The prototype is scheduled to continue testing until July. The first delivery to fleets and independent taxi owners begins in October. “We will start bringing vehicles in at a rapid pace from our Cuernavaca, Mexico, plant,” Joe Castelli says....More
Ludwig Willisch is confident about BMW’s prospects this year. Besides overall U.S. market strength and “a nice influx of new models,” he expects a sales boost from a new 4-cyl. diesel engine in the 328d that debuts in August....More
The ’14 coupe resurrects an iconic Chevy nameplate and will deliver at least 500 hp and 470 lb.-ft. (637 Nm) of torque from a naturally aspirated LS7 7.0L V-8 mated to a 6-speed manual transmission....More
The Henry Ford in Dearborn, MI, hosted its fifth annual Maker Faire Detroit this past weekend in highlighting the importance of grassroots innovation and problem-solving. Some 400 creators participated in this year’s event, including 100 for the first time.
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....More
In October 2013, trade between NAFTA partners totaled $103.1 billion, up 4.5% from a year earlier, marking the first month in the pact’s history in which trade exceeded $100 billion in a single month....More
Economic recovery is weak and gradual, unemployment remains stubbornly high and Europe faces a growing and acute economic challenge from other global regions. We will only deliver the full potential benefits of the Single Market if we set a genuinely new course for Europe....More