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....More
U.S. customers account for 45% of BMW’s high-performance vehicles, while China is the second-biggest market, the company says. The German auto maker sold 19,000 M-branded vehicles worldwide last year, a 12.8% improvement....More
Rather than cut capacity, OEMs are offering big discounts on their popular small cars, resulting in “horror stories about the pricing in the B-segment,” the CEO says. “We are not even recovering the variable costs.”...More
The city of Berkley takes its cruising seriously. Since the Woodward Dream Cruise began in 1995, the Detroit suburb has closed down its east-west thoroughfare, 12 Mile Road, on Friday night for a parade of classic cars.
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.