DETROIT (Reuters) - A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
To date, the best idea we have of what the 2014 Toyota Corolla will look like is the shape and styling of the Furia Concept from this year's Detroit Auto Show. Obviously the compact car will turn down the wick a fair bit from that orange...Show More Summary
Is Detroit about to get a new automaker? The CEO of Italian auto giant Fiat recently said that he was considering moving the company's headquarters out of Italy -- where it has been since 1899 -- to the United States. In this video,Show More Summary
For decades the auto industry has centered around Detroit. General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), and Chrysler are located there and the innovation and design that drivers love was developed there. Today, it’s an upstart in California that has the auto industry rethinking everything it’s doing. Maybe the internal combustion engine isn’t the future? Maybe [...]
For decades the auto industry has centered around Detroit. General Motors, Ford, and Chrysler are located there and the innovation and design that drivers love was developed there. Today, it's an upstart in California that has the auto industry rethinking everything it's doing. Show More Summary
When Lincoln pulled the wraps off the MKC Concept at the Detroit Auto Show earlier this year, we said that the very attractive concept was going to closely mirror the production vehicle. With few exceptions, a clad prototype recently...Show More Summary
AlamyChrysler 300C sedan By TOM KRISHER DETROIT -- U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars. The probe covers more than 192,000 Chrysler 300C luxury cars, Dodge Charger muscle cars and Dodge Magnum wagons from the 2006 model year. Show More Summary
Posted on 05.13.2013 17:00 by Simona After revealing the ILX Concept at the 2012 Detroit Auto Show in January, Acura has quickly followed it up with the production version at the 2012 Chicago Auto Show. Carrying the same ILX name, the...Show More Summary
Posted on 05.13.2013 12:00 by Simona The production version CLA-Class made its world debut at the 2013 Detroit Auto Show and even if quite a young model, it already received lots of tuning kits. The latest kit comes from Piecha Design...Show More Summary
Another Robust Month of Auto Sales for the Detroit Three
Posted on 05.9.2013 12:00 by Simona The new generation E-Class Coupe made its world debut at the 2013 Detroit Auto Show and now Mercedes announced that the model can be further customized with a new AMG Sport Package. Buyers can apply...Show More Summary
DETROIT (Reuters) - U.S. auto safety regulators closed two separate probes into vehicles made by Ford Motor Co and Chrysler Group LLC after the two U.S. automakers conducted safety recalls this year to fix glitches in some models.
By Mustang BobbyRemember how a lot of people said that bailing out the auto industry was a waste of money and that we should let Detroit go bankrupt?Yeah, how’d that work out, anyway? Today, the U.S. Department of the Treasury announced...Show More Summary
Canadians registered just under 172,000 new vehicles in April, more than in any April since 2008. Through the first quarter of 2013, auto sales in Canada were down 1.9%. Imports, by which we mean non-Detroit brands, were suffering the most. Including Toyota, Hyundai, Honda, and Kia, nine Asian brands had posted year-over-year declines at the [...]
By ONeil Trader: U.S. auto recovery is well on track with Ford (F) reporting an 18% increase in sales in April. The reported number was above analyst estimates for a 17% gain. A Detroit News article reports there is pent-up demand for vehicles, and that it is not a driving sales force yet. Show More Summary
Posted on 05.3.2013 12:00 by Simona After Volkswagen unveiled the BlueSport Concept at the 2009 Detroit Auto Show, the possibility of getting a production version has been up and down more than a roller coaster. In fact, last year at the Paris Auto Show Volkswagen confirmed for the last time that the BlueSport will not happen. Show More Summary
By John M. Mason: Auto sales jumped 8.5 percent year over year in April for industry automakers. U.S. pickup truck sales boomed in April, contributing to double-digit sales gains at Detroit auto makers as improving home constructionShow More Summary
DETROIT (Reuters) - The three big U.S. automakers posted better-than-expected April sales as consumers snapped up pickup trucks and compact sport-utility vehicles, pushing the industry toward a sixth consecutive month of strong resu...
April is Detroit month. Strong sales of pickups and crossovers bring double digit gains to Detroit while other brands lag. Check back during the dfay for an updated sales table, courtesy of Automotive New [sub]. April 2013 U.S. Auto Sales Automaker April 2013 April 2012 Pct. chng. 4 month 2013 4 month 2012 Pct. chng. [...]
While monthly sales figures might be an easy way of tracking the progression of the auto industry and individual automakers, looking at market share might be more indicative of how each company is actually standing up against its competitors. Show More Summary