by Paul A. Eisenstein | May 2, 2014
It’s been one of the nation’s most popular models in recent years – in fact, topping the charts for two years running in the critical California market – but you might not know it from the April sales charts. The Toyota Prius just barely managed to make it into the...
by Paul A. Eisenstein | May 2, 2014
July 1 will bring one of the biggest transitions Ford Motor Co. has experienced in years – but don’t expect to see many changes, short of who gets the best parking spot in the underground garage at Glass House, the automaker’s suburban Detroit headquarters. In what...
by Joseph Szczesny | May 2, 2014
Pricey automobiles and their owners have long been targets of opportunity for urban guerrillas and, to put it kindly, crazies of all kinds. The three-pointed star hood ornament has been snapped off countless Mercedes-Benz models and BMWs have been burned on the...
by Joseph Szczesny | May 2, 2014
John Krafcik, former Hyundai Motor America President and CEO, has been named the President of TrueCar, the automotive sales and data website that is preparing for a stock offering. The announcement ends speculation about the future of Krafcik, who left Hyundai in...
by Joseph Szczesny | May 1, 2014
New models demonstrated their value to automakers in April as the latest cars and trucks launched over the past several months combined with a break in the frigid weather pulled buyers into showrooms, helping keep the annual sales rate at more than 16 million units...
by Joseph Szczesny | May 1, 2014
After going through the big chill this past winter, automakers entered a spring thaw in April, makers reporting some of the strongest sales results they’ve seen in months. Industry analysts suggest a variety of factors may be working in the industry’s favor. For one...
by Joseph Szczesny | May 1, 2014
It was, arguably, the worst-kept secret in Detroit, but even when Ford issued an early morning news alert, an advisory to attend a session at its suburban headquarters, it wasn’t ready to confirm what almost everyone already knew: CEO Alan Mulally would be retiring,...
by Paul A. Eisenstein | May 1, 2014
Promising an “orderly succession,” Ford today confirmed recent, widespread rumors that CEO Alan Mulally would be retiring, his successor to be the maker’s current Chief Operating Officer Mark Fields. A former Boeing sensior executive, Mulally has won widespread praise...
by Paul A. Eisenstein | May 1, 2014
Ford Motor Co. is expected to make it official this morning, announcing that CEO Alan Mulally will be retiring, his successor to be the automaker’s current Chief Operating Officer Mark Fields. The timing of the 68-year-old Mulally’s imminent departure has been a...
by Joseph Szczesny | May 1, 2014
General Motors is lending a hand to an innovative initiative to turn used shipping containers into new homes. The project is part of an effort launched by the fledgling nonprofit, the Michigan Urban Farming Initiative, or MUFI, which hopes to find ways to reuse...
