Mercedes improved the steering on the new B class to help reduce fuel consumption. The JTEKT-sourced electromechanical power steering system improves fuel use because energy is only required by the steering assist function when steering actually takes place.
Fisker Automotive, the struggling maker of $100,000 plug-in hybrids whose namesake founder abruptly resigned earlier this month, has furloughed its entire workforce in the United States this week to preserve cash as it seeks a financial lifeline.
Chevrolet surprised onlookers at the New York auto show today by unveiling a new Camaro Z/28, a built-for-the-racetrack performance coupe. The car will have a small-block V-8 engine that produces 500 hp and 470 pounds-feet of torque.
The refreshed 2014 Hyundai Equus debuted at the New York auto show on Wednesday. The flagship sedan is receiving upgrades in almost every area, including the interior, exterior, chassis and technology.
Toyota will launch sales of a larger, redesigned version of its Highlander crossover early next year providing more room to occupants. The 2014 Highlander will be nearly three inches longer and a half-inch wider than the current version, Toyota said today.
Toyota will begin selling vehicles built under its parts-sharing and platform framework in 2015, the company. The automaker is pursuing the strategy adopted by rivals including Volkswagen, to share parts among vehicles using the same platform in order to save costs and manpower.
Mercedes-Benz, marking its first U.S. foray into electrified vehicles, today introduced the five-seat, five-door B-class Electric Drive at the New York auto show. The 2014 battery electric vehicle will go on sale in early 2014.
The Nissan Leaf electric vehicle, a month after the company dropped its sticker price by $6,400, is on its way to setting a monthly United States sales record in March of more than 1,900 units, Nissan executives said today.
GM is laying the groundwork to achieve 10 percent profit margins by mid-decade by launching new models and taking better advantage of its global scale, North American Chief Financial Officer Chuck Stevens said.
The auto industry is full of creeps. By that, I mean automakers that engage in the phenomenon known as "segment creep" -- that gradual increase in vehicle size with each subsequent generation of product. Example: The current Honda Civic is as large as a '90s-era Accord.
Carmakers that figure out the best ways to help consumers measure their real-world fuel economy could enjoy a competitive advantage, Jim Farley, Ford's global marketing chief, said today in a speech at the New York auto show.
The next wave of Italians has arrived, as the wall at the Fiat stand here proclaims: The 500, 500c, 500e and 500L. You might argue there's only one Italian in U.S. Fiat stores -- the 500 -- and that until dealers get some more product, Fiat is extending the brand any which way it can.
While slightly narrower, the redesigned 2014 Acura MDX gains several inches of wheelbase and two inches of overall length to increase roominess. Responding to Sun Belt dealers' requests, the MDX will be sold with a front-drive powertrain as well as with its traditional all-wheel-drive setup.
The Missouri attorney general's office has reached a $53,000 settlement with the owners of the former Enterprise Warranty Group for claims of improperly selling extended-service contracts and "additive warranties" in ways designed to get around insurance regulations.
The redesigned Soul introduced by Kia today at the New York auto show has new sheet metal, a stiffer body, a longer and wider chassis and powertrains that deliver more torque. Kia also unveiled the 2014 Forte Koup, a two-door variant of Kia’s compact car, and a freshened Optima.
Last week the Consumer Financial Protection Bureau and Director Richard Cordray threw cold water on a common notion among advocates for dealers and lenders: The CFPB doesn't understand how the business works and everything would be OK if the feds were just “educated.”
Most compact cars are engineered to be a means of affordable transportation for the masses, often sacrificing fun for practicality. With its redesigned Forte lineup, Kia seems to be doing the opposite.
The 2014 Jeep Cherokee -- the first Jeep to be built from the wheels up with help from Fiat -- will deliver a 45 percent improvement in fuel economy and will be more capable of off-roading than the Jeep Liberty it replaces.
Volvo will return to the U.S. station wagon market in early 2014 after a two-year hiatus with the V60. Volvo decided not to offer the compact V60 in the United States when the vehicle was redesigned for the 2011 model year.
While the sales tally for these Toyota Group hybrids aren't huge, the vehicles themselves are big. Really big. In fact, given they are light, medium and heavy-duty trucks, it's perhaps surprising that Hino Motors sold any at all.
Dealers in northern Europe are feeling the chill after a slump in new-car sales spread to countries such as Germany, the Netherlands and Sweden. The outlook is grim for some markets that had until now escaped the worst of the euro zone debt crisis.
Fiat will open a fully-owned dealer network in India almost a year after it ended an unsuccessful partnership with Tata to build and distribute cars in the country. Fiat hopes to crack the world's seventh-largest car market by tapping into fast-growing areas such as SUVs and sporty cars.
Marc Sheinbaum has been CEO of Chase Auto Finance since 2007. Though he will leave the finance company at the end of March, Sheinbaum remains bullish on the outlook for continued growth in auto lending this year.