Car makers Ford Motor Co. and Chrysler LLC, are offering discounts on their newest models to boost sales of their North-American pickup trucks, the Financial Times reported.
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Mercedes sales staffers: Get ready for ribald jokes about standard-equipment urinals and emergency fill-ups when you explain to customers that they have a new fluid level to check.
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Federal pension law could force automotive companies with plans heavily invested in stocks to pony up more money over the next few years to keep their plans fully funded.
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Steven Xu didn't sell a single Chrysler 300C last month. But by local standards, he's an optimist, just because he kept the doors open at Yueye Chrysler during the October National Day long weekend.
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With a roiling economy, cash flow woes and a credit crisis, the Detroit 3 are entertaining possible alliances that once would have been considered fanciful.
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Acura dealers say they have been told that Acura will offer a V-8 engine option within 18 months. "It's confirmed," says Dave Conant, principal owner of the multibrand Conant Auto Retail Group in Cerritos, Calif., which includes one Acura dealership.
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Looking for expert reporting on the day's top automotive stories in one concentrated dose? On Nov. 3, Automotive News will launch a daily video news program called "Automotive News Today."
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Mike Kahn runs what may be the fastest-growing dealership group in America, moving up more places than any other company on Automotive News' latest ranking of the country's largest auto retailers.
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Honda Motor Co. CEO Takeo Fukui says he's fine with direct loans from the U.S. government to the Detroit 3. Meanwhile, he will fortify the Acura brand with a new V-8.
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Call it a miracle, but despite the industry's biggest sales collapse since 1980, automakers have prevented inventories from spiraling out of control. The sales plunge and a huge swing in the model mix could have sent stockpiles soaring.
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Inside the financial crisis gleams a silver lining and#x2014; at least temporarily. As worldwide auto sales and production plummet, prices of steel, crude oil and other raw materials are plummeting, too.
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After GMAC Financial Services' broad retreat last week from auto lending, General Motors dealers were trying to plug the gap with banks, credit unions and independent finance companies.
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Yesterday, Toyota announced that models from their youthful and energetic Scion brand will be migrating north to Canada for 2010. The highly-customizable lineup is currently sold in the USA and overseas, and aims to capture a younger buyer than does a typical Toyota model. Toyota says that Scion models forge a fit between "car" and "community", and that they'll be on sale here in 2010.
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The FIA has noted media reports in advance of the meeting with the Formula One Teams Association (FOTA) in Geneva tomorrow. In the interests of complete transparency the FIA has decided to release the agenda, and the explanatory note, it has set for this meeting.
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BMW will become the first premium automaker to deploy a fleet of some 500 all electric vehicles for private use in day to day driving. The automaker's "MINI E" is an electric powered MINI, which employs a 150 kilowatt, or 204 horsepower electric motor which drives the front wheels.
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Veteran rider Sete Gibernau could announce his return to MotoGP active competition when new satellite Ducati team Onde 2000 is set to confirm its participation in next year championship.
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The FIM (Fédération Internationale de Motocyclisme) has confirmed in Sepang that tyre maker Bridgestone will be the sole supplier of tyres to the MotoGP world championship for the next three seasons.
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Yesterday, Toyota announced that models from their youthful and energetic Scion brand will be migrating north to Canada for 2010. The highly-customizable lineup is currently sold in the USA and overseas, and aims to capture a younger buyer than does a typical Toyota model. Toyota says that Scion models forge a fit between "car" and "community", and that they'll be on sale here in 2010.
Read more ...
BMW will become the first premium automaker to deploy a fleet of some 500 all electric vehicles for private use in day to day driving. The automaker's "MINI E" is an electric powered MINI, which employs a 150 kilowatt, or 204 horsepower electric motor which drives the front wheels.
Read more ...
Several car manufacturers showcased their most exotic race cars to the public during the recent international Paris Motor Show.
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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
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