General Motors wants to sell more diesel vehicles in the U.S. in the next few years, tapping into a market segment that's expected to grow to a 10% share by 2020.
The announcement was made by Steve Kiefer, GM's vice president of global powertrain, during the 2014 Management Briefing Seminars.
Right now, GM only sells the Chevrolet Cruze Clean Turbo Diesel as well as offering a Duramax option with the Chevrolet Silverado and GMC Sierra. A new 2.8L 4-cylinder diesel engine will join the lineup in 2016, powering the next-generation Chevrolet Colorado and GMC Canyon.
“The Chevrolet Cruze diesel will be the first of many diesel-powered passenger cars General Motors will offer in the U.S.,” Kiefer said without revealing their identity, let alone confirming their availability in Canada.
Source : autonews.com
Rolls-Royce Chief Executive Officer Torsten Müller-Ötvös confirmed that the high-end luxury automaker is currently developing “a contemporary interpretation of a pinnacle drophead tourer” in time for a mid-2016 launch.
“The announcement of a new Rolls-Royce model is always a seminal moment in the automobile industry,” said Peter Schwarzenbauer, Chairman of Rolls-Royce Motor Cars. “When it arrives in 2016, this elegant and sensuous new car will build on the success of our current models and will play a key part in fulfilling Rolls-Royce Motor Car's commitment to long-term sustainable growth.”
The new model, which could be a Rolls-Royce Wraith Drophead, is currently undergoing a rigorous process of prototype testing as it enters its next stage of development.
Further details will be provided at a later date.
Source : Rolls-Royce
Jared Rowe, former president of Kelley Blue Book, has been appointed president of AutoTrader.com, effectively immediately, the two companies said Monday.
Gannett, the owner of USA Today, has agreed to buy out the other companies that own online shopping site Cars.com for $1.8 billion, according to a person familiar with the matter, Bloomberg reported.
The upcoming Jaguar XE small sedan is poised to become the most fuel efficient car Jaguar has ever built, based on fuel economy estimates for the European diesel model.
Lightweight vehicle materials are delivering significant side benefits to automakers striving to improve fuel economy.
Federal safety regulators are working on a 'seamless' technology that can detect alcohol by touch and breath and can be used to reduce or eliminate alcohol-related vehicle crashes.
ZF Friedrichshafen is considering selling its steering business as part of its proposed acquisition of TRW Automotive to resolve expected antitrust issues, sources said.
ZF Friedrichshafen is considering selling its steering business as part of its proposed acquisition of TRW Automotive Holdings Corp. to resolve expected antitrust issues, people familiar with the matter said today.
Toyota is hitching its future to green cars, investing billions of dollars in gasoline-electric hybrids and fuel-cell vehicles, but for now its record profit performance is being powered largely by a gas-guzzling U.S. market.
New factory technology is in the pipeline that will turn workers' clothing into data-emitting devices for plant management.
GM's lending unit said the Department of Justice subpoenaed documents related to its subprime lending practices.
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South Africa's employer body (NEASA) currently urging its 3,000 members to lock out anything up to 80,000 workers formerly on strike in the country's vast metalworking walkout, is also urging the minimum wage be cut to stimulate job creation.
New York has held a motor show every year since 1900. Today, the show is held at the Jacob Javits Center, and is the best-attended show in North America, thanks to its convenient location. This year's event ran from 18-27 April, but new-car debuts were noticeably down as carmakers chose Beijing, which ran at the same time, to show new models.
As carmakers increasingly look to China to boost sales volumes, so the Beijing show, or Auto China as it's officially known, continues to expand. This year's event took place from 20-29 April, and was the 12th time the show has been held.
This year's Geneva Motor Show took place in the Palexpo Exhibition Center. The event ran from 6-16 March and marked the 84th time that the event has been held.
Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year.
Daimler will raise its stake in Aston Martin and supply the sports-car producer with electric and electronic parts to deepen an alliance that started last year.
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