by Paul A. Eisenstein | Oct 25, 2012
With the exception of a few exotic sports cars, Americans typically measure the worth of an automobile by the inch and pound. But Chevrolet is hoping to get U.S. buyers to rethink that attitude with the new Chevy Sonic Dusk. The concept vehicle, set for a formal debut...
by Paul A. Eisenstein | Oct 25, 2012
Its European losses likely to be significantly worse than originally forecast, Ford will close or sharply cut back operations at three of its European plants as part of a major restructuring meant to cope with the continent’s economic woes and the collapse of the...
by Paul A. Eisenstein | Oct 25, 2012
Volkswagen has confirmed it will build an all-new 7-seat, 3-row SUV specifically designed for the American market that will slot in-between the current VW Touareg and Tiguan models. The German maker’s chief executive also revealed that the as yet-unnamed model will be...
by Joseph Szczesny | Oct 25, 2012
Daimler AG’s earnings dropped by more than 12% in the third quarter and the company expects earnings before interest and taxes to decline for the full year as the European auto slump takes its toll on the company. The maker is now counting on new product, especially...
by Paul A. Eisenstein | Oct 24, 2012
General Motors is promising some big changes when the all-new, C7 Chevrolet Corvette makes its eagerly anticipated debut next year. But for all the styling changes, the promised interior upgrades and the addition of more advanced telematics and other technologies, the...
by Paul A. Eisenstein | Oct 24, 2012
Ford Motor Co. will close its under-utilized assembly plant in Genk, Belgium, the maker announced following a meeting with union leaders at the doomed facility. The move, which confirms a report on TheDetroitBureau.com yesterday, will result in the loss of as many as...
by Paul A. Eisenstein | Oct 24, 2012
While we got our first look at the updated Ford Fiesta during the maker’s Paris Motor Show news conference we’ve had to wait nearly a month to see what was in store with the face-lifted four-door. There’s a reason for the wait, of course. In much of the world,...
by Paul A. Eisenstein | Oct 24, 2012
With Europe’s automotive crisis worsening, the French government has prepared a bailout plans for PSA Peugeot Citroen. The plan to aid Europe’s second largest automaker revolves around a government-backed refinancing deal for the company’s lending arm. The deal is...
by Bryan Laviolette | Oct 24, 2012
General Motors is testing a new thermal-forming process and its own corrosion-resistance treatment for magnesium to as an alternative to steel and aluminum for vehicle body panels. Eventually, GM wants to license the technology to suppliers to provide significant...
by Paul A. Eisenstein | Oct 23, 2012
Honda will reveal an “emergency refresh” of its much-faulted Civic model next month, likely at the annual L.A. Auto Show, hoping to address the numerous problems that generated a critical drubbing of the long-popular Civic after its 2011 redesign. In the meantime, the...
by Paul A. Eisenstein | Oct 23, 2012
Ford Motor Co. would like to close its underutilized plant in Genk, Belgium, a move that could help the automaker narrow European losses that are expected to reach about $1 billion this year. If the widespread reports from Europe prove accurate, Ford could take a...
by Paul A. Eisenstein | Oct 23, 2012
While the plan still needs final government approval, BMW is set to become the latest maker to open an automotive assembly plant in Brazil. The new factory is expected to produce about 30,000 vehicles a year once it opens in 2014 in the southern state of Santa...
