by Paul A. Eisenstein | Feb 29, 2012
General Motors and PSA Peugeot Citroen have confirmed the creation of a “long-term and broad-scale” strategic alliance they expect to contribute to improved profitability and competitiveness, especially in the weak European market where both makers have been...
by Paul A. Eisenstein | Feb 29, 2012
One thing about a Ferrari, it’s able to make a fast turn, and apparently that applies to the Italian automaker itself, which has delivered a surprise today, announcing that its newest supercar will be named the Ferrari F12, rather than the 620 as widely reported. One...
by Paul A. Eisenstein | Feb 29, 2012
Might the Fiat/Chrysler alliance try to outbid General Motors to set up a global automotive powerhouse with French automaker PSA Peugeot-Citroen? It’s clear that Fiat/Chrysler CEO Sergio Marchionne sees that as a potentially powerful alternative to letting PSA tie up...
by Joseph Szczesny | Feb 29, 2012
The Chrysler Group has confirmed the all new Viper will be unleashed for the first time in the Big Apple, normally not the place one might expect to be driving a high-performance sports car. But the reborn Dodge sports car will reappear during a press event at the...
by Paul A. Eisenstein | Feb 29, 2012
The nation’s automotive safety chief has called for a last-minute delay before issuing new rules that could require all vehicles sold in the U.S. to be equipped with rearview cameras. But in a letter to Congress, Department of Transportation Secretary Ray LaHood said...
by Joseph Szczesny | Feb 29, 2012
A sharp rise in consumer confidence – which helped drive the Dow Jones Industrial Average to a 13,000 close for the first time since 2008 – is likely to also help push the auto industry towards a faster recovery than initially expected. Consumer confidence, which is...
by Paul A. Eisenstein | Feb 28, 2012
General Motors could take as much as a 7% stake in French automaker PSA Peugeot Citroen as part of a new alliance the two manufacturers are putting into place. The alliance is expected to involve a variety of different areas of business, notably including joint...
by Paul A. Eisenstein | Feb 28, 2012
In another setback for longtime Japanese quality leader Honda, it has been knocked out of the top spot according to the annual Consumer Reports Automotive Report Card by up-start Subaru. Honda had topped the study for the last four years but has taken sharp...
by Paul A. Eisenstein | Feb 28, 2012
Former Chrysler CEO Tom LaSorda is back in the saddle, albeit one with a relatively silent source of power, as the new chief executive of battery-car start-up Fisker Automotive. LaSorda, who had been serving as advisor and vice chairman of the California-based company...
by Paul A. Eisenstein | Feb 28, 2012
The long-awaited Jaguar XF Sportbrake will be rolling into Geneva’s PALExpo Convention Center next week, it seems, and thanks to a brochure falling into the wrong hands we’ve got these preliminary pics to show our readers before we get a look at the wagon in the...
by Paul A. Eisenstein | Feb 28, 2012
Is this the next Toyota Prius? That’s a conclusion that’s difficult to ignore after getting a first look at the advance image the Japanese maker has released of the FT-bh Concept it plans to unveil at the Geneva Motor Show next week. The Toyota FT-bh show car is one...
by Paul A. Eisenstein | Feb 28, 2012
Europe’s ongoing debt crisis has been crippling the Continental economy, sending automakers into a tailspin. By most estimates, European car sales will buck the global turnaround and post at least a modest decline this year. But that could be good news for the...
