by Joseph Szczesny | Aug 19, 2013
Any other day, it might have been a major headache for the Motor City, but if anyone was frustrated by the traffic that jammed Detroit main thoroughfare they were well advised to keep it to themselves as the annual Woodward Dream Cruise rolled into Detroit. The...
by Paul A. Eisenstein | Aug 19, 2013
For most of the long, three-day weekend, Mazda Raceway Laguna Seca offered a view of vintage motorsports with 100s of classic race cars reliving their former glory at the Monterey Motorsports Reunion. But for a few brief moments, thousands of fans got a chance to look...
by Paul A. Eisenstein | Aug 16, 2013
Even as – and perhaps because of – the U.S. Treasury continues selling down its remaining stake in General Motors, billionaire investment guru Warren Buffett is rapidly increasing his own holdings in General Motors. According to a federal filing, Buffett’s investment...
by Joseph Szczesny | Aug 16, 2013
The Woodward Dream Cruise, Detroit’s annual celebration of the automobile, officially revs up with a roar this weekend – though the Motor City’s main thoroughfare has already seen thousands of cruisers take to the streets for practice runs this past week. If...
by Paul A. Eisenstein | Aug 16, 2013
As we’ve been seeing with great frequency of late, there are no secrets on the Internet. It’s something BMW and its fans were reminded of when details of the new Concept M4 began leaking out this week, well ahead of the planned preview in Pebble Beach. Well, BMW has...
by Paul A. Eisenstein | Aug 16, 2013
Ever since it rolled out the stunning Sixteen show car a decade ago, Cadillac has repeatedly offered hints of what an all-new flagship might look like with a procession of sedan and convertible concepts that most recently included the Ciel two years ago. So what to...
by Joseph Szczesny | Aug 16, 2013
Telematics and connected vehicle solutions are key elements in the future of the auto industry. Sirius XM Radio plans to spend $530 million on an acquisition that will expand its ability to provide those services Sirius XM Radio, which is now available on millions of...
by Paul A. Eisenstein | Aug 15, 2013
Ford Motor Co. will reduce the fuel economy rating of its popular C-Max Hybrid by about 10% to better reflect what often-frustrated buyers have been experiencing in the real world, and it will offer owners as much as $550 as a “goodwill payment” to cover...
by Paul A. Eisenstein | Aug 15, 2013
Ford Motor Co. will announce significant revisions to the fuel economy rating of its C-Max Hybrid later today, an estimated 10% reduction reflecting the gap between what has been posted on the “people-mover’s” window sticker and what most buyers are getting in...
by Paul A. Eisenstein | Aug 15, 2013
This story has been updated with new information. Aiming to rebuild its credibility in the hotly competitive luxury car market, Lincoln is pulling the wraps off a new line of limited-edition products it has dubbed the Black Label Collection. Black Label models will...
by Paul A. Eisenstein | Aug 15, 2013
BMW is reluctantly confirming it will reveal the new Concept M4 in Pebble Beach this week, part of the frenzied run-up to the annual Concours d’Elegance many makers are using to introduce their latest luxury models. The German maker had hopes to keep things secret...
by Paul A. Eisenstein | Aug 15, 2013
As it sells off its old full-sized pickups while ramping up production of two all-new models, things are going markedly better than forecast, according to several top General Motors executives, with sales exceeding expectations and the old truck commanding a higher...