Auto News 5

Audi, VW and Volvo were among automakers that unveiled key concept cars at the Detroit auto show.

Automotive News Europe needs your help to find the Rising Stars in the European automotive industry.

Bob King admits he was overly optimistic early in his four-year term as UAW president when he predicted the union would be able to organize at least one of the foreign-owned auto plants in the southern United States quickly.

TRW is planning to open a new airbag sewing factory in Romania to meet anticipated growth in demand for airbag cushions over the next five years.

Toyota's Calty design studio took a 'no boring' cars' mantra to create the FT-1 supercar. In an 18-month race against the clock before the 2014 Detroit auto show, Calty built a spiritual pace car that may find its way to the street.

Russia's 'weak' auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up...

Russia's 'weak' auto parts industry is expected to improve as Tier 1 suppliers such as Visteon and Bosch increase their presence in the market and component makers such as GKN Driveline, TRW Automotive and Getrag consider setting up...

TRW will open a new airbag sewing factory in Romania to meet anticipated growth in demand for airbag cushions over the next five years.

Mercedes-Benz expects the GLA crossover to be an even bigger seller than its CLA sibling when it goes on sale this fall. That means dealers probably can count on shortages of that vehicle, too, said Steve Cannon, CEO of Mercedes-Benz USA.

Alan Mulally took one of the biggest business risks in history in 2006 by mortgaging $23.6 billion in Ford Motor Co. assets to avert bankruptcy.

Scion turns 10 years old this year, and even though the target customer is still Gen Y, the behavior of that demographic has changed dramatically.

Automotive News reporter Jamie LaReau toured the floor of the North American International Auto Show with AutoNation CEO MIke Jackson, as he highlighted the biggest hits he saw.

Cadillac wants to leverage the success of its ATS compact sedan with a few variant models.

Barra's sudden stardom poses a unique opportunity for GM, which is eager to put the era of "Government Motors" in the past and to attract new customers at a time when women influence a majority of car-buying purchases.

Without proper succession planning, a dealer could leave behind a legacy of litigation and failed business and family relationships. That's why many experts agree dealers should start succession planning when they are in their late 40s or early 50s.

Three entrepreneurs in a single new-car store could be a recipe for disaster, but the Milosch brothers have turned the family's entrepreneurial gene into a competitive strength.

AutoNation Inc. CEO Mike Jackson is delighted that the Federal Trade Commission is cracking down on deceptive advertising by dealerships.

GMC's lineup is in the midst of a major overhaul, including the Canyon mid-sized pickup unveiled here last week.

Lotus Formula 1 Team has signed a sponsorship deal with Saxo Bank.

The team announced Monday that online trading and investment specialist, Saxo Bank joins Lotus F1 Team as an official business partner for the 2014 season.

The Lotus press release explains that through this partnership, Saxo Bank gains unique access to Lotus F1 Team's portfolio of partners including Microsoft, Clear and Rexona from Unilever and The Coca-Cola Company.

The Lotus F1 Team brand will also be harnessed through Saxo Bank's promotions.

"We are delighted to begin a relationship with Saxo Bank, a fast-growing online trading and investment specialist who have demonstrated strong support in sport through sponsorships in the world of cycling at the highest level with Team Saxo-Tinkoff,” said Eric Boullier, Lotus F1 Team, Team Principal.

“Saxo Bank is taking an exciting and proactive approach to this new partnership with Lotus F1 Team and we are looking forward to enjoying a long and fruitful relationship."

Teasing image of the E22. (Photo: Lotus F1 Team)

Ferrari returnee Kimi Raikkonen thinks the new, 2014 turbo hybrid Formula 1 cars won't be that much different to drive from their previous counterparts, the normally aspirated V8 cars.

Raikkonen spent time last week in the Ferrari simulator, getting used to driving the high-torque, 1.6L V6 turbo hybrid Ferrari car.

Other driver expressed their concerns that the powerful new cars would easily spin and destroy their rear tires.

Talking to Ferrari.com, Raikkonen said otherwise.

“My feeling is that it's not going to be as different as people think, but I might be wrong," the cool Finn said.

“Hopefully we'll find out that it's pretty simple. For sure it is difficult for all the technical people to make a new engine, new gearbox, all this stuff, but as a driver it's not affecting the driving so much I don't think,” he added.

“We have new buttons and new things to follow, but let's wait and see. It'll be much easier to say after the first test (in Jerez),” Kimi Raikkonen explained.

Photo: Ferrari