Vehicle production in North America is gradually returning to pre-recession levels, but suppliers won't be able to return to business as usual. Automakers are expected to produce 17.4 million vehicles in North America in 2016, up from a likely 14.
Sirius XM Radio reported a 14 percent increase in subscribers in the second quarter, citing higher new-vehicle sales. Sirius XM's net income, boostedby a $3 billion income tax benefit #8212; was $3.
Automakers say they will squeeze much more efficiency from the internal combustion engine. For instance, they will use excess heat to warm engine lubricants more quickly to reduce friction.
This past June, the Audi R8 E-tron took to the Nürburgring and turned a lap time of 8 minutes, 9 seconds.
Also in this episode: Ford says its plug-in hybrid C-Max Energi will hit 85 mph,
About 1 in 4 car buyers is willing to pay extra for a fuel-efficient powertrain if the investment can be recouped in four years or less, a senior Ford executive said today.
Chrysler's Dodge brand is withdrawing from NASCAR stock-car racing at the end of the 2012 season, following a decision earlier this year by partner Penske Racing to switch to Ford from Dodge in 2013.
After announcing record sales for the first half of 2012 a month ago, BMW Group on Tuesday (7 August) said it had achieved a record sales result for July 2012 as sales worldwide rose 5% year on year to 135,537 units.
News
7 Aug, 2012
City cars and SUVs hold on to their value best, according to Glass's Guide
News
7 Aug, 2012
Dogs have a bigger carbon footprint than cars, according to scientists
News
8 Aug, 2012
Insurers aren't recognising drivers with no claims, prompting calls for industry database to verify discounts
New vehicle sales in Indonesia continued to rise in July despite the introduction of tighter lending rules in June intended to anticipate and prevent a consumer spending bubble.
Russian car manufacturer (and Ford joint venture partner) Sollers plans to inject RUB750m (US$23.7m) into the charter capital of its separate joint venture with Mazda Motor Corporation to acquire 50% in the company, according to a decision of Sollers' board of directors seen by local news agency Prime.
Component suppliers are flocking to Vietnam to take advantage of burgeoning car and motorcycle production in the country.
Spyker CEO, Victor Muller, says he has returned to "haunt" General Motors as the former Saab chief outlined further details of the Dutch company's sensational US$3bn lawsuit against the Detroit operation.
For much of this year, gains in United States auto sales have been a bright spot in an economy that remains weighed down by joblessness, a still-sluggish housing market and global uncertainty.
John Dunn, COO of Brose North America, has been named president of the North American company, Brose said today. The move was effective Aug. 1. Dunn, 45, will report to Brose Group CEO Jurgen Otto.
News
23 Jul, 2013
Which are the best cars on sale in Europe? We want you to help decide
Hyundai has set sticker prices on the five-seat version of its redesigned crossover, the 2013 Santa Fe Sport.
The latest auto news, reviews, prices, product and vehicle releases. 
