In nearly 24 years of existence, the Infiniti luxury brand has been less than a stellar performer. Parent Nissan had a volume-rules mentality when it came to Infiniti sales, says Nissan Executive Vice President Andy Palmer, and little attention was paid to developing the type of products that have made the German brands so desirable.
Exports accounted for only a few hundred of the more than 14,000 Corvettes Chevrolet sold in 2012. But, says John B. Fitzpatrick, marketing manager-performance cars, “We have much higher expectations for the 2014 Stingray.†He predicts a boost in Corvette exports to Europe, Asia (especially China) and the Middle East. Exports to Europe collapsed earlier […]
DETROIT – The decision to drop the price of its Leaf electric vehicle by $6,400 in the U.S. almost overshadowed Nissan’s other news at the 2013 North American International Auto Show last week. After falling far short of the 20,000 units the Japanese auto maker aimed to sell to Americans annually, the price cut was […]
Three automakers, Daimler AG, Ford Motor Company, and Nissan Motor Co., Ltd., have signed an agreement to jointly develop a common fuel cell electric vehicle (FCEV) system. Each company plans to invest equally toward the project. According to the companies, their strategy is to use this project to launch the world’s first affordable, mass-market fuel […]
General Motors is investing $600 million in its Fairfax Assembly and Stamping Plant, which builds the Chevrolet Malibu and Buick LaCrosse. The automaker is using the investment to upgrade the plant, including adding a new 450,000 sq. ft. paint shop and installing a new stamping press. The automaker said vehicle production won’t be affected by […]
At the beginning of the year a number of new traffic laws went into effect in the state of Illinois, two of them regarding the use of cell phones while driving and a third regarding proper safety procedures following an accident that results in only damage to a vehicle (rather than occupants). The first new […]
Ford Motor Co. posted fourth-quarter net income of $1.6 billion, carrying the company to its fourth straight full-year profit. Excluding a large year-earlier extraordinary gain, net in the latest quarter rose 55 percent, powered by strong results in North America. European pretax losses of $732 million dragged down quarterly profits.
Don’t miss the fleet management conference of the year! THE ZONE 2013 is coming to the Grand Hyatt Riverwalk in San Antonio, TX on May 14-16! Discover the secrets to running a successful fleet and expand your professional network at this premiere event. The exciting two and a half days includes renowned keynote speakers covering large-scale strategic […]
The Fleet Executive conference will be held May 29-30 at the Titian Ballroom at the Venetian hotel in Las Vegas, and those who register before April 26 will receive an early bird discounted rate of $245, which includes all sessions, meals and networking opportunities.
