Design chief Walter de Silva has had a lot on his plate as manager of a huge empire, and it is unclear whether a direct replacement will be groomed or responsibilities divided more strategically among the bevy of brands in the VW Group.
Volkswagen reportedly has been working on similar technology and may show off a similar concept in Paris. But Renault wants to be the first automaker to offer a B-segment compact family car that delivers 235 mpg and can carry four people.
The outstanding fuel economy comes from a unique hybrid powertrain that uses air instead of electricity. The technology combines a 3-cyl. PureTech gasoline engine with a compressed-air energy-storage unit that powers the automatic transmission.
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.
Chief Johan de Nysschen is looking to lead Cadillac out of a “no-man’s” land, where its vehicles are priced too high for legacy customers and the brand lacks the equity required to conquest Mercedes and BMW buyers....More
In 2017, California’s emissions rules will change and FCVs will carry the traveling credits automakers use to remain 50-state compliant. The rule change could lead to a shift in OEM capital investment....More
The new model should appeal to customers of high-end European makes but “who really want an American car,” says Jim Farley, Ford’s chief marketing officer. “This is an in-your-face (car); there’s nothing subtle about it.”...More
How come we are not getting back to levels of the previous LV sales peak in 2006? The best answer to that question is the underperformance of pickups, especially the untapped potential of small pickups....More