Earnings Down, GM Still Beats Q1 Forecast

Earnings Down, GM Still Beats Q1 Forecast

General  Motors net earnings dipped 60% to $1.05 billion during the first quarter but still managed to beat Wall Street expectations thanks to strong demand for its North American light truck line-up. The announcement by the nation’s largest automaker came less than a...
Lexus Betting Big on All-New ES

Lexus Betting Big on All-New ES

For those who haven’t been watching, the 2019 Lexus line-up won’t have much in common with the model mix of just five years ago. Where sedans once dominated the brand’s product portfolio, crossovers like the new UX and NX, as well as the long-popular RX, have...
2019 Lexus ES Sedan Breaks Cover in Beijing

2019 Lexus ES Sedan Breaks Cover in Beijing

After a series of fan dance teases, Lexus has finally pulled the wraps off its seventh-generation in a dual presentation at the Beijing Motor Show and near its old U.S. corporate headquarters in Los Angeles. One of the first models ever introduced by the Japanese...
Elio Motors Secures $2.5M in New Funding from Overstock

Elio Motors Secures $2.5M in New Funding from Overstock

Rarely has a three-wheeled anything, much less a car, engendered as much goodwill — and second (and third, fourth …) chances financially – as the Elio. The quirky three-wheeled car initially introduced nearly five years ago has secured $2.5 million in new funds...
Volvo Bringing Ambience to its Newest Beijing Concept

Volvo Bringing Ambience to its Newest Beijing Concept

Volvo newest concept for the Beijing Auto Show continues to show the company’s focus on the wants, needs and desires of the world’s largest luxury vehicle market: China. The S90 Ambience Concept is based on the S90 Excellence from last year. The company...
All-New Lexus ES Bound for Beijing Motor Show

All-New Lexus ES Bound for Beijing Motor Show

We’ve barely gotten past the New York Auto Show but halfway around the world, automakers are getting ready for the season’s next big event. That includes Lexus, which has dropped a partial teaser of what appears to be the next generation ES model. While many folks...