by Paul A. Eisenstein | Aug 4, 2011
Cadillac will get its much-anticipated entry-level luxury car in late 2012, Mark Reuss, President of General Motors North America, confirmed as he released a sketch of the new offering during an automotive industry conference in Northern Michigan. The ATS will be...
by Joseph Szczesny | Aug 4, 2011
A day after its stock took a drubbing – falling to the lowest level since last year’s IPO — General Motors Co. revealed it nearly doubled its second-quarter earnings as all of its global regions returned to the black. The once-bankrupt maker had a net income of...
by Bryan Laviolette | Aug 4, 2011
In some ways, the Chrysler Group and its Dodge brand and Northern Michigan’s Crisp Point Lighthouse have a lot in common. That both are with us is one part luck, mixed with a freighter full of determination. Both have survived – against all odds. To test Dodge’s new...
by Joseph Szczesny | Aug 3, 2011
China’s fast-growing automakers pose a direct theft to the more established automotive order, Chrysler CEO Sergio Marchionne warned during an appearance at an annual automotive gathering in Northern Michigan today. But the Canadian-educated executive said he is more...
by Paul A. Eisenstein | Aug 3, 2011
Even as it prepared to report a 99% drop in its global earnings, Toyota was telling its worldwide supplier network to buckle up and get ready for a fast ride as it lays out plans for record production — backed by one of the most aggressive product roll-outs in...
by Paul A. Eisenstein | Aug 3, 2011
This story has been revised to show production and sales forecasts for the Volt and Opel Ampera. Roughly eight months in from its much-ballyhooed launch, analysts are debating whether the Chevrolet Volt plug-in hybrid is a success or failure. The answer likely...
by Paul A. Eisenstein | Aug 3, 2011
Who Killed the Electric Car? Forget the movie of a few years back that pointed its finger at General Motors for crushing up all the old EV1 battery-electric vehicles. The filmmaker recently released a sequel that actually praised GM for launching the new Chevrolet...
by Paul A. Eisenstein | Aug 3, 2011
Honda and Toyota products topped the latest list of the cars most frequently targeted by thieves – but Detroit models are becoming increasingly popular, as well, according to a report by the National Insurance Crime Bureau. On the positive side, preliminary FBI data...
by Joseph Szczesny | Aug 2, 2011
Sales by Honda and Toyota tumbled again during July even as overall U.S car sales began to regain some momentum last month, raising optimism about the outlook for the balance of the year. Sales by the major Japanese automakers continued to be hurt by the inventory...
by Paul A. Eisenstein | Aug 2, 2011
With only minor exception, today’s cars are made out of the same building blocks as Henry Ford’s Model T. Sure, the wooden floor boards are gone and there’s a lot more plastic – with a bit of aluminum and magnesium thrown in — but today’s cars continue to rely...
by Paul A. Eisenstein | Aug 2, 2011
Mazda is offering the first official sneak peek at the latest in its expanding line of soft-roaders, the new CX-5 scheduled to make its first appearance in the sheet metal at next month’s Frankfurt Motor Show. As with the recently launched Mazda5, the new crossover...
by Joseph Szczesny | Aug 2, 2011
General Motors Co. sales for July rose by 8% when compared to year-earlier sales, setting a positive tone for a month that is still expected to underscore the weakness of the overall American economy. Retail sales for GM’s brands rose 6% for the month compared to a...
