CAFE targets become much more difficult to meet after 2018, causing many auto industry insiders to say a move away from steel will be necessary, although the steel industry vehemently disputes this....More
In the case of battery-electric vehicles, experts see the ramp-up of public charging stations as particularly sluggish. “Bottom line, all the talk about public charging isn’t happening,” says GM’s Britta Gross....More
From the passenger seat, the all-new 2.3L EcoBoost propels the car with gusto through three laps on a short handling track about the size of a football field in the Charlotte Motor Speedway parking lot....More
It was only five minutes in the passenger seat, but that was enough time to draw some first impressions about the all-new '15 Ford Mustang with its 2.3L EcoBoost 4-cyl. engine, independent rear suspension and upgraded interior.
FCA CEO Sergio Marchionne warns that the disintegration of sales since 2007 equates to the loss of nearly 12 assembly plants. European automakers, however, have not rebalanced manufacturing capacity....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
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business....More
Popularity of this new breed of vehicles is growing rapidly worldwide, and more automakers are beginning to test the U.S. market, where buyers are expected to migrate from small hatchbacks and sedans....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