The Detroit Three met the challenge of the U.S. 18-month downturn that ended in mid-2009 by lowering their respective break-even points through downsizing. “We have 27 markets, so it’s a little bit more complex,” Karl-Freidrich Stracke says.
Dennis Williams does not seem convinced complete wage parity will occur, as he talks about “bridging” the gap between the two levels and stresses that the automakers must continue to be successful....More
WardsAuto editors gather for a roundtable discussion of several EV and hybrid vehicles vying for 2015 Ward's 10 Best Engines honors. Vehicles discussed include: BMW i3 (range extender and pure EV), Fiat 500e, Hyundai Tucson, Kia Soul EV, Lexus NX, Volkswagen e-Golf....More