Audi’s CEO Rupert Stadler said that the brand will not try to be like BMW and position itself as a fuel-efficient ‘green’ brand. Stadler said that while Audi will do its best to improve the efficiency of its vehicles, it will not sell cars on the back of being a green car brand. “We will [...]
It’s no surprise by now that General Motors executives always seem to surprise us with their departure from Detroit. Former Saturn general manager Jill Lajdziak has been hired by Penske Automotive Group to become the company’s smart USA Distributor LLC unit as vice president, sales and marketing. Lajdziak’s appointment comes as Smart’s sales continue to drop [...]
Kelley Blue Book ‘s annual resale value analysis reports that 2010 Jeep vehicles will maintain 35.7 percent of their original value after 5 years of ownership, more than 3 percent above the industry average. That makes Jeep the top domestic brand in Kelley Blue Book”s kbb.com 2010 Residual Value Study. “This achievement is a testament [...]
FoMoCo is planning an investment of $300 million to $500 million in Michigan assembly plants to produce hybrid, electric-vehicles and batteries. However, Ford is facing obstacles due to Michigan’s willingness to grand the Dearborn automaker millions in tax credits, spokeswoman Jennifer Moore told Automotive News. Ford plans on building lithium-ion batteries for feature hybrid and [...]
The 2010 Lincoln MKT has landed in egmCarTech’s garage with its new 3.5L twin-turbocharged EcoBoost V6 engine option. The new full-size luxury crossover offers customers a new three-row tourer that delivers fuel-economy, practicality, performance and an amazing interior in one package. First Impressions: So far we are very impressed with Ford’s new luxury crossover. Every MKT [...]
The all-new and redesigned 2010 Hyundai Tucson will be making its way to dealerships later this month with a starting price tag of $18,995 for the GLS model with front-wheel-drive and a 6-speed manual transmission. Prices will top out at $28,695 for the Tucson Limited with a Premium Package, all-wheel-drive and a 6-speed automatic transmission. [...]
According to sources that spoke with Reuters, Volkswagen is close to announcing plans to take a 20 percent stake in Suzuki Motor Corp. A source that asked not to be identified said that Volkswagen could “easily” rise to a controlling stake of more than one-third down the line. “An announcement could come as early as [...]
It was only a matter time before Jay Leno got behind the 2011 Mercedes-Benz SLS AMG. As one of the biggest car enthusiast in the U.S., Leno’s opinions seems to have taken somewhat of a weight for automakers releasing models in the North American market. Check out Leno’s review of the SLS AMG after the [...]
According to J.D. Power and Associates 2009 Sales Satisfaction Index (SSI) Study, overall customer satisfaction with the new-vehicle purchases has improved from 2008. However, J.D. says that automakers are losing 12 percent of new-vehicle sales to other brands on average. J.D. Power and Associates studies overall customer satisfaction by measuring five factors: dealership facility; salesperson; [...]
The EPA has formally declared Greenhouse gases to be pollutants, helping lay the groundwork for a new standard of 35.5 mpg for light vehicles. The EPA reports that these gases are what is primarily driving climate change. Officials are gathering in Copenhagen, Denmark this week for the international climate summit where President Obama is expected [...]
