Feb 09 Report claims automakers have failed to make cars hacker-proof By Joan Lowy, Associated Press WASHINGTON — Automakers are cramming cars with wireless technology, but they have failed to adequately protect those features against the real possibility that hackers could take control of vehicles or steal personal data, a member of the U.S. Senate is… Continue reading
Apr 09 Toyota recalls 6.4 million vehicles for five separate defects By Ellen Rolfes Toyota announced a recall of 6.4 million vehicles globally, including 1.77 million of its vehicles in the U.S., for five potential safety faults. Only two of the flaws, USA Today reports, apply to U.S. models. Continue reading
Mar 19 Watch What Toyota's $1.2 billion settlement means for the auto industry By PBS News Hour The Justice Department announced a record $1.2 billion dollar penalty leveled at automaker Toyota. A four-year criminal investigation determined the car company had concealed unintended acceleration issues, a serious safety concern. That case could serve as a warning to General… Continue watching
Feb 13 Watch Possible unionization by Volkswagen auto workers spurs political backlash in Tennessee By PBS News Hour Continue watching
Jan 05 Watch How the U.S. Auto Industry Picked Up Speed in 2011 With nearly 13 million cars sold, 2011 turned out to be the strongest year for Detroit's major automakers since the financial crisis hit in 2008. Margaret Warner discusses just how that 10 percent increase came to be with David Shepardson,… Continue watching
Oct 12 Watch UAW, Big 3 Reach Agreement Amid New Economic Climate The United Auto Workers has reached a deal for a new contract with Chrysler after working out similar deals with GM and Ford. Jeffrey Brown discusses what these new labor contracts might mean for workers and the Big Three automakers… Continue watching
Jul 27 Watch Stakes High at Start of UAW-Big 3 Talks, But 'Both Sides Want This to Go Well' Detroit's Big 3 Carmakers, UAW Start Labor Talks… Continue watching
May 17 GM Posts First Profit in Three Years General Motors announced Monday that, thanks to an uptick in sales plus lower debt and expenses after bankruptcy, it made $865 million in profit in the first quarter of this year -- its first profit posting since the… Continue reading
Apr 21 Watch Hope Seen for U.S. Automakers as GM Repays Part of Bailout As General Motors begins paying back its loan from the U.S. government, Margaret Warner talks to a reporter with the Detroit News about the auto giant's prospects for recovery after last year's government bailout. Continue watching
Apr 07 GM Announces $4.3 Billion Loss in First Post-Bankruptcy Report General Motors announced Wednesday it lost $4.3 billion in the six months that followed its emergence from the fourth largest corporate bankruptcy in U.S. history last summer. While the loss may seem staggering, the company's first official… Continue reading