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
WardsAuto editors evaluated the 40 vehicles in October and November, driving to and from home, work, school, the hardware store and on weekend roadtrips. There is no instrumented testing. Vehicles must have a base price no higher than $62,000 to be eligible.
For the 23rd year in a row, top powertrain engineers from around the world gathered to celebrate the winners of the Wards 10 Best Engines competition. Trophies were awarded at a ceremony in Detroit during the North American International Auto Show.
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.