European passenger car registrations fell 8.5 percent in January to their lowest total for the month since 1990. Ford, PSA and Toyota had the steepest declines while Opel and Kia bucked the downward trend, along with most premium brands.
Safety specialist IEE equips the Mini Coupe with an occupant sensing system that adjusts the operation of the airbag with help from a pressure-sensitive matrix sensor in the seat. Pattern recognition and anthropometric parameters tell the airbag control unit if the seat is vacant.
Group 1 Automotive will tweak its pay plan for dealership sales staffers after the retailer's fourth-quarter variable compensation expenses came in $2 million higher than expected -- contributing to an 18 percent drop in fourth-quarter net income.
Asbury Automotive Group reported a 6 percent gain in net income for the fourth quarter of 2012 as gross profits rose in all areas of the dealership group’s business. Asbury’s net income in the fourth quarter was $22.8 million, up from $21.5 million in the year-earlier period.
General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon... » Watch the Video