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If The Lexus HS250h Dies In Obscurity, Does Anybody Notice?
Well, it was bound to happen. The ugly step-child of the Lexus lineup, the HS250h, is dead
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German State PM Tells Opel “Go West, Young Man!”
Exports have been mentioned before as a way to help improve Opel’s precarious near-term fortunes, and now one of Germany’s state-level Prime Ministers is throwing his support behind the export plan.
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Generation Why: General Motors Pulls Facebook Ads, Social Media Fever Entering Remission
Happy 28th birthday, Mark Zuckerberg. Your baby is about to go public, but GM still had to rain on your parade by pulling their advertising from Facebook because GM ad men didn’t think it was effective
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Warren Buffet buys 10 million shares in General Motors
Warren Buffet’s firm Berkshire Hathaway announced today that it has purchased 10 million shares of General Motors stock. The company disclose the investment today in a filing with the Securities Exchange Commission. The investment by Buffet’s company is just a small part of GM’s 1.57 billion outstanding shares – however, having Warren’s name behind the company should give some boost to the Detroit automaker’s image.
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Prius Most Likely To Outpace Toyota’s Sales Projections
By Philippe Crowe Toyota will need to make adjustments to the production of its Prius family of hybrids. As mentioned earlier here and in our monthly dashboard , the Toyota Division’s strong April sales performance in the U.S.
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Report: Mulally isn’t going anywhere, he may even stick around until 2030
FoMoCo CEO Alan Mulally has done wonders for the Dearborn-based automaker. In the last three years, Mulally earned Ford $29.5 billion after a $30.1 billion loss from 2006 through 2008
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Toyota RAV4 EV – A $49,000 Compliance Exercise
Toyota is only planning to sell 2,300 RAV4 EVs over the next three years! Can anyone say “compliance car”? According to Yahoo’s Motoramic blog, Toyota sold that many RAV4s in one week last month. The RAV4 is a big departure from the first generation RAV4 EV sold in California.
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Americans Get Most Mileage Out Of Foreign Cars
When April sales data came out , a lot of noise was made of the shift towards gasoline-sipping small cars. Shrill voices feted sales of electric cars, which look like a rounding error, as a win in the war on terror.
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Germany In April 2012: Was, Ich Worry?
Germany defies the European downtrend of car sales. In April, Germans bought 2.9 percent more cars than in April 2011. Europe’s largest car market most likely has cushioned the fall in other EU countries again, which will be evident once ACEA numbers for the EU are published in a week or two
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Definitive Agreements, Sale Announced for Automotive Components Holdings Interior Trim Business
Ford Motor Company and Automotive Components Holdings, LLC (ACH) today announced the signing of definitive agreements with Faurecia for the sale of the automotive interior trim components business, which is ACH’s only operation at its plant in Saline.
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New BMW X1 achieves 62 mpg (combined)
The new BMW X1 premium compact crossover model is now available to order after the launch of the first X1 model over two years ago – the EfficienctDynamics version returns 62.8 mpg (combined) with CO2 reduced to 119 g/km. The new X1's design has been refined inside and out, and an extensive range of optional extras is on offer.
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GM Reports $1b Q1 Profit, Still Seeking “Competitive Levels Of Profitability”
Once upon a time, GM’s North American operations spewed red ink across the firm’s balance sheet, with the whole mess kept afloat by relatively strong overseas operations. Now GM makes most of its money at home while its international divisions limp along