Clik here to view.
Car Tech: How much are you willing to pay for a new vehicle?
In the past five years, the average transaction price, or cost, of a new vehicle sold in the U.S. has increased about 10 percent to more than $30,000, according to data from TrueCar.com. DETROIT, MI-...
View ArticleClik here to view.
GM: Next-gen Chevy Silverado, GMC Sierra to debut before Detroit auto show
The new Silverado, which the Detroit-based automaker has released teaser photos of, will be on public display for the first time at the 2013 North American International Auto Show in January. GM...
View ArticleClik here to view.
Gentex Corp. reports flat sales and reduced profits, expands stock buyback...
"As is widely known from recent news headlines, the European markets are increasingly uncertain and are becoming more volatile. As a result, we have more downside risk for any products that we're...
View ArticleClik here to view.
Closing dealerships during auto bailout still wrong decision, association...
The National Automobile Dealers Association continues to believe hundreds of dealerships closing due to the 2008-2009 auto bailout didn't have to occur, according to its chairman. Dunlop Pontiac...
View ArticleClik here to view.
What legislative issues are facing the auto industry? Politicians to discuss...
The panel discussion -- being held by the Detroit Regional Chamber's MICHauto -- will include Sen. Bert Johnson (D-Detroit), Sen. Mike Kowall (R-White Lake), Rep. Jeff Farrington (R-Utica) and Rep....
View ArticleClik here to view.
What trends will change the world? Ford's 'futuring' expert to discuss in...
Sheryl Connelly, Ford Motor Co. global consumer trends and futuring manager, analyzes everything from public policy to social trends to determine how, or if, future consumer trends will impact the...
View ArticleClik here to view.
Detroit skyline lighting up with Tigers' pride for World Series
As the hometown boys prepare to take on the San Francisco Giants for the first game of the World Series tonight in California, everywhere from storefronts to sky rises are shining with Tigers' pride....
View ArticleClik here to view.
Ford cutting thousands of jobs, shuttering major production plant in Europe
The closing of its Genk Plant in Belgium, which produces the next-generation Ford Mondeo, S-Max and Galaxy, will occur by 2014. It is part of the Dearborn-based automaker’s new proposal, officials...
View ArticleClik here to view.
GM reveals next-gen V8 Chevy Corvette engine
The fifth-generation small block engine for the 2014 Corvette will deliver an estimated 450 horsepower and achieve 0-60 in less than four seconds, officials say. When the all-new 2014 Chevrolet...
View ArticleClik here to view.
Ram 1500 pickups hitting Michigan showrooms; expected to help grow market share
Close to 200 Ram Truck dealers gathered at the Palace of Auburn Hills to drive their first Ram 1500 Big Horn editions into showrooms across Michigan, Indiana, Kentucky and Ohio. AUBURN HILLS, MI- A...
View ArticleClik here to view.
GM: Chevy Sonic concept becoming production model
The subcompact, which features a production-intent package with ground effects, a rear spoiler and large, 18-inch aluminum wheels with a Pearl Nickel finish, will be displayed at the SEMA Show from...
View ArticleClik here to view.
Chrysler dealers expecting strong sales from 2013 Ram 1500
nearly 200 dealerships representatives to gather at the Palace of Auburn Hills Wednesday to drive their first Ram 1500 Big Horn editions into showrooms across Michigan, Indiana, Kentucky and Ohio....
View ArticleClik here to view.
Ford expands plant closings, thousands of job cuts in Europe
The three facilities set to close are the Genk Plant in Belgium, which was previously announced by the Dearborn-based automaker, and two UK facilities -- Ford's assembly plant in Southampton, and...
View ArticleClik here to view.
Ford: European overhaul, job cuts to return operations to profitability by 2015
Almost two months after announcing plans to revamp and expand its vehicle portfolio by nearly 30 percent, the Dearborn-based automaker Thursday morning said it plans to close three plants -- two in UK...
View ArticleClik here to view.
Romney wrongly claims Chrysler may move all Jeep production to China (video)
Mitt Romney's misstatements about Chrysler moving Jeep production to China were criticized by President Barack Obama's campaign. Republican presidential candidate and former Massachusetts Gov. Mitt...
View ArticleClik here to view.
Toyota widens global sales lead over General Motors
The company said Friday it sold 7.4 million vehicles globally in the first nine months of this year — 450,000 more than General Motors. View full sizeAP File PhotoIn this Aug. 2, 2011 photo, the...
View ArticleClik here to view.
Ford to sell climate control business in Plymouth Township; last of ACH...
DEARBORN, MI- Ford Motor Co. will sell its last remaining Automotive Components Holdings (ACH) business, officials announced today. Ford and ACH will sell their climate control business in Plymouth...
View ArticleClik here to view.
Consumer Reports reliability study: Ford falls; GM moves up; Chrysler takes...
The Dearborn-based automaker’s namesake and Lincoln brands took two of the bottom three spots on the survey, which is based on subscribers' experiences with 1.2 million new vehicles to predict future...
View ArticleClik here to view.
Chrysler: 3Q profit up 80% to $381 million
Net revenue for the quarter was $15.5 billion, up 18 percent from $13.1 billion in the third quarter of 2011, primarily driven by a 19 percent period-over-period increase in shipments. Chrysler Group...
View ArticleClik here to view.
How long until the U.S. is importing cars from China?
Michael Dunne, president of Dunne & Company Ltd., a Hong Kong-based investment advisory firm specializing in Asia's car markets, expects the single-party state to start exporting vehicles to the...
View Article