Ally Financial Inc., which sopped up $17.2 billion in U.S. automotive bailout funds, needs to be cut up, says the U.S. Treasury. Automotive News reports the Treasury has recommended that auto finance company Ally be broken up and sold, preferably back to original owner General Motors. Bloomberg notes that this has much to do with Read on! →


In the fiercely competitive automotive industry, automakers are always looking for ways to integrate the latest technology into the vehicles they make. As modern cars do more and more things, electronically speaking, more instrumentation is also required. This can lead to crowded consoles and confusing interfaces. Touchscreens have already become commonplace in new vehicles. Another Read on! →


General Motors is dropping the Mr. Goodwrench name from its dealerships and service stations. It isn’t that GM is canceling service stations at dealerships — far from it. From now on, service stations will be brand name specific. Mr. Goodwrench, or Goodwrench Service Plus, as it is labeled today, is changing names as part of Read on! →


General Motors has announced that it will be buying a significant portion of shares back from the Treasury. As part of the auto bailout, GM had to turn over a number of preferred shares to the United States Treasury. Earlier this year, GM announced it was getting back to fiscal health, and the company was Read on! →