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Judge tosses out $1 billion GM settlement deal

The trust set up to handle GM's bankruptcy claims acted in bad faith in reaching a $15 million class-action settlement that would have forced the company to contribute as much as $1 billion in new stock, a judge ruled in throwing out the accord. Continue Reading

PSA to electrify global product lineup by 2025

French automaker PSA plans to bring electrified options to its full car and light-truck lineup by 2025, joining other automakers in pledging to widely deploy partial or fully electric powertrains to lower emissions, CEO Carlos Tavares said Wednesday. Continue Reading

The Listening and Learning Tour

Washington politicians and bureaucrats are crawling all over the North American International Auto Show floor this week. House Energy and Commerce Committee Chairman Greg Walden, R-Ore., and Rep. Continue Reading

BMW scratches the X in X7

The BMW Concept X7 was supposed to make its Detroit auto show debut this week but "the SUV was damaged while in transport to Detroit by truck," a BMW spokeswoman said Tuesday. Continue Reading