by Joseph Szczesny | Feb 11, 2010
Chrysler’s Jeep brand was one of the keys to the Fiat-Sollers joint venture that will build up to 500,000 vehicles annually in eastern Russia. The deal will benefit Chrysler, with both licensing income and cash for the Jeep vehicle kits exported to Russia, although...
by Ken Zino | Feb 11, 2010
The online auction site, eBay Motors, today changed its format to offer shoppers the option to choose either new cars or used cars. This new vehicle option is said to allow franchise dealers to target local consumers ready to purchase a new vehicle in a no-haggle...
by Paul A. Eisenstein | Feb 11, 2010
Picking up on a concept its company founder first conceived of more than a century ago, Porsche will lift the covers on a hybrid race car at the upcoming Geneva Motor Show. Dubbed the 911 GT3 R Hybrid, the goal of the project is to not just improve performance, but...
by Joseph Szczesny | Feb 11, 2010
Contrary to speculation floating around the industry, Suzuki has no plans to stop selling cars and sport utility vehicle in the United States, senior officials are vowing. During a press conference at the Chicago Auto Show, Suzuki Vice President Gene Brown...
by Ken Zino | Feb 11, 2010
Daimler AG and Russia’s largest investment bank, Troika Dialog, have signed a memorandum of understanding to increase Daimler’s stake in Russia’s largest truck manufacturer, Kamskiy avtomobilny zavod, by the acquisition of 5% of the Kamaz shares held by Troika...
by Ken Zino | Feb 11, 2010
Fiat S.p.A. and Sollers announced in Naberezhnye Chelny, Russia, today the establishment of “global alliance,” which initially will include a joint venture for the production of passenger cars and sport utility vehicles. Vadim Shvetsov, CEO of Sollers and Sergio...
by Paul A. Eisenstein | Feb 11, 2010
Subaru brought a $5 million check to the Chicago Auto Show, its payout to five charities that participated in the automaker’s second annual Share the Love campaign. The marketing program gave end-of-year buyers the ability to earmark a $250 donation to one or more of...
by Paul A. Eisenstein | Feb 11, 2010
There might be a rare opportunity to take advantage of its arch-rivals problems, but Mark Reuss, General Motors’ new president of North American operations , insists he’d rather do it the old fashioned way, with better product. Nonetheless, seven months after emerging...
by Paul A. Eisenstein | Feb 10, 2010
Though the company hasn’t intentionally set out to cover up or otherwise hide problems with its vehicles, there’s no question Toyota has “made a couple mistakes,” Group Vice President Bob Carter acknowledged during an exclusive interview with TheDetroitBureau.com. The...
by Paul A. Eisenstein | Feb 10, 2010
While Toyota may be struggling to damage control in the wake of its ongoing safety problems, the auto industry is nonetheless a business based around product, stressed the automaker’s Group Vice President Bob Carter, as he pulled the wraps off the newest version of...
by Ken Zino | Feb 10, 2010
Nissan North America, Inc. (NNA) today confirmed that an all-new small crossover SUV, the Nissan Juke, will join the Nissan lineup in the United States in the fall 2010. A European version of the Juke subcompact was revealed to the media at the Chicago Auto Show...
by Joseph Szczesny | Feb 10, 2010
Honda unveiled a new “concept” vehicle at the Chicago Auto Show today that shows what the fourth generation Honda Odyssey will look like when it reaches the market next fall as a 2011 model. The “concept” has gone through a top to bottom redesign that...
