by Paul A. Eisenstein | Feb 28, 2013
Chrysler plans to invest nearly $400 million and create 1,250 new jobs at two plants near Kokomo, Indiana. It’s the latest in a series of investments by the maker that has resulted in the creation of 8,000 more new positions since Chrysler emerged from bankruptcy in...
by Paul A. Eisenstein | Feb 28, 2013
With the Geneva Motor Show fast approaching, our e-mailbox is getting stuffed with lots of previews and teasers, but when we spotted the one marked “Ferrari,” we had to open it immediately. And, indeed, it confirmed what rumors have long suggested, a major...
by Paul A. Eisenstein | Feb 28, 2013
If supercars and other high-priced exotics are your game you’ll likely want to keep a close eye on the Geneva Motor Show next month with everyone from Bentley to Ferrari weighing in with new entries – and upstart McLaren intending to clamber to the top of the heap....
by Joseph Szczesny | Feb 28, 2013
Toyota will begin exporting its Venza crossover to Russia and Ukraine later this year, part of an expanding list of products the maker is shipping from its network of U.S. assembly plants to markets around the world. And Toyota isn’t alone. A growing number of...
by Paul A. Eisenstein | Feb 28, 2013
With its new Cadillac ELR soon to come online, with new markets opening abroad and with its Chevrolet Volt now eligible for access to California’s coveted commuter lanes, General Motors hopes to substantially increase production of its plug-in hybrid-electric vehicles...
by Paul A. Eisenstein | Feb 27, 2013
Apparently, you can never be too rich, too famous – or have too many gears. It wasn’t all that long ago when automakers were debating the need to go from four speeds to five — then six, seven and even eight. Now comes Land Rover which has announced it will...
by Paul A. Eisenstein | Feb 27, 2013
Volkswagen will launch a pair of hot hatches at the Geneva Motor Show early next month, including one that could surprise folks who haven’t figured out what modern diesels are capable of doing. For U.S. fans, the big news will be the debut of the seventh-generation...
by Joseph Szczesny | Feb 27, 2013
The good news for Daimler AG Chairman Dieter Zetsche is that he’s got another three-year contract. But he’ll have to balance it against the nearly 6% pay cut he’s been ordered to take by the automaker’s supervisory board after the company missed its profit...
by Paul A. Eisenstein | Feb 27, 2013
Hyundai has agreed to a settlement ending an embarrassing episode triggered by the revelation the maker had overstated its fuel economy numbers. Sibling Korean brand Kia also is expected to reach an agreement over similar claims. The two makers last November...
by Paul A. Eisenstein | Feb 27, 2013
With 100s of cars, trucks and crossovers on the market and scores of new models making their debut, picking the right vehicle can be something of a daunting task. Sure, many buyers are loyalists who will trade in for the some product over and over again, but more and...
by Paul A. Eisenstein | Feb 27, 2013
Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget than you expected, according to a new study that finds median-income families in only one major U.S. city actually can afford the typical new vehicle. The...
by Paul A. Eisenstein | Feb 26, 2013
Countering a more than decade-long trend, the fatality rate among young teen drivers rose sharply during the first six months of 2012, something experts fear may be the result of distracted driving. The increase echoed a disturbing rise in overall highway fatalities...