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Lincoln future product and branding tops Ford's to-do list

Ford plans to further differentiate the Lincoln and Ford division product lineups, while giving the luxury Lincoln brand a 'point of view,' company leaders promise. Ford is also planning for fewer Lincoln dealerships in major metro areas.

Tim Allen to be new voice of Chevy starting with Cruze ads

Chevrolet has tapped actor and comedian Tim Allen to be its voice, beginning with TV advertising for the new Cruze compact. The first ads for the Cruze will air Tuesday, Sept. 7, Chevrolet said today.

Obama sought Ghosn to run GM, Rattner says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout...

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.

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.

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.

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.

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...

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.

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.