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.
Due to what they call a lagging of infrastructure investment in the last few decades, Senators Frank Lautenberg (D-N.J.) and John D. Rockefeller IV (D-W.V.) want to establish a fund within the Department of Transportation designed to use federal money to create incentives for private investment into transportation funding.
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 […]
Google is poised to expand its online car-shopping service to dealers throughout California and enter more states, sources say. Dealers in the San Francisco Bay area have tested the service since last summer. Consumers can browse dealers’ inventory and check vehicle prices without leaving Google search pages.
I’ve been driving for 30 years now, and in those three decades, I’ve seen a lot of technological changes in both automobiles and commercial vehicles. For me, the two greatest innovations during that time have been keyless entry and intermittent windshield wipers.
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.
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 […]
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 […]
Continental rolled out a prototype Driver Focus vehicle intended to train motorists not to text, apply lipstick, read a map, sift through the glovebox or look backward to give a crying child a pacifier while the wheels are turning.
