Ford Motor Company hopes to move beyond its image as a discount brand by lowering incentives and increasing prices according to a top executive with the company.
According to a recent report by Automotive News, 73% of the 244 auto dealers surveyed, representing virtually every major brand, said they had too few vehicles in the inventories to meet customer demand.
With Detroit’s Big 3 automakers making a comeback, United Auto Workers’ recently elected president Bob King says it’s time for them to reinstate some of the benefits his union conceded in order to keep them afloat in recent years.
Eight new vehicles have been created by Ford Motor Company to be launched within five years in what is proving to be a fast-growing, newly emerging market: India.
Indian automaker Mahindra & Mahindra Limited has announced that it has terminated its partnership with independent domestic auto importer, Global Vehicles U.S.A. Incorporated. The announcement came just days after Mahindra received EPA approval to begin marketing its diesel pickup trucks in the U.S.
One of the complaints against the popular Toyota Prius is that it is dangerously quiet—so quiet that pedestrians, especially those with vision impairments, cannot hear it approaching. Now the automaker will offer an electronic device that can be installed under the hood that mimics the whir of an engine.
It’s hard to believe, but the Toyota Prius has been in America for 10 years. How time flies! The hybrid car had its debut in Japan in 1997 after a five year research and development prior to its unveiling in Japan in 1997.
Volkswagen AG is on an acquisition spree in its bid to dethrone Toyota Motor Corporation as the world’s No. 1 automaker. According to two VW executives who asked not to be identified, the German automaker is “seriously interested” in acquiring Fiat S.p.A.’s troubled Alfa Romeo brand.