Daily Auto News
GMAC, the lending arm for General Motors and Chrysler, is expected to receive an approximately $3 billion bailout from the federal government. The government has yet to issue an official announcement, but the money will come out of the same fund that provided bailouts for Chrysler and GM.
Daily Auto News
On the heels of an announcement that Audi will offer a Q5 hybrid in 2011, the German automaker has issued a recall on the 2009 Q5 SUV.
Daily Auto News
Ford recently announced that it aims to complete the sale of its Volvo Cars unit to a Chinese company, Zhejiang Geely Holding Group, sometime in 2010. What the deal means for Volvo’s safety-based identity isn’t clear, which has prompted some former executives to voice concern.
Daily Auto News
Ford announced last week that its SYNC-equipped vehicles would become rolling WiFi hotspots beginning in 2010. Now comes another revelation about the automaker’s popular multimedia system.Ford will become the first to offer iTunes tagging through iPods on SYNC-equipped vehicles.
