-million cars in Japan
Daihatsu Motor Co., the minicar unit of Toyota Motor Corp., is recalling more than a half-million vehicles in Japan because of faulty rear indicator lamps. The recalls are another blow to Toyota, which already has recalled 12.
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