Cadillac has reportedly scrapped plans to build a range-topping CT8 flagship.
A tweet from insider analysts Autoline states that the CT8 program is dead, with American’s thirst for crossovers and SUVs being a likely cause.
That leaves the recently introduced CT6 sedan as the largest traditional Caddy, though it’s the palatial body-on-frame Escalade that really wears the brand’s crown.
Forget all about PSA Peugeot Citroen. It’s dead. Well, the name, anyway.
As part of its five-year corporate strategy, dubbed “Push to Pass,” the French automaker is rebranding itself as Groupe PSA and dropping hints of a tentative return to the U.S. market.
PSA’s sales and profitability are growing again thanks to a new product strategy and a bailout by the French government, but CEO Carlos Tavares wants to see more gains by branching out into new markets.
In an announcement that’s been anticipated for months, Ford Motor Company said today it will build a small car plant in Mexico’s San Luis Potosi state.
Ford will spend $1.6 billion on the facility, which starts construction this summer and will employ 2,800 workers by 2020.
The automaker isn’t saying what vehicles it will produce at the plant, but it’s widely expected that the Focus will move to Mexico after production stops at its Wayne, Michigan facility in 2018. Offshoots of the platform, including a rumored hybrid, could also be produced.
If you’re planning to drive between the Netherlands and Germany tomorrow, just know that self-aware trucks will be out there.
Convoys of automated transport trucks will be plying the highways between Stuttgart and Rotterdam as part of the European Truck Platooning Challenge, an initiative created by the Netherlands to develop and showcase connected vehicle technology.
Tesla Motors is cranking out EVs at its fastest clip yet, but buyers who put money down on the Model 3 should still have serious questions about the timeliness of their delivery date.
In the first quarter of this year, Tesla delivered 12,420 Model S sedans and 2,400 Model X SUVs — nearly 50 percent more volume than the same period last year. The electric automaker said a parts shortage in January and February hampered Model X production, but with the issue resolved, deliveries of 80,000 to 90,000 Teslas can be expected this year.
Consumers, businesses, and government agencies registered nearly 4.1 million new vehicles during the first quarter of 2016. That’s an additional 130,000 new vehicles sales compared to the pace set one year ago, and equals a 3.3-percent year-over-year improvement over a record-setting 2015. But while there’s meaningful sales growth within the industry, passenger car sales continue to tumble and the premium market continues to stumble.
Many aspects of the U.S. auto market are changing, but some corners of the market refuse to reflect any change in the attitudes of consumers. The three best-selling vehicle lines in America in 2015’s first-quarter are the three best-selling vehicle lines in 2016’s first-quarter. All three are pickup trucks. Read More >
Volkswagen dealers in the U.S. have formed a go-to team tasked with drawing compensation out of the automaker while avoiding a looming barrage of dealer lawsuits.
The five-member committee was formed at a dealers-only meeting held yesterday at the National Automobile Dealers Association convention in Las Vegas, one day before U.S. dealers were expected to meet with top Volkswagen brass, Automotive News has reported.
The move is designed to head off a potential slew of lawsuits from U.S. dealers seeking reparations for sunk costs and lost revenue stemming from the automaker’s expansion push and subsequent diesel emissions scandal.
Against expectations that auto sales would rise by at least 7 percent, March 2016 volume in the United States increased just 3 percent. Modest growth at General Motors and noteworthy drops at Toyota, Volkswagen, BMW, and Mercedes-Benz didn’t stop auto sales from increasing by more than 50,000 units, year-over-year. But the possibility that auto sales in March would climb to one of the highest levels ever failed to materialize despite an additional two selling days compared with March 2015.
Indeed, the daily selling rate achieved by the auto industry decreased even as March 2016 hosted 27 official selling days on the auto sales calendar, up from 25 one year ago. Read More >
Light vehicle sales haven’t peaked in the U.S., but the way they’re being sold is putting automakers in some financial peril.
That warning was delivered by Thomas King, vice-president of the Power Information Network, ahead of this weekend’s National Automobile Dealers Association, Wards Auto reports.
Speaking at the J.D. Power Automotive Summit, King said retail sales of cars and light trucks will rise this year and next, even after a very healthy 2015. Last year saw 14.2 million units reach customers, with volume projected to hit 14.7 million in 2017.
Despite moving more vehicles and rising MRSPs, automakers risk forgoing the financial benefits due to incentives and a growing trend towards leasing.
Your vehicle’s hidden flaws and most shocking (mechanical) secrets will soon be just a click away.
The Department of Transportation is ending the clandestine relationship between your car’s dealer and the manufacturer by posting all Technical Service Bulletins (TSB) online, according to Consumer Reports.
TSBs, which outline the recommended procedure for repairing vehicles, will be posted in PDF form on the safercar.gov website.
The cost of a comprehensive recall of all Takata Corporation airbag inflators could sink the company.
A source at airbag manufacturer Takata told Bloomberg that a worst-case scenario — a recall of 287.5 million airbag inflators — would cost the company $24 billion dollars, far more than analysts previously estimated.
The cost would be the equivalent of four times the projected revenue Takata expects for the 2015-2016 fiscal year, or six times the total value of the company’s assets.
A federal jury has concluded that while General Motors sold cars with defective ignition switches, they weren’t the cause of a Louisiana accident, Reuters is reporting.
The two-week trial — the second related to the scandal — concerned the crash of a 2007 Saturn Sky on a New Orleans bridge that complainants Dionne Spain and Lawrence Barthelemy said was caused by a faulty ignition switch.
Mitsubishi confirms it is going to shoehorn another SUV into its lineup to tempt those utility-hungry Americans.
That, Volvo wants everyone to buy S90s from their beds, Fiat Chrysler isn’t having a dealer’s trash talk, UAW bolsters its ranks, and your gas is going up … after the break!
“Hybrids? Those things that can’t make up their mind on what they want to be in life? Come on!” – Mazda.
That, Volkswagen floors the accelerator past a deadline, March looks like a boffo month for vehicle sales, Audi dials it back a bit, and getting a Tesla Model 3 depends on whether or not you’re in the club … after the break!
Chrysler’s venerable 300 has seen its fair share of wardrobe changes since debuting for the 2005 model year, and it’s now come back from the closet with more.
Not wanting to be absent from all the action happening at the New York Auto Show, Chrysler dutifully showed up to display the interior and exterior Sport Appearance Packages that will come standard on the V8-powered 2017 300S.
Dressing up a model that’s already been refreshed once since its second generation bowed five years ago can be a challenge, but the 300 is the torchbearer for the brand’s scant lineup and needs to stay visible.
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