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Apr
1st

CarMax doubles quarterly profit; shares jump

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CarMax Inc.'s fourth-quarter profit more than doubled, partly helped by a 13 percent rise in total used vehicle sales, and the company said it plans to open three previously announced stores in fiscal 2011. CarMax shares rose on the news. Full story...
Apr
1st

New York auto show: 2011 Hyundai Equus hits North America:

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Hyundaiand#8217;s latest and most upscale foray into the luxury segment was revealed on Thursday at the New York auto show when the 2011 Equus sedan hit North America. Full story...
Apr
1st

US: UAW health trust should get $1.78bn from Ford warrants

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The United Auto Workers healthcare trust is expected to net about US$1.78bn from an auction of Ford Motor stock warrants it received as part of its funding, the automaker has said. Full story...
Apr
1st

US: Oshkosh wins fraud dismissal suit

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Truck maker Oshkosh has won dismissal of an investor class-action lawsuit alleging the maker of heavy trucks inflated its stock price by failing to write down a troubled Dutch acquisition fast enough. Full story...
Apr
1st

THE WEEK THAT WAS: Swedes to the fore

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Big news began the week as Geely finally reached a deal to take Volvo off Ford's hands. Full story...
Apr
1st

New York auto show: 2011 Kia Optima revealed with fresh design and engines:

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Kia has made strides in recent years with dramatically upgraded products, and the Korean car company appears to be hitting full speed with the 2011 Optima midsize sedan revealed on Thursday at the New York auto show. Full story...
Apr
1st

just-auto takes an Easter break

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Friday (April 2) and Monday (April 5) are Easter public holidays here in the UK - and that means just-auto won't be updated or daily newsletters emailed until Tuesday (April 6). Full story...
Apr
1st

Toyota to extend incentives, may expand free maintenance offer

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Toyota Motor Corp., attempting to rebound from record recalls, plans to extend no-interest loan and discount lease offers for at least another month and may make free maintenance standard for all U.S. buyers. Full story...
Apr
1st

After March advance, Toyota plots next incentive move

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After a strong, incentive-driven sales increase in March, Toyota will announce Monday what kind of spiffs it will use to continue promoting its vehicles. Full story…

Apr
1st

First Look: 2011 Kia Forte 5-Door

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First Look: 2011 Kia Forte 5-Door
2011 Kia Forte 5-Door - 2010 New York Auto Show Coverage, New Car Reviews, Concept Cars - Automobile Magazine
The Forte family grows.

Kia took the wraps off a third Forte model, a sleek-looking hatchback that will join the coupe and sedan this summer. Compared to the sedan, the new body style trims seven inches from the overall length, but height, width, and wheelbase remain the same. The two-engine lineup mirrors that of today's Forte, with a 156-hp, 2.0-liter in the base car and a 2.4-liter, 173-hp unit powering the sport version. Either engine offers the choice of a six-speed manual or a six-speed automatic with shift paddles.inline_mediumwraptextright27408368/features/news/1004_2011_kia_forte_5_door2011-kia-forte-hatch-front-three-quarter.jpgTrue


Photo Gallery: 2011 Kia Forte 5-Door - 2010 New York Auto Show Coverage, New Car Reviews, Concept Cars - Automobile Magazine


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Apr
1st

New York auto show: Subaru revises STI for 2011 and adds a four-door model:

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In the past couple of years, if you were looking for a turbocharged, AWD rally-bred sedan with an oversized rear wing, you were really limited to the Mitsubishi Lancer Evolution. Full story...
Apr
1st

GM chief sales analyst DiGiovanni will retire

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Mike DiGiovanni, General Motors Co.'s chief sales analyst and a former general manager of Hummer, is retiring, effective May 1. Full story...
Apr
1st

SWEDEN: BAIC ‘wants to invest in Saab’ – report

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BAIC wants to invest in Saab BAIC's chief said in a newspaper interview published today. Full story...
Apr
1st

2011 Mercedes-Benz SLS AMG to start at $183,000 when it debuts in May:

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The 2011 Mercedes-Benz SLS AMG is a rare blend of top-shelf performance and iconic styling that comes along perhaps once in a generation. Full story...
Apr
1st

RUSSIA: Ford agrees deal with workers

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Ford's Russian subsidiary has agreed to raise workers' wages by 11.8% and granted other benefits, the company's press office said Thursday. Full story...
Apr
1st

First Look: 2011 Hyundai Equus

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First Look: 2011 Hyundai Equus
2011 Hyundai Equus - 2010 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine
Hyundai's new flagship is every bit the luxury car its rivals are.

Hyundai's Korean-market Equus flagship first landed at the New York auto show in 2009, allowing the automaker to "test reaction" to a premium sedan above the Genesis. It seems reaction was plenty positive, as Hyundai is gunning for the likes of Lexus with the new U.S-spec 2011 Equus.inline_mediumwraptextright32833389/features/news/1003_2011_hyundai_equus2011-hyundai-equus-front.JPG.jpgTrue


Photo Gallery: 2011 Hyundai Equus - 2010 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine


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Apr
1st

First Look: 2011 Kia Optima

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First Look: 2011 Kia Optima
2011 Kia Optima - 2010 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine
Kia's midsizer receives a fullsize makeover.

Kia's Optima has never exactly stood apart from the crowds of midsize sedans sold here in North America -- but all of that changes with the new 2011 Kia Optima, which makes its big debut at the 2010 New York auto show.inline_mediumwraptextright32716560/features/news/1003_2011_kia_optima2011-kia-optima-side-view.jpgTrue


Photo Gallery: 2011 Kia Optima - 2010 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine


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Apr
1st

CHINA: Car sales seen slowing

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While China's automotive market and industry has been a big beneficiary of government stimulus measures, some analysts believe that its rapid rate of growth could be losing momentum. Full story...
Apr
1st

US: New products to boost Scion sales

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Toyota's Scion brand sold only in the US will rebound to sales close to 100,000 vehicles by 2011, vice president Jack Hollis said. Full story...
Apr
1st

First Look: 2011 Subaru Impreza WRX STI Sedan

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First Look: 2011 Subaru Impreza WRX STI Sedan
2011 Subaru Impreza WRX STI Sedan - 2010 New York Auto Show Coverage, New Car Reviews, Concept Cars - Automobile Magazine
Stiffened, with a Side of Sedan

The 2010 WRX STI Special Edition doesn't make much sense as a business plan. With an upgraded suspension and a slightly decontended interior, it's a better handling STI for less money. Unless you just have to have HIDs and a trunk-shaking sound system, there's no reason to look higher up Subaru's performance hierarchy. That is until late this summer, when the 2011 Subaru Impreza WRX STI, which is making its debut at the 2010 New York show, reaches dealer lots.inline_mediumwraptextright32824041/features/news/1003_2011_subaru_impreza_wrx_sti_sedan2011-subaru-impreza-WRX-STI-sedan-side.jpgTrue


Photo Gallery: 2011 Subaru Impreza WRX STI Sedan - 2010 New York Auto Show Coverage, New Car Reviews, Concept Cars - Automobile Magazine


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