Mexico's first fuel economy standard, nearly three years in the making, is in jeopardy because of opposition from Toyota Motor Corp., Chrysler Group and other automakers. Nom-163, patterned after the U.S.
Chrysler Group is in exclusive talks with Banco Santander to make its U.S. unit the automaker's preferred financing provider, people familiar with the matter said. Chrysler entered a 30-day negotiating period with the lender, which would be the U.S.
Ford said its record profit margins are shrinking in North America as buyers downsize from trucks to small cars.
Also in this episode: Chevrolet will debut an
General Motors Financial will tap DataScan Field Services and ADESA auction company's Openlane.com to help dealerships process off-lease vehicles starting in December, the financial company said today.
General Motors' future green-car efforts will focus on plug-in hybrids and electric vehicles rather than conventional hybrid powertrains, product chief Mary Barra said Wednesday.
Penske Automotive has acquired two Wisconsin dealerships for an undisclosed amount. Jon Lancaster Toyota Scion and Lexus of Madison are expected to contribute about $130 million in annual revenue, Penske Automotive said in a release.
Toyota Motor Sales expects its market share in the United States to return to above 15 percent in 2013 when a string of redesigned vehicles arrives.
News
22 Nov, 2012
The heat is on for the Subaru BRZ, with a production version of the STi concept due next year
General Motors' future green-car efforts will focus on plug-in hybrids and electric vehicles, rather than conventional hybrid powertrains, product chief Mary Barra said today.
News
22 Nov, 2012
Exclusive images show how the next-generation MINI Hatch could look when it arrives in 2014
Rance Crain, editor-in-chief of Advertising Age and president of Crain Communications Inc., the parent company of Automotive News, has been named to the American Advertising Federation's 64th annual Advertising Hall of Fame.
News
14 Nov, 2012
The replacement for the BMW 3 Series Coupe has been spied ahead of its UK arrival next year
The Mitchell-Lewis Motor Co. liked to emphasize that nearly every Mitchell car component came from its hometown of Racine, Wis., a substantial accomplishment for a mid-priced automobile manufacturer in the early 20th century.
News
14 Nov, 2012
The high-performance Jaguar XFR-S is set to make its debut at the LA Motor Show later this month
General Motors said it is recalling 15,575 Cadillac, Buick and Chevrolet cars -- including Cadillac's new flagship sedan, the XTS -- to correct potential safety flaws.
Uncertainty over the outcome of a legal dispute over the price Fiat must pay to increase its stake in US unit Chrysler is expected to hang over the Italian carmaker's shares, a media report said.
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