Perhaps the most important vehicle to be launched by Chrysler this year, the 2011 Jeep Grand Cherokee, will start at a price that's a shade less than $33,000 for a four-wheel-drive model. The base model with two-wheel drive is $30,995.
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Chris Perry has been named vice president of marketing at Hyundai Motor America, replacing Joel Ewanick. Perry, 49, has been Hyundaiand#8217;s interim head of marketing since March, when Ewanick joined Nissan North America.
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A bankruptcy judge in Delaware has granted auto parts supplier Visteon more time to win support for its reorganization plan. The judge granted the company's s request today over objections from shareholders who want to submit an alternative plan.
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Perhaps the most important vehicle to be launched by Chrysler this year, the 2011 Jeep Grand Cherokee, will start at a price thatand#8217;s a shade less than $33,000.
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In News Brake: The Porsche 911 GT2 RS is revealed, Hyundai tries to pick up a vehicle from Chrysler, and NASCAR cuts the ribbon for the new Hall of Fame . . . But Wait, There's More!
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Gov. Jay Nixon and Missouri House leaders are making a final push for incentives they say are important to keeping a Ford Motor Co. assembly plant in the Kansas City area.
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We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders.
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Johnson Controls chief executive Steve Roell has told a US conference the battery, interiors and building controls specialist expects its auto revenues would grow "substantially" over the next five years as markets recover and developing markets expand, and as the company gains market share.
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Auto industry supplier China XD Plastics has reported first quarter 2010 gross profit up 106.7% year on year to US$11.9m on record $50m revenue, a rise of 89.6%.
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Turkey's Automotive Industry Association (OSD) has reported a surge in vehicle production during the first four months of the year.
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China's first eight-speed automatic transmission, developed by Shengrui Transmission in Weifang city, Shandong province, has reached prototype form and been launched to the market.
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Despite a congressional frenzy over Toyota's safety recalls, the besieged automaker reports that it spent substantially less money lobbying lawmakers during the first three months of this year than it did during the same period in 2009.
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Efforts to slash the cost of electric vehicles have been hampered by a lack of standardised batteries, potentially limiting early adoption by consumers, the head of Johnson Controls has said.
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COPY/PRODUCTION CHIEF WENDY WARREN KEEBLER: I like this version of the Mazda 6 quite a lot. It has a premium feel to it, in terms of interior appointments, comfort and a smooth, quiet ride.
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Vietnam's automotive industry rode a rollercoaster in 2009 as increased taxes brought sales down earlier in the year, only for tax cuts on passenger cars to inflate segment sales in the latter months of the year.
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Toyota has said it will cut production capacity in Japan by 20% within five years and shifts output to other countries, particularly emerging markets.
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Ferrari has clashed with its unions over plans to idle production and cut its 3,000-strong workforce by 9% due to falling orders for engines from sister brand Maserati.
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An all-new EV powertrain is being developed by Zytek Automotive, a UK technology specialist, which the firm says will support the move of electric cars towards higher volumes.
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A new EV powertrain is being developed by Zytek Automotive, a UK technology specialist, which the firm said would support the move of electric cars towards higher volumes.
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Electric car maker Think says it has completed a US$40m equity increase to support further product development and planned expansion into North American markets.
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