“Car Czar” Rattner settles with Cuomo over pension fund kickbacks

Filed under: Etc., Government/Legal

New York Attorney General Andrew Cuomo has announced that his office settled with former White House Task Force “Car Czar” Stephen L. Rattner for $10 million. The agreement comes following charges that Rattner engaged in a kickback scheme involving New York’s pension funds while he was an executive with Quadrangle Group.
Rattner, who [...]

Report: Johnson Controls buys Recaro

Filed under: Etc., Hirings/Firings/Layoffs, Earnings/Financials

The automotive seat and specialty slice of Recaro officially has a new owner. Johnson Controls has snapped up Keiper Recaro Group – formerly owned by Putsch Gmbh & Co. KG – swallowing both the recliner manufacturer Keiper and the well-known automotive seat-maker Recaro in one fell swoop. In so doing, Johnson [...]

Video: How not to tow your modified Subaru

Filed under: Etc., Videos, Subaru

A lesson in how NOT to tow – Click above to watch video after the jump

Sometimes you have to tow a car. It’s generally not a big deal and most of us have been a tower or towee at some point. One rule of thumb when manning the car being towed [...]

Report: Honda owners’ accounts hacked, millions of customers at risk

Filed under: Government/Legal, Honda

The Internet has indeed revolutionized the way people do business, but this doesn’t come without some faults. Hackers pose a threat to not only individual people’s computers, but to the databases of large corporations, and a recent attack on American Honda now means that 2.2 million owners have had their personal information [...]

Daily U-Turn: What you missed on 12.30.10

The Best and Worst Automotive Trends of 2010
2010 – It sure has been quite a year. Let’s take a quick look back on some of our favorite and least favorite trends.

Video: San Francisco’s 1989 Earthquake from the CHP’s point of view
Here’s an intriguing look back at an extremely difficult moment in California’s history that will [...]