by Paul A. Eisenstein | Aug 16, 2014
For Bob Wissman, standing on the corner of Woodward Avenue in Royal Oak, Michigan is a trip down Memory Lane. As a teenager in the 1960s, even before he was old enough to drive, he’d hitchhike along Metro Detroit’s main drag, hoping to catch a ride in a Ford Mustang,...
by Michael Strong | Aug 15, 2014
General Motors plans to invest $2.9 billion during the next five years in Brazil for product development, new technologies and employee training. The cash infusion is a reminder of the importance the maker places on the potential of the Brazilian market. “This...
by Paul A. Eisenstein | Aug 15, 2014
“Hydrogen is the fuel of the future,” goes the adage among automotive and environmental researchers, “and it always will be.” Back around the turn of the Millennium, its time seemed to come, only to fall out of favor once again, as battery-power gained traction – and...
by Paul A. Eisenstein | Aug 15, 2014
After watching prices surge to record levels in the wake of the Great Recession, U.S. used car buyers are finally catching a break, with costs tumbling sharply on most models and likely to continue to slide through 2016, according to those who track pricing trends....
by Joseph Szczesny | Aug 15, 2014
Toyota expects industry-wide vehicle sales to hit 16.3 million units, an increase of just over 5% and expects to sell 100,000 more units this year than it did in 2013, according to Bob Carter, Toyota Motor Sales senior vice president for automotive operations. During...
by Paul A. Eisenstein | Aug 15, 2014
It was one of only 39 ever made, and it was involved in a crash that took the life of one of its drivers, but that apparently only added to the mystique of a 1962 Ferrari 250 GTO Berlinetta that commanded a record $38,115,000 during an auction last night marking the...
by Michael Strong | Aug 14, 2014
The buzz for a new Toyota Supra just went up a couple of decibels today as the automaker revealed a new version of its ballyhooed FT-1 concept car in California with a graphite exterior and saddle-colored interior. The original FT-1 debuted at the North American...
by Paul A. Eisenstein | Aug 14, 2014
Tesla Motors is just beginning production of the much-delayed Model X, its second major product line, and should have the first of the battery-electric SUVs in showrooms by early next year, and barring some unforeseen problems, it could quickly overshadow the maker’s...
by Paul A. Eisenstein | Aug 14, 2014
Ford Motor Co. has been betting big on battery power, and now it’s tapping the sun to help charge up some of its electric vehicles with a sprawling new solar energy array it plans to install outside its suburban Detroit headquarters. Ford is the latest in a growing...
by Michael Strong | Aug 14, 2014
New car and truck sales are still humming along in 2014, but if you’re searching for a deal, compact and midsize sedans are the segments where you should start the hunting. There are deals for those looking to lease or buy, especially for the Fiat 500. Right now,...
by Joseph Szczesny | Aug 14, 2014
(The story has been updated to include results of a new survey of pickup owners.) Ford Motor Co. is so eager to show off the innovations and weight-savings built into its aluminum-bodied 2015 F-150 pickup, it held a press conference to show off a new sliding rear...
by Michael Strong | Aug 13, 2014
Nearly five months after Toyota Motor Corp. agreed to a $1.2-billion settlement with the U.S. Justice Department the two sides agreed on a monitor for the Japanese maker’s safety compliance efforts: former U.S. Attorney David Kelley. In March, Toyota pleaded not...
