CHICAGO – Ferrari North America Inc., which is celebrating its 50th anniversary in the U.S., expects its recently created certified pre-owned program to sell 1,300 qualified used Ferraris in 2004....More
CHICAGO – In the wake of slower-than-expected sales for the Mitsubishi Endeavor cross/utility vehicle, Mitsubishi Motors North America Inc. is pulling the plug on its Montero Sport SUV, Ward’s has learned....More
CHICAGO – The Tacoma X-Runner “concept” pickup that really isn’t a concept at all symbolizes Toyota Motor Corp.’s assertion that future growth in the U.S. compact and fullsize pickup segments will come largely from so-called “personal-use” buyers....More
CHICAGO – All-wheel drive, an increasingly popular feature in many segments of the U.S. light-vehicle market, may prove to be an important selling point for Ford Motor Co.’s Mercury brand, says Lincoln-Mercury President Darryl B. Hazel....More
CHICAGO – Speaking on the eve of launching an important new model at the Chicago Auto Show here, the president of Ford Motor Co.’s Lincoln-Mercury division says the upscale brand will increase its market share this year and in subsequent years....More
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