While popular Detroit CEO Alan Mulally has no plans to retire soon, Ford apparently has a lot of internal talent needed to hire the next chief from within the company, Executive Chairman Bill Ford said. In an interview with Reuters, Bill said that Mulally has groomed a strong team of potential successors for whenever he [...]
Speaking to reportes on Friday at Chrysler’s Brampton, Ontario plant, CEO Sergio Marchionne said that he attends to pay the U.S. and Canadian government loans that it received during its bankruptcy restructuring later this year. “I’d like to pay them off in 2011, if I could,” said Marchionne, CEO of both Chrysler Group and Fiat [...]
Volkswagen plans on keeping the ‘Passat’ name for its new midsize sedan that it will unveil at the 2011 Detroit Auto Show tomorrow, according to sources familiar with the company’s plans. So far, Volkswagen’s been calling the sedan the ‘New Midsize Sedan’ or ‘NMS.’ The German automaker is expected to confirm the decision to keep [...]
The 2012 Ford Focus Electric has joined the growing electric-vehicle market hoping to give the Nissan LEAF and the Chevrolet Volt a run for their money. It’ll be interesting to see how the world adopts to electric-vehicles in the near future. FoMoCo has just released a video showing a day in the life of an [...]
Toyota announced today that it is committing approximately $50 million over the next five years to fund a new , advanced safety research center that will collaborate with leading North American universities, hospitals, research institutions, federal agencies and other organizations. Known as the Collaborative Safety Research Center (CSRC), the goal of the project will be [...]
Yesterday we brought you a look at the Top 10 Best-Selling Cars of 2010 in the United States. Today, we’re going to cross over the Atlantic and see what the top 10 best selling cars were in the United Kingdom. Right off the bat, you’ll notice that compact cars are much more popular in Europe. [...]
What’s next on the map for Cadillac? As far as we know, Cadillac’s next move will be the XTS, a sedan that that will replace the STS and DTS. The Cadillac XTS is planned to go on sale next year and will be based on the XTS Platinum Concept unveiled at the 2010 Detroit Auto [...]
A Tesla employee has just recently confirmed on Engadget that the first ever prototype of the much-anticipated all electric sedan is up and running, despite there being no formal word from Tesla themselves. Brian Z. Jones, who was identified as the production control manager at Tesla via Facebook, wrote: “I just got to see the [...]
Derrick Kuzak, Ford’s group VP of global product development said today that in ten years, 1/4 of Ford’s global sales could come from electrified vehicles and hybrids. Kuzak spoke of Ford’s electrification plans today at the International Consumer Electronics Show in Las Vegas today, along with CEO Alan Mulally and other Ford executives. In 2010, [...]
Mercedes-Benz and Audi plan to double their US diesel offerings to attract American luxury buyers ranging from superstars like Cher, right down to retired Military personnel. Cher tested one of Mercedes new diesel vehicles after trying out, and being displeased with, a Lexus hybrid. Retired Navy Lieutenant Commander Tom Brown picked one up after previously [...]
