Mercedes-Benz Jumping into Pickup Truck Market

Mercedes-Benz Jumping into Pickup Truck Market

After watching the prices for new pickup trucks in the U.S. climb into the luxury stratosphere of more than $50,000 in recent years, Mercedes-Benz is looking to get into the pickup truck market. Before the end of the decade, Mercedes-Benz will expand its product range...
Makers Tracking to Meet 2025 Fuel Economy Standards

Makers Tracking to Meet 2025 Fuel Economy Standards

Automakers point to the looming 54.5 mpg fuel economy mandate as one of the primary reason that they’re continuing to pursue alternative fuel vehicles despite the low gas prices currently enjoyed in the U.S. That dedication is paying off, according to an Environmental...
Ford Chief Fields Earns More Than $18 Million

Ford Chief Fields Earns More Than $18 Million

Strong auto sales often means there’s money to go around for workers. The top “worker” at Ford, Mark Fields, earned $18,596,497 in 2014 as the company earned a pre-tax profit of $6.3 billion. Fields’ compensation, which is a combination of his base salary and stock...
New Ford System Could Spell End to Speeding Tickets

New Ford System Could Spell End to Speeding Tickets

“But officer…” If you’ve ever tried to explain your way out of a speeding ticket, claiming you didn’t know how fast you were going, or what the local limit was, you might want to check out the new Intelligent Speed Limiter that Ford is launching this year. A number of...
Marchionne Defends Jeep Safety in Court

Marchionne Defends Jeep Safety in Court

Sergio Marchionne is defending the safety of Jeep products in a high-profile Georgia lawsuit, involving the death by fire of a 4-year-old boy. The top executive at Fiat Chrysler Automobiles denied trying to stop top federal regulators from finding a safety defect in...
Feds Crack Down on Crooked Auto Dealers

Feds Crack Down on Crooked Auto Dealers

A Federal Trade Commission investigation into auto dealers across the U.S. resulted $2.6 million in consumer refunds and other fees and fines for criminal and civil violations. Civil and criminal charges coming about as a result of “Operation Ruse Control,” included...
Toyota Reveals “Architecture” for Global Expansion

Toyota Reveals “Architecture” for Global Expansion

After briefly putting growth on hold, Toyota Motor Co. has unveiled the “architecture” of its global growth strategy, a plan that relies on new products, new technologies, and improved quality and reliability. The strategy, dubbed Toyota New Global Architecture, or...
US Gasoline Usage Lowest Since 1984

US Gasoline Usage Lowest Since 1984

A new study from the University of Michigan examines one of the important factors that have undermined the price of oil and gasoline: Americans are using less gas. The price of gasoline and crude oil has plunged since last summer and the role of new discoveries in...