by Paul A. Eisenstein | Aug 12, 2013
The good news is that American motorists are racing back to showrooms at a far faster pace than even industry optimists had anticipated at the beginning of the year. The bad news is that automakers are struggling to keep up with that burgeoning demand – and part of...
by Paul A. Eisenstein | Aug 12, 2013
Little Subaru has turned into a big deal as far as investors are concerned. After squeaking out an increase in sales during even the worst years of the Great Recession, the stock market seems convinced the automotive arm of Fuji Heavy Industries has even bigger...
by Paul A. Eisenstein | Aug 12, 2013
Landing somewhere in that nether space between wagon and crossover, Honda plans to reveal its next-generation Civic Tourer during the Frankfurt Motor Show next month. Developed by the maker’s European design studio, the muscular-looking five-door is being billed as a...
by Joseph Szczesny | Aug 12, 2013
Elon Musk, Tesla’s billionaire chief executive, is confident about the company’s ability to double production of the Model S next year even as it prepares to launch its new Model X electric vehicle. Musk told analysts during a conference call after the...
by Joseph Szczesny | Aug 9, 2013
Audi plans to remain vigilant about not allowing its dazzling sales gains achieved during the last four years slip away anytime soon despite the rising competitive pressures in the luxury segment. Audi of America President Scott Keogh confirmed Audi expects to set a...
by Joseph Szczesny | Aug 9, 2013
The devaluation of the yen is clearly helping Japanese carmakers in the Southeast Asian and Australian markets, General Motors’ chief financial officer said. GM CFO Dan Ammann also said the decline in the value of the yen has created new competitive challenges for GM...
by Paul A. Eisenstein | Aug 9, 2013
Smartphones have replaced automobiles as the must-have lifestyle accessory for Millennials, or so goes conventional wisdom – backed by some pretty downbeat data from an auto industry perspective. Not only are members of Gen-Y and younger Gen-Xers waiting longer to get...
by Joseph Szczesny | Aug 8, 2013
General Motors expects to redefine the compact pickup truck segment when it returns to the market with redesigned versions of the Chevrolet Colorado and GMC Canyon in the second half of 2014. The Detroit maker hopes the new models will deliver a 1-2 punch after the...
by Joseph Szczesny | Aug 8, 2013
Automakers have been making a beeline for Central California in recent years, setting up a number of research and engineering facilities in the shadows of such consumer electronics giants as Google and Apple. But could the migration be turning around? A major Silicon...
by Joseph Szczesny | Aug 8, 2013
Even with new plants coming on line in Mexico, the North American auto industry is rapidly running up against the limits of its capacity as manufacturers struggle to keep up with the demand for new vehicles. But after losing billions in the run-up to the last...
by Paul A. Eisenstein | Aug 8, 2013
Infiniti has rolled out a number of intriguing show cars in recent years, and one might be tempted to dismiss the Q30 Concept as nothing more than another styling exercise when it makes its debut at the Frankfurt Motor Show next month. That would probably be a...
by Paul A. Eisenstein | Aug 8, 2013
Honda will invest $215 million in Ohio, the center of its North American operations, primarily to expand its engine-making capabilities. The Japanese maker is in the midst of rolling out an array of hybrid and more conventional gasoline engines designed to cope with...