Without solid backing on Wall Street, FCA may have trouble securing favorable credit for the estimated €50 billion needed to reach aggressive volume targets set last May for the Chrysler, Jeep and Alfa Romeo brands.
BMW reportedly is leading the development of the cars’ chassis, banking on its experience with aluminum, carbon fiber and high-strength steel to create a lighter and stiffer composite body structure, while Toyota is focusing on high-performance hybrid technology.
Following the concept of Daimler’s Smart minicar, Daihatsu rejects the notion it is difficult to alter a car’s design after it is bought, and instead is enabling customers to make post-purchase changes in line with their preferences.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
Volvo layers up the 7-passenger XC90 with smart safety features such as ergonomic and orthopedic seats designed to prevent back injuries if the vehicle is headed into a ditch. This crisply styled interior is highly intelligent and surprisingly clean....More
A massive increase in Defender thefts has followed JLR’s January termination of the all-wheel-drive workhorse’s 67-year production run. Rural insurer NFU Mutual says more than 500 Defenders were stolen across the U.K. last year....More