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Apr
18th

Automobile RSS Feed 2013-04-18 17:04:00

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Girsky's Mission: Mining Opel
Girsky's Mission: Mining Opel - Automobile Magazine
Reviving GM's troubled European arm.

Queens, New York, native Stephen J. Girsky grew up in the epicenter of American car culture, Los Angeles. Now vice chairman of General Motors, in the 1990s he worked at Morgan Stanley and was one of Wall Street's most outspoken automotive analysts. With a sharp and early eye on all that was wrong with Detroit as the business limped into the twenty-first century, he formed S. J. Girsky and advised the United Auto Workers. Girsky joined GM's board of directors and represented the UAW in the 2009 bankruptcy. Girsky is on most Detroit shortlists of potential candidates to replace CEO Dan Akerson when he retires.


Photo Gallery: Girsky's Mission: Mining Opel - Automobile Magazine

Photo Gallery: Girsky's Mission: Mining Opel - Automobile Magazine


Apr
18th

Texas dealers confront aftermath of destruction

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Greg May Chevrolet in West, Texas, is coping with damage and devastation. Last night, a blast at a fertilizer plant a mile from the store killed several people and injured more than 100.
Apr
18th

Automotive News Breaking News Feed 2013-04-18 14:33:42

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Visteon CEO Tim Leuliette ruled out selling control of the company's climate-control business that South Korea's Mando has been seeking to buy.
Apr
18th

Toyota to shift Lexus ES output to Kentucky

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Toyota plans to invest $360 million to bring production of the Lexus ES sedan to Kentucky, making it the first model from Toyota's premium brand to be built in the United States as the carmaker pushes to localize more manufacturing.
Apr
18th

CHINA: Ford raises stake in Jiangling Motors

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Ford has raised its stake in Jiangling Motors to 31.5% and is looking to increase it to as much as 32% over the next year, both companies have said.
Apr
18th

Automakers will likely lower targets as German car sales plunge

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Daimler and other global automakers will probably have to lower their forecasts after demand in Germany dropped the most in 2 1/2 years. The plunge in the German market is prompting companies to increase discounting, in turn pressuring earnings.
Apr
18th

Subaru to unveil U.S. capacity expansion to increase inventories

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Subaru parent company Fuji Heavy Industries intends to end a shortage of its vehicles at U.S. dealerships soon by expanding capacity in the country, its largest market.
Apr
18th

Volkswagen CrossBlue Coupe concept leaks before China auto show: Coupe version sketch hits the Web

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Sketches of the Volkswagen CrossBlue Coupe concept broke cover on Thursday, ahead of the Shanghai debut. We first saw the CrossBlue four-door SUV at the Detroit auto show in January.
Apr
18th

Mercedes-Benz GLA compact crossover aims to expand customer reach: GLA concept to be revealed at China auto show

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Mercedes-Benz is poised to take aim at the growing compact crossover segment with the five-door GLA -- a vehicle company executives say will be packed with premium features but carry a competitive price tag.
Apr
18th

Entry luxury thunder: We take a ride in the lightning-quick AMG-tuned CLA

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Tobias Moers smiles as he hits the starter motor of the Mercedes-Benz CLA45 AMG 4Matic outside company headquarters in Affalterbach, Germany.
Apr
18th

US: Kentucky incentivises Lexus addition at Toyota Georgetown

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Toyota Motor has been offered US$146.5m in tax breaks by the state of Kentucky to add production capacity at its Georgetown plant where, a company source told Reuters, it will build the Lexus ES from 2015.
Apr
18th

US: Flat Rock builds Ford Mustang 1m

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Forty-nine years to the day after its 1964 debut in New York, Ford's Mustang celebrated another milestone: 1m have rolled off the line at Flat Rock assembly plant since production moved there in 2004.
Apr
18th

GERMANY: Ford sells 267,000 vehicles in 19 European markets in Q1

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Ford of Europe achieved its highest monthly retail market share in three years in March.
Apr
18th

2014 Chevrolet Cruze Turbo Diesel to deliver 46 mpg on highway: Chevy Cruze diesel beats out VW Jetta diesel

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General Motors said the 2014 Chevrolet Cruze Turbo Diesel will deliver an estimated 46 miles per gallon on the highway, besting the company's initial target by four mpg.
Apr
18th

IRAN: IKCO cars to be exported to Tunisia

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IKCO said its cars will be exported to Tunisia after it signed a contract with a local company which plans to open a sales and after-sales service centre.
Apr
18th

Who developed the first automotive antilock brake system?: Our friends at Hagerty do a bit of digging

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Along with seatbelts, fuel injection and airbags, most modern drivers take antilock braking systems for granted.
Apr
18th

INDIA: Japanese automakers seek concessions similar to those proposed for EU companies

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Japanese automakers want India to provide concessions like the ones it is preparing to offer European companies.
Apr
18th

CHINA: Chery launches new logo

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Chery Automobile has unveiled a new corporate logo.
Apr
18th

INDIA: India to allow imports of 250,000 EU cars at 10% tariff

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India is moving towards allowing imports of at least 250,000 cars from the EU at a concessional tariff of 10%. At present, European automakers have to pay 100% customs duty on vehicles that cost more than US$40,000.
Apr
18th

New Honda NSX now available to order

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Honda NSX concept front side
News 14 May, 2013

Order books have opened for the Honda NSX ahead of its debut in 2015

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