Some say the market already has taken the belly-punch from all the noise over a potential default by Greece and dissolution of the euro; although staggering, the industry isn’t likely to hit the canvas next year....More
High interest rates make borrowing more difficult for the middle class, the engine behind the country’s impressive economic growth in recent years. As a result, previously booming new-car sales have stalled....More
Marchionne says the elimination of Opel reduces by about 15% the possible synergies FCA and GM could achieve, but he still thinks a deal would be worth pursuing, even though he spotted one big negative the day of the sale’s announcement....More
With the upper luxury Phaeton now out of production, the new Arteon will take over at the head of Volkswagen's car lineup in most markets except China, where the recently introduced Audi A6-based Phideon will sit above it.
Automakers are updating their vehicle interiors with unprecedented speed, eager to integrate new technologies, softer leather, better sound systems and richer colors. WardsAuto will announce winners April 17....More