Were you hoping to get your hands on one of the 100 2014 Mazda MX-5 Miata 25th Anniversary Edition roadsters? Alas, you can stop holding your breath: All 100 were sold within 10 minutes.
Find News by Subject:
Category: Industry
Looking to wring out more fuel efficiency in its hybrids, Toyota has developed a silicon-carbide wafer semiconductor that could boost efficiency up to 10 percent.
Detroit Free Press posits the endless recall parade General Motors has been leading since late February 2014 may be doing more harm than good for public perception or its bottom line. Though spokesman Greg Martin claimed the recalls were an effort to make his employer “a first-class safety organization” by focusing hard upon the consumer, a survey by AutoTrader found 51 percent of auto consumers were less confident in the industry’s overall safety record as a result of the actions by GM, up from 44 percent who thought the same five days’ earlier. In addition, the automaker will take a $400 million charge in Q2 2014 for the recalls since April 1 as of this writing, while its current stock price of $33.07 per share is a few cents above its IPO price from November 2010.
PSA and Mitsubishi may discontinue their electric vehicle partnership in the next 12 months, according to PSA CEO Carlos Tavares.
An event held at Washington D.C’s Brookings Institute saw FCA CEO Sergio Marchionne and former National Economic Council head Larry Summers discuss the auto bailout on its five-year anniversary. As always, Marchionne had some colorful commentary, with a one interesting nugget about Fiat.
After 20 years of pursuing a battery-powered future, Toyota has decided to take a different course powered by hydrogen.
Though it may appear EVs and PHEVs aren’t flying out of showrooms in comparison to Toyota Camrys and Ford F-150s, IHS Automotive says that in comparison to hybrids, the electrified offerings are faring better in their fourth year of sales.
Africa is quickly becoming the focus for auto makers looking to discover the last island of growth in an overly saturated global marketplace. Toyota, PSA and Renault-Nissan are hoping to make inroads on the continent beyond their current strongholds in trucks (Toyota) and North Africa (PSA/Renault) respectively. But a new start-up is proposing a very different kind of car for Africa, one far removed from the current crop of compact offerings.
Fiat Chrysler Automobiles’ new headquarters in London, England will be as small as many Silicon Valley startups, with a staff of 50 mostly focused on finance.
While the exact location of the next Chrysler minivan is still up in the air, some clues as to whether it will stay in Windsor, Ontario could be found in the plant’s re-tooling time.
Automotive News reports General Motors is preparing to launch a belt assurance system in a number of MY 2015 vehicles later this year, including the GMC Sierra, Chevrolet Cruze, Colorado and Silverado. The system prevents the vehicle from shifting out of park until both driver and front passenger are buckled, using weight information gathered from the sensing and diagnostic module to lock the brakes and transmission until compliance is achieved. The system is currently optional, and will be provided free of charge for those who are willing to become beta testers for GM’s latest technological offering.
While our own Ronnie Schreiber may have taken Zero Hedge to task for its inaccurate story on unsold cars, Australia is facing a situation where rising inventories have created a buyers market, just as local production of automobiles is winding down.
The internet is abuzz with the possibility that the Volkswagen Phaeton might make a return to the United States – with a cheaper price point as well. Unfortunately, it’s a terrible idea. But not for the reason you might think.
Google’s autonomous vehicle research has come far over the five years since the Silicon Valley giant started down the road. Though more is yet be accomplished before the future comes, Google is ready to move forward with the next phase of its research work: jumping from test units into the real world.
Recent Comments