U.S. new car sales rose 5% in July compared with July 2009, in part because of slightly higher incentives.
Ford Motor Company on Tuesday announced that it will lower the price of its 2011 Edge crossover by $200 compared with the current model. Ford said the starting price for the restyled vehicle will be $27,995 including shipping.
Subaru Motor Company has given its 2011 Impreza WRX new body styling, a tighter subframe, quad exhaust outlets and wider wheels and rubber.
Mazda Motor Company has announced the recall of more than 200,000 2007-2009 Mazda3 and Mazda5 vehicles in the U.S. to fix defective power-assist steering pumps and pipes.
In July, Korean automaker Hyundai Motor Company ousted Nissan Motor Company from fifth place in Kelley Blue Book’s (KBB) list of most-considered new car brands by U.S. consumers. KBB’s second-quarter Brand Watch report marks the first time Hyundai has placed in the top five.
Ford Motor Company has announced plans to resurrect its classic Mustang Boss 302 in 2012. The new model will be based on the Mustang GT and Boss models of the late 1960s and early 1970s.
In a statement issued Thursday, Treasury Department spokesman Matthew Anderson said the newly created U.S. Bureau of Consumer Financial Protection (BCFP) will seek to simplify consumer auto loan forms in the coming months.
Victor Muller, Spyker Cars N.V. founder and Saab Automobile AB chairman, says his plans are to return Saab to profitability by 2012. The model lineup will grow along with the company’s U.S. headquarters in Royal Oak, Michigan.