(July 30, 2012) AUBURN HILLS, Mich. — Chrysler Group today reported its preliminary second-quarter financial results, including net income of $436 million, an $806 million improvement from the $370 million net loss in the same quarter last year, which had included a $551 million charge related to repayment of its government loans.

(July 30, 2012) WOLFSBURG — Long distance driving veteran Rainer Zietlow and his team have set off on a new record-breaking trip: the long-distance adventurer is aiming to do 23,000 kilometers (14,291 miles) from Melbourne to St. Petersburg in a Touareg powered by the standard engine.

(July 30, 2012) DETROIT — General Motors has dismissed global marketing chief Joel Ewanick two years after hiring him, Automotive News reported today. "He failed to meet the expectations the company has of an employee," spokesman Greg Martin said Sunday, without elaborating.

(July 30, 2012) DETROIT — The first Chevrolet Corvette, the XP-122 Motorama concept car, and the latest model, the 2013 Corvette 427 Collector Edition convertible, are separated by 60 years of automotive development and advancement. They do not share a single common component, yet the visual connection between the first and sixth generations is obvious.

(July 29, 2012) LOS ANGELES — Get ready to see more hamsters riding around in the Kia Soul. The automaker is launching the fourth iteration of its popular rodent-centric marketing campaign, which includes TV spots starring animated hamsters — often wearing hip-hop gear— driving the hatchback, reports Advertising Age.

(July 28, 2012) DETROIT — General Motors researchers are developing a promising driver assistance feature potentially capable of detecting pedestrians and bicyclists on congested streets or in poor visibility conditions before the driver notices them.

The feature relies on Wi-Fi Direct, the peer-to-peer wireless standard that allows devices like some smartphones to communicate directly with each other rather than through a shared access point like a cell phone tower.

(July 27, 2012) AKRON, Ohio — Steve McClellan, president of Goodyear Tire Company's North American unit, announced today that Goodyear will hire 1,000 veterans over the next three years through its partnership with the United States Chamber of Commerce Hiring Our Heroes program.

(July 27, 2012) DEARBORN, Mich. — EcoBoost is taking over the world — at least when it comes to Ford Motor Company’s motorsports program in the month of August.
 
Ford’s latest engine technology, which provides increased fuel efficiency and decreased emissions without sacrificing power, has been a major hit with consumers worldwide. Beginning with the first weekend in August, motorsports fans will get a heavy dose of Ford EcoBoost highlighted through a unique livery on selected racing vehicles around the world.

(July 27, 2012)  Ford is recalling 424,000 Escapes in the United States, model years 2001 through 2004,  because a cruise control defect may cause the throttle to stick, leading to unintended acceleration.

The U.S. National Highway Traffic Safety Administration announced it was investigating the safety defect July 17, based on 99 complaints, including 13 crashes and the death of a 17-year-old Arizona girl.

(July 27, 2012) DETROIT — The first 2013 Cadillac ATS compact luxury sport sedan intended for public sale was built Thursday at the Lansing Grand River assembly plant in Michigan, culminating a massive design and development project.