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- Porsche aims to double its annual U.S. sales
Porsche aims to double its annual U.S. sales within seven years by dramatically expanding its product lineup -- while maintaining its U.S. dealer body at almost the same size.
Переслать - Crisis-hit Italy tests Fiat's allegiance
Fiat's five car factories in Italy are all in the red and its profits now driven squarely by U.S. affiliate Chrysler, meaning a further scaling back of its 100-year-old Italian operations -- if not a complete pullout -- now looks increasingly likely.Переслать - Detroit's 'bulky' image means modest gains after U.S.-Korea trade deal
The new trade deal between South Korea and the United States may not spark a leap in sales in the Asian country for Detroit's automakers, which accounted for just 1.1 percent of the market last year.Переслать - GM explores Volt battery design changes
General Motors is exploring design changes to the Chevrolet Volt battery to address issues raised after federal safety officials opened a probe into the plug-in electric car, a top executive said today.Переслать - EV upstart Aptera closes after failing to raise funds
Fledgling electrical vehicle-maker Aptera Motors has closed and will liquidate, CEO Paul Wilbur said today. Aptera was unable to raise additional capital required to start production of its first product, a mid-sized sedan.Переслать - Nissan Americas names Loing to product planning post
Nissan Americas has named Pierre Loing vice president of product planning effective Jan. 1. Loing, 51, is Nissan Europe's vice president of product strategy and planning.Переслать - Cadillac will unveil ATS compact at Detroit show
General Motors will unveil its Cadillac ATS luxury compact at the Detroit auto show next month, GM product chief Mary Barra said today.Переслать - Superior Industries founder Louis Borick dies at 87
Louis Borick, the founding chairman of aluminum wheels manufacturer Superior Industries International, died Monday at age 87.Переслать - Mercedes closes gap with BMW in U.S. luxury sales race
Mercedes outsold BMW in the U.S. by more than 5,000 vehicles last month, coming within 1,600 units of the lead in annual deliveries of luxury automobiles.Переслать - Marchionne says no plan will work if eurozone crisis escalates
Fiat CEO Sergio Marchionne said in case of a serious escalation of the eurozone sovereign crisis no amount of planning would work.Переслать
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