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Chevrolet’s Corvette convertible shines at Geneva show

Geneva, Switzerland — Convertibles have been part of the Corvette’s appeal since 1953, and the all-new 2014 Stingray is no exception. At a worldwide introduction at the Geneva Motor Show today, Chevrolet took the wraps off the latest Corvette convertible. Competing with several exotic sports car reveals from Ferrari, Lamborghini and McLaren, the 2014 Corvette convertible took its […]

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Marchionne confirms Fiat’s 2013 targets, sees no European market recovery

Fiat CEO Sergio Marchionne today confirmed the company’s 2013 profit targets and said he saw no recovery in store for Europe’s car markets this year. “I don’t see any glimmer of hope [for a European market recovery] this year,” he told journalists at a press conference at the Geneva auto show.  

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AutoNation adds 3 to brand plan

Some luxury brands are giving AutoNation Inc., the country’s largest auto retailer, the OK to put the AutoNation brand name on their dealerships. But continued reluctance about retailer branding from the best-selling luxury automakers — the German manufacturers, in particular — may keep AutoNation’s branding strategy from spreading to the rest of its network and […]

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Daimler’s Renschler out as head of trucks division

Andreas Renschler will no longer head Daimler Trucks, parent company Daimler AG announced Thursday, Feb. 21. Renschler has headed the company’s trucks division since October 2004, and he’ll be moving to a production and purchasing role for Mercedez-Benz, another Daimler company.  

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New Senior Vice President for Volvo China

In 2010 Danielson, then plant manager at Volvo Cars Torslanda, was chosen to manage Volvo Cars’ burgeoning operation in China after just four years with Volvo, having spent most of his career at Saab and General Motors. “I’m very pleased that Lars Danielson has accepted this challenge. His extensive experience within manufacturing will be of […]

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Toyota Venza goes from Georgia Ports to Russia and Ukraine

The aim is to export 5,000 units a year to the rapidly expanding markets, following more than 70% of Toyota’s vehicles sold in the US last year being assembled in North American plants and the first exports reaching South Korea in November. “We are proud that Toyota’s U.S. manufacturing operations are continuing to grow as […]

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How to succeed by adding brands

Volkswagen Group, bent on becoming the world’s largest automaker, has amassed an expansive collection of brands to help put that goal within reach. Chrysler Group keeps adding logos to its dealers’ showrooms — Ram, Fiat, SRT and soon Alfa Romeo.

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GM cars to be Internet hotspots

General Motors, laying down a high-stakes bet on the future of vehicle connectivity, plans to make each of its cars an Internet hotspot with a high-speed broadband connection. By mid-2014, GM will team with AT&T Inc. to equip most 2015 models in the United States and Canada with 4G LTE broadband, the fastest type of […]

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Volkswagen Aims to Boost Captive-Loan, Floorplan-Financing Rates

Volkswagen Credit wants to boost the number of loans it originates to car buyers and dealers as it grows along with the VW and Audi brands in the U.S. VW and Audi, combined, are targeting 1,000 annual U.S. sales by 2018, up from 2012’s 577,443, WardsAuto data shows.

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