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 […]
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.
The Mercedes-Benz CLA, based on the Concept Style Coupe, is the first model exclusively built in Kecskemét and Dr. Dieter Zetsche, Chairman of the Daimler Board of Management and Head of Mercedes-Benz Cars, reveals the news just 10 months after the plant opened.
Audi received two awards for its new piloted parking technology at the 2013 Consumer Electronics Show. The automaker received a “Best Automotive Technology” award from media website The Verge and the “Product of the Future†award from Popular Science magazine.
BMW Group and Toyota Motor Corp. have signed binding agreements to collaborate on a number of technologies, including new battery technology, a fuel cell system, lightweight materials, and a joint platform concept for a mid-size sports vehicle that the automakers said will be complete by the end of 2013. These new agreements follow a memorandum […]
The 2014 Honda Accord Plug-In Hybrid Electric Vehicle, rated by the EPA at 115 MPGe in all-electric mode, went on sale Jan. 15 at select New York and California Honda dealers with an MSRP of $39,780. Combining hybrid efficiency with instantaneous electric-motor torque, the Honda Accord Plug-In is rated by the EPA with a maximum EV Mode […]
Mercedes-Benz is expanding its vehicle lineup with its all-new 2014 CLA-Class mid-size luxury sedan. Described as a four-door coupe, the vehicle features is based on the automaker’s “Concept Coupe†and feature’s that concept vehicle’s styling with its frameless doors. Mercedes said it received an “overwhelming†positive response to its Concept Style Coupe and decided to […]
