In introducing a new C-Class coupe, Ernst Lieb forecasts the model will eat into sales of competitors such as BMW and Audi, which have a majority of vehicles that reside in the lower-priced luxury segment....More
"The (national) jobless rate for all ages is 9.6%. But the rate for those under 26, the median age of the Scion buyer, and the people I try to attract most to Scion, is 18.9%,” Jack Hollis says....More
The difference is the three auto makers will be cooperating on specific global projects that will see the development of small cars, commercial vehicles and future powertrains, rather than one company trying to run the other....More
Media reports in France say the auto makers plan to use the Edison platform, which will be the basis of the next Smart, a 2-door codenamed Rugby; and the next Renault Twingo, a 4-door codenamed Soccer....More
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