Ally Financial CEO Carpenter won't get pay hike, U.S. Treasury saysAuto News

The Obama administration is holding the total compensation unchanged this year for the head of bailed-out auto lender Ally Financial, the Treasury Department said on Wednesday.



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Senators probing GM raise prospect of criminal wrongdoingAuto News

A Senate panel today raised the prospect of criminal prosecution and promised more hearings over General Motors' failure to fix a defective ignition switch, as GM CEO Mary Barra withstood a scolding from lawmakers flummoxed by a lack of answers.



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Senators Hint at 'Cover-Up' (4/2/14)

Lawmakers likely to call ex-GM officials to testify on recall; Ford takes currency hit; 6th Corvette...

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Energy Dept. dangles interest-free financing for suppliersAuto News

The U.S. Department of Energy wants auto suppliers to know that it still has $16 billion in interest-free financing available to support efficient-vehicle programs, and it wants them to step forward for a share of those funds.



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Tesla appeals N.J. ruling on direct-sales banAuto News

Tesla filed an appeal today in New Jersey Superior Court to overturn last month's ruling that banned the electric-vehicle maker from selling its cars directly to consumers through factory-owned stores there.



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Senators hint at cover-up by GMAuto News

Members of a United States Senate consumer-protection panel said today that they would likely set a hearing to question former GM officials who were in charge during the years when the company failed to recall a faulty ignition part, as several...



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AutoNation reports 6% March volume increase, best-selling Q1 since 2007Auto News

AutoNation said today its new-vehicle retail sales in the United States rose 6 percent in March from a year earlier to 28,796 units.



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Senator accuses GM engineer of lying about '06 switch redesignAuto News

A United States senator today accused a General Motors engineer of lying about his role in the 2006 redesign of a flawed ignition switch that now is linked to 13 deaths, and said GM "chose to conceal, rather than disclose" the safety defect for more...



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GM ignition recall-suit consolidation sought before Toyota judge in Calif.Auto News

GM's growing number of lawsuits over the recalls of now 2.59 million small cars for faulty ignition switches should be consolidated before the same judge overseeing Toyota's acceleration cases, a lawyer for vehicle owners said.



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Jesse Jackson leads minority trade mission to Japan's automakersAuto News

Jesse Jackson is leading a Rainbow PUSH Coalition trade mission to meet with the heads of Japan's leading automakers later this week, in order to increase the representation of minority interests in management, suppliers and dealerships.



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Ford will cut about 950 jobs in Russia as ruble, car demand weakenAuto News

Ford's Russian joint venture is cutting about 950 jobs at two factories in response to the falling ruble and deteriorating demand in the country.



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Chrysler recalls 867,795 SUVs worldwide to repair brake systemAuto News

Chrysler Group is recalling 867,795 Jeep Grand Cherokee and Dodge Durango SUVs to install a shield to protect brake boosters from water corrosion.



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