Bestselling New Vehicles in America

Despite recalls of over eight million vehicles, congressional hearings and hundreds of lawsuits arising from unintentional acceleration problems with its vehicles, Toyota Motor Corporation’s Camry still managed to make last month’s list of top-selling cars in the U.S.

Posted in In the News

High End Hyundai Unveiled in New York

At the New York Auto Show recently, Hyundai unveiled its newest model, the 2011 Hyundai Equus, which is a car that is definitely desirable. However, at a cost of around $55,000, it will not be affordable for many consumers.

Posted in In the News

Federal Report Says Fuel Efficiency Technology Boosts New Vehicle Costs

A new U.S. government study indicates that new automotive technologies may boost mileage by as much as 50%, but could also add up to $9,000 to the cost of the new vehicles.

Posted in In the News

Daimler/BYD Joint Venture to Make New EVs for China

Chinese automaker and battery manufacturer, BYD (Build Your Dream), and Daimler AG, owner of Mercedes-Benz, have created a 50-50 partnership for a new green car project. Shenzen BYD Daimler New Technology Company will make all-electric vehicles for sale in the Chinese market.

Posted in In the News

Tesla Motors Offsets Financial Losses by Selling Battery Car Credits to Honda and Other Automakers

In a filing last week, Tesla reported that it has generated $13.8 million in “zero-emission vehicle” credit sales since 2008. Purchasing the credits helps automakers comply with California’s stringent tailpipe emissions regulations.

Posted in In the News

General Motors Company Plans to Broaden Use of its New Alpha Platform

General Motors Company’s new rear-wheel-drive Alpha platform, which was originally designed for the 2013 Cadillac, will be used to underpin a number of new designs.

Posted in In the News

Fiat Announces Shakeup of European Dealer Network – Plans to Drop Chrysler Name

Fiat S.p.A. has announced a sweeping restructuring of its European distribution network, which will reduce its Lancia and Chrysler dealerships by about 350. The plan also calls for Chrysler products to be sold under the Lancia name throughout Europe with the exception of Ireland and the UK, where Lancia vehicles are not sold. The Chrysler name will continue to be used in those markets.

Posted in In the News

Big Changes for Newly Liberated Saab

In February Saab was sold by General Motors Company to Spyker Cars NV, and is in the process of reinventing itself as an independent automaker. They are making huge changes to the company and planning even more.

Posted in In the News

Toyota to Continue Incentive Spending as U.S. Sales and Market Share Continue Slide

Toyota Motor Corporation will continue its current level of incentive spending in light of last month’s lackluster sales numbers according to executives with the company’s largest independent U.S. distributor.

Posted in In the News

With Mercury Out of the Mix, Ford Must Revitalize Lincoln

Now that Ford Motor Company has decided to wind down its Mercury brand, most analysts agree the challenge will be in building up the surviving Lincoln line to satisfy its customers and its dealers. Ford’s president of the Americas Mark Fields said, “We have to make a very compelling case to our dealers very quickly.”

Posted in In the News

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