Fri, 13 Nov 2009
Daimler AG will decide by January whether to shift some C-class passenger-car production to its U.S. factory in Vance, Ala. “It's no secret that a decision for the new C-class has to be made in the near future,” and that includes expansion of production, Daimler CEO Dieter Zetsche said Thursday during a briefing with journalists.
Tue, 22 Jun 2010
The first mainstream hybrid with a six-speed manual, the 2011 Honda CR-Z, will sticker at a shade less than $20,000 when it arrives on the market on Aug. 24. Honda announced pricing for the sporty compact two-seater on Tuesday, and a base car with the manual starts at $19,950, including a $750 destination charge.
Fri, 24 Dec 2010
Toyota Motor Corp. agreed to pay $10 million to settle a lawsuit with the families of four people who were killed in an accident that led to the automaker’s recall of millions of vehicles over unintended acceleration concerns. The settlement was reached in September, but the amount was not made public at the time after both Toyota and the plaintiffs agreed to keep the deal confidential.
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