Honda Kills Unloved Crosstour

Honda Kills Unloved Crosstour

Honda is killing off the Crosstour version of its Accord line, a model so unpopular most motorists thought it was gone already. The death of the hatch version does have a plus side for Honda which can now squeeze out more of its hot-selling models at its plant in East...
Ford Launching New Taurus in China

Ford Launching New Taurus in China

Look for Ford to be one of the U.S. manufacturers making big news at the Shanghai Motor Show next week when it will unveil a completely redesigned version of its big Taurus sedan. The new model is expected to be both lighter and quicker, which should help continue to...
Gas Prices Continue Dropping during Holiday Season

Gas Prices Continue Dropping during Holiday Season

Even with the Easter and Passover holidays at hand, the national average price for regular unleaded gasoline continues to drop. AAA reports gasoline prices have fallen for 24 of the past 30 days, after reaching a peak-to-date price for 2015 of $2.46 per gallon on...
Cadillac Planning to Replace ATS, CTS, XTS Models

Cadillac Planning to Replace ATS, CTS, XTS Models

With Cadillac planning to introduce eight all-new models by 2020 – five of them targeting all new product segments – several existing vehicles will be heading off to the scrap heap, according to the luxury maker’s global boss. The realignment of the Caddy product...
Tesla Introduces Entry-Level Model S

Tesla Introduces Entry-Level Model S

With a spate of commitments from automakers to churn out lower-priced electric vehicles, like the Chevrolet Bolt, Tesla is making moves to provide a more affordable version of the Model S. The maker announced its newest version is the 70D, which will cost $67,500...
Mercedes Marks Best Month in its History

Mercedes Marks Best Month in its History

With a flood of new products coming to showrooms, and strong demand building in key markets such as the U.S., Europe and China, Mercedes-Benz set an all-time monthly sales record last month. The luxury arm of Germany’s Daimler AG said it met demand for 183,467...
Daimler Teams with Nissan for New Pickup

Daimler Teams with Nissan for New Pickup

The Renault-Nissan Alliance and Daimler AG plans to expand their five-year strategic cooperation into the pickup truck segment. The two automakers plan to develop a 1-ton pickup truck for Mercedes-Benz. Mercedes-Benz announced late last month it planned to develop a...
GM, Ford Enjoy Strong March Sales in China

GM, Ford Enjoy Strong March Sales in China

General Motors and Ford saw their vehicle sales grow in China during March despite concerns about the slower growth in the Chinese economy. GM reported its sales increased 8% last month to a March-record 338,350 units. GM has 11 joint ventures, two wholly owned...
VW, Toyota Go to War

VW, Toyota Go to War

The fight for leadership in the global auto industry is about to turn into a gun-blazing battle. After announcing a new global strategy last week, reports from Japan indicate Toyota Motor Co., currently the world’s largest maker, is finalizing plans to add at least...
Canada Bails Out of GM Stock for $2.7 Billion

Canada Bails Out of GM Stock for $2.7 Billion

Government Motors is now officially dead: really. The Canadian government announced it is selling its $2.7 billion stake in General Motors Co. to Goldman, Sachs & Co. by the end of this week. The Canada GEN Investment Corp., a subsidiary of Canada Development...