BMW posted a 30 percent drop in first-quarter sales in Brazil due to a tax rise for imported cars, Henning Dornbusch, the company's country head, said. The tax, aimed at protecting automakers who produce locally, has forced BMW to raise its sticker prices and find other ways of absorbing the costs.
Volume brands are trying to do with the big sedans what they did with small cars -- add features, gussy up the interiors, liven up the sheet metal and lure shoppers who otherwise wouldn't take a second look at the segment.
Volkswagen Group is leaning toward building a factory in Mexico for its premium Audi brand. The parent company favors Mexico for the North American assembly plant over a site on the grounds of its U.S. manufacturing complex in Chattanooga, Tenn.
The Ford Mustang will get a major makeover for the 2014 model year, The Wall Street Journal reported today. The newspaper said the automaker is working on a makeover that would retain the Mustang’s shark-nosed grille and round headlights, but make the car resemble the new Ford Fusion.
Drivers of electric vehicles such as GM's Chevrolet Volt and Nissan's Leaf may save as much as $1,200 a year compared with operating a new gasoline-powered compact car, scientists studying improved fuel economy found.
Federal safety regulators have upgraded their investigation into 122,000 BMW 7-series cars to an engineering analysis -- a step closer to a recall -- after receiving 50 complaints of unattended vehicle movement or rollaway, including 16 crashes and five injuries.
Sales of 16 million light vehicles? Suddenly it's not a mirage. In recent days, several key analysts, some big dealership groups and a handful of automakers, including Mercedes-Benz and Chrysler, have upped their forecasts for 2012 and the next two years.
A lot rides on the tiny space that most dealerships give their finance and insurance departments. You can stay on top of the world of finance and insurance by attending the second annual Automotive News F&I Week, a free online conference June 19-21.
Glimpses of two more Fiat-based vehicles for Chrysler Group leaked out last week. Test mules of a small hatchback, the Chrysler 100, and the replacement vehicle for the Jeep Liberty were caught by spy photographers.
Last week at a General Motors laboratory in Warren, Mich., a battery exploded, injuring a few people, including one seriously. It made news. Reports indicated that the battery was a prototype from a supplier GM might use for future electric vehicles.
I enjoyed Peter Brown's commentary on the Chevrolet Volt ("The brutal 2012 election -- for the Volt," April 2). I am as solidly middle class as they come. I am also treading the line between blue and white collar as a community college automotive instructor.
I agree with Richard Herdegen's assessment of General Motors ("GM must be run by a car guy," March 26). With the government bailout and the appointment of people with no experience in all the facets of the car business to run the company, it is a disaster waiting to happen.
At the Detroit auto show in January, a high-profile visitor stopped by Cadillac's display of its latest infotainment system for a demonstration: U.S. Transportation Secretary Ray LaHood. LaHood has been the most prominent critic of distracted driving.
As thousands of troops return home from Afghanistan and Iraq, they create a potential customer base for dealers. But many dealers might not know how to best serve these buyers Jamie LaReau is an Automotive News staff reporter.