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Temecula, California, US
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GM to halt medium-duty truck production
Mon, 08 Jun 2009Production of the Chevrolet Kodiak and the GMC Topkick medium-duty trucks will cease by July 31, General Motors said Monday. GM has spent four years searching for potential buyers for the truck business, but has decided to wind down its medium-duty truck operations. In 2007, Navistar International Corp.
Kia plots rear-wheel-drive strategy
Mon, 13 Feb 2012Kia is going rear-wheel drive. The company's first-ever production rear-wheel sedan will launch in Korea in the first half of this year. It's code-named “KH,” and it shares a platform with the Equus, Hyundai's top-of-the-line RWD sedan.
How Fisker fell apart
Tue, 30 Apr 2013At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.