by Paul A. Eisenstein | Sep 26, 2013
It created quite a buzz – and more than a bit of controversy – when Lexus officials lifted the covers off the angular LF-NX concept vehicle during the Frankfurt Motor Show earlier this month. But while the edgy look is a subject of hot debate among industry insiders...
by Paul A. Eisenstein | Sep 25, 2013
While he has said he is in no rush to retire, General Motors Chairman and CEO Dan Akerson dropped a big hint about who might eventually replace him, telling his audience at an automotive conference in Detroit that it is “inevitable” a “car gal” will eventually run one...
by Joseph Szczesny | Sep 25, 2013
There was a time when Bentleys were little more than rebadged versions of old partner Rolls-Royce models. But, in recent years, the British maker has been generating significant demand with an expanded and updated line-up of offerings such as the new Flying Spur and...
by Paul A. Eisenstein | Sep 25, 2013
Mercedes-Benz is betting big on its new small car line-up, the launch of the 2014 CLA part of a strategy designed to provide a “gateway” for the next generation of luxury car customers, explains the German maker’s U.S. marketing chief. The CLA is the first U.S. model...
by Joseph Szczesny | Sep 25, 2013
Honda has begun construction of a new transmission plant in Celaya adjacent to the new automobile plant that will begin mass production early next year of the all-new 2015 Honda Fit in the spring of 2014, as well as a Fit-based crossover vehicle next autumn. Rick...
by Paul A. Eisenstein | Sep 25, 2013
The long-awaited return of Alfa Romeo to the U.S. market has once again been delayed, Chrysler officials confirm, until sometime close to mid-2014. But the precise reason for rescheduling the U.S. launch of the new Alfa Romeo 4C isn’t being revealed. The lightweight...
by Paul A. Eisenstein | Sep 24, 2013
Honda will price the all-new 2014 Accord Hybrid model at just over $30,000, a bit higher than comparable offerings from key competitors like Ford and Toyota, but it is hoping to win over buyers with a segment-best fuel economy rating of 50 mpg. The new Accord Hybrid...
by Paul A. Eisenstein | Sep 24, 2013
Volkswagen has taken the axe to not one but two of its minivans. Just days after confirming the end of a 60-year run for the aging Microbus, the legendary Hippie Van of the ‘60s, the German maker says it has also pulled the plug on the newer – but far less successful...
by Joseph Szczesny | Sep 24, 2013
Ally Financial Inc., the former General Motors Acceptance Corp., has filed a lawsuit against a Spanish bank and Chrysler Group LLC in a dispute that has its roots in the 2009 auto bailout. The federal suit alleges copyright infringement and misappropriation of trade...
by Paul A. Eisenstein | Sep 24, 2013
In an unexpected move, Chrysler is slashing production of the all-new 2014 Jeep Cherokee, idling about 500 workers for at least the next two weeks. The Cherokee brings back an old name for a new vehicle, the 2014 crossover-utility vehicle replacing the old Jeep...
by Paul A. Eisenstein | Sep 24, 2013
Chrysler Group’s new IPO filing offers some deep insight into the turnaround at a company that has made some significant gains since emerging from Chapter 11 bankruptcy just four years ago but which still has a number of serious challenges to deal with as it continues...
by Paul A. Eisenstein | Sep 23, 2013
Chrysler Group LLC is filing for an IPO, a step that Sergio Marchione, the CEO of both Chrysler and its Italian ally Fiat, had hoped to avoid. The move is a step of last resort, the result of an ongoing dispute between Fiat, which owns a majority stake in the U.S....
