The production model will be vastly different from the concept that was the target of criticism for its polarizing styling. “It will be very contemporary, very elegant,” the automaker’s top U.S. executive promises....More
Rather than turn to a full-aluminum body, Reid Bigland says Ram is integrating the material where it makes sense, such as the hood, and is achieving class-leading fuel economy by developing innovative powertrains....More
The coupe and sedan, displayed in their world premiere at this year’s North American International Auto Show, go on sale simultaneously early this summer with a more powerful engine, aggressively bolstered seats, bold styling and an emphasis on lightweight materials, such as carbon fiber.
Automatic emergency braking, head-up display and advanced connectivity and infotainment options round out a list of available features, but Hyundai says the starting price will be under $40,000....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