by Joseph Szczesny | Jan 16, 2013
General Motors would be further ahead if walked away from its ownership of Adam Opel AG even it had to pay another automaker to take it off its hands, said one of the auto industry’s most influential analysts. Adam Jonas, a managing director of Morgan Stanley, told...
by Paul A. Eisenstein | Jan 16, 2013
The Toyota Prius C, the newest member of Toyota Prius “family,” has been named the nation’s “Greenest” vehicle by the American Council for an Energy-Efficient Economy. At the other end of the spectrum, the ACEEE tarred the Ford F-350 as the “Meanest,” or dirtiest...
by Bryan Laviolette | Jan 16, 2013
There’s plenty of good news for Jaguar Land Rover these days. Like most of the industry, sales are up. A raft of products and technologies are expected in the next few years, which should lead to even bigger sales increases. And its Indian owners are allowing the...
by Paul A. Eisenstein | Jan 15, 2013
The once and future Acura NSX has taken a big leap closer to returning to production, the Honda luxury division revealing a second prototype version of the supercar during a preview at the North American International Auto Show in Detroit. The original Acura was a...
by Joseph Szczesny | Jan 15, 2013
Ford Motor Co. stock took a sharp jump following the automaker’s unexpected unveiling of the Atlas Concept truck, a prototype offering a hint of what’s to come when the maker replaces its best-selling F-Series pickup in 2014. In an appearance to an industry conference...
by Paul A. Eisenstein | Jan 15, 2013
This story has been revised to reflect an earlier GM preferred stock dividend payment. General Motors will pay a dividend on its preferred stock, it announced Tuesday afternoon. The decision appears to have been backed up by GM’s anticipation of its 12th...
by Bryan Laviolette | Jan 15, 2013
Chinese automaker Guangzhou Automobile Group showed off three vehicles, including a hybrid and an electric vehicle, at a press conference at the Detroit Auto Show. While the company has no plans to sell its vehicles in the U.S. market, it came to the North American...
by Bryan Laviolette | Jan 15, 2013
During his exile from Ford, Carroll Shelby worked with Dodge on hopped up hatchbacks, like the Dodge Omni GLH-S and the Dodge Shelby Charger. Now just months after founder Carroll Shelby’s death, the company is carrying on the pocket rocket tradition with a new Shelby...
by Bryan Laviolette | Jan 15, 2013
Tesla will begin selling the mid-level 230-mile version of its Model S battery-electric sedan within a month and will roll out a lower-priced model by spring. Tesla, which launched sales of its battery sedan last summer, has struggled to get the Model S project up to...
by Joseph Szczesny | Jan 15, 2013
For the new Lexus IS, Chief Engineer Junichi Furuyama, flipped conventional on its head. “I adopted an entirely different approach to the development of the all-new IS,” IS Chief Engineer Junichi Furuyama said. “Specifically, it was to make an entertaining driving...
by Paul A. Eisenstein | Jan 15, 2013
Like Hyundai, its better-known Korean sibling, Kia has some aggressive upscale aspirations – and it’s revealing what’s in store with the new 2014 Cadenza premium sedan making its first appearance at the North American International Auto Show. As with other recent Kia...
by Joseph Szczesny | Jan 15, 2013
A new firm, VL Automotive, is planning to turn the plug-in hybrid Fisker Karma into a conventional vehicle. Former GM Vice Chairman Robert Lutz told reporters at the North American International Auto Show, that the new Destino, as the car will be officially called,...
