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Hinrich Woebcken said heeding its dealers with a product lineup and business model that catered more to U.S. tastes helped the automaker rebound in sales and market share in 2017.
With lucrative SUV and truck sales on the ascent, Detroit automakers are racing to ditch slow-selling cars in favor of the big rigs that mint them money.
Continental hired JP Morgan to advise on a possible reorganization that could see a breakup of the company's business units as it repositions for a market focused on EVs and AVs, Reuters reported.
General Motors is forecasting its financial results this year to be in line with expected earnings in 2017, followed by an "even better" performance in 2019.
Jeep's midsize SUV, the Cherokee, gets a new turbocharged 2.0-liter inline-four engine, a new face and a number of fixes as part of an extensive freshening for the 2019 model year.
Mercedes-Benz estimates that 25 percent of its new- and used-vehicle sales will be completed online by 2022, sales chief Britta Seeger says.
Automakers and suppliers must make enhancing cybersecurity a key focus if the connected, autonomous vehicles of the future are to be safe, the president of BlackBerry Technology Solutions said.
Ferrari will make a battery-powered supercar to challenge Tesla Inc. at the high end of the electric-auto market, CEO Sergio Marchionne said.
AutoNation expects to save as much as $100 million in 2018 because of the tax overhaul. It will use much of its savings to invest in employee training and benefits.
California and the Trump administration will hold a series of new talks over fuel efficiency rules as the auto industry still hopes for a deal to retain nationwide requirements.
At Detroit show: China's GAC plans U.S. sales in '19; Toyota's long view on Avalon; High-performance Hyundai Veloster; Stinger DNA in Kia Forte; Preview of next Rogue?; Roomy Infiniti.
BMW's new X2 crossover will fill a key gap in the automaker's utility lineup that accounts for a third of its worldwide sales.
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