by Joseph Szczesny | Aug 4, 2015
BMW AG, which had enjoyed rapid growth in China in recent years, demonstrated the potential down side of its Chinese partnerships as earnings dropped during the April to June quarter as the Chinese automotive market began to weaken. “There have been increasing...
by Paul A. Eisenstein | Aug 4, 2015
The second-generation Chevrolet Volt will deliver 40% more range in battery mode than the original version of the plug-in hybrid, the maker announced today. At 53 miles per charge, the compact sedan will permit buyers to commute or run even more errands without using...
by Paul A. Eisenstein | Aug 4, 2015
Toyota Motor Co. reported net profits of 646.3 billion yen, or $5.2 billion, for the April-June quarter, a 10% increase, and the maker’s third consecutive record for the quarter. But the numbers barely concealed some fundamental problems facing the Japanese giant....
by Joseph Szczesny | Aug 3, 2015
Lexus beat out its archrivals Mercedes-Benz and BMW in sales during July, setting the stage for all out battle royale for leadership in luxury vehicle sales during the next five months. The German brands have held the lead in luxury car sales since 2011 but Lexus,...
by Paul A. Eisenstein | Aug 3, 2015
With Apple reportedly looking to bring an autonomous battery-car to market, there are growing signs the U.S. high-tech giant could pair with German automaker BMW, possibly to produce a customized version of the BMW i3 city car. The two companies confirmed they met...
by Joseph Szczesny | Aug 3, 2015
New vehicle sales remained robust as carmakers continued to post year-over-year gains in a market where the seasonally adjusted annual rate of sales, or SAAR, inched towards 18 million units. General Motors, Chrysler, Ford, Nissan, Lexus, Audi, Subaru and Volkswagen...
by Paul A. Eisenstein | Aug 3, 2015
Automakers have traditionally fought it out over design, performance, features and fuel economy. But, increasingly, they’re battling for technological dominance. And that’s led three erstwhile German rivals to form an unusual alliance that could give them a leg up...
by Michael Strong | Aug 3, 2015
The recent hacking of a Jeep Cherokee that ended with the ute running into a ditch has gotten the attention of the American motoring public and they have concerns, according to a new survey by Kelley Blue Book. The event, which was orchestrated by Wired.com, revealed...
