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.
News
14 Nov, 2012
The all-new Porsche Cayman will debut at the Los Angeles Motor Show
EXECUTIVE EDITOR ROGER HART: There are lots of things I like about the 2012 Mitsubishi Outlander Sport SE, but the CVT would be a deal-breaker.
In this month's management briefing we take a look at the latest developments in major vehicle markets around the world. In this first instalment, we take a look at China.
Faurecia says it expects to double its share of the Chinese complete seating market, despite a slight slowdown in the country's extraordinary growth rate of late.
News
14 Nov, 2012
Vauxhall is turning up the heat on its Adam city car, with a 138bhp version and VXR model planned
Carbon fibre reinforced plastics have been drawing industry attention as their lightness and strength can help the fuel efficiency of vehicles, but the time-consuming work required to produce the materials is a drawback. Here, Matthew Beecham talked with Gary White, engineering manager, Prodrive Composites about the use of carbon fibre in vehicle manufacture.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up