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Chrysler LLC Celebrates 25th Anniversary of the Minivan

Chrysler invented the minivan segment in 1983 Since then, Chrysler has sold more than 12 million minivans worldwide Chrysler and Dodge minivans still command more than 40 percent of the U.S. minivan market The Company leads in innovation with more than 65 minivan-first features Chrysler minivans are the most awarded with more than 260 ...


 
BMW 335d and X5 xDrive35d Pricing Announced

The era of BMW Advanced Diesel with BluePerformance begins Woodcliff Lake, NJ - November 11, 2008... BMW of North America, LLC today announced pricing of the 335d Sedan and X5 xDrive35d Sports Activity Vehicle, the first two BMW Advanced Diesels with BluePerformance. The 335d Sedan will have an MSRP of $44,725, including destination and ...


 
Toyota to Export U.S.-made SUVs and Pickups

Toyota announced today that it plans to export the "Sequoia" SUV made at Toyota Motor Manufacturing, Indiana, Inc. to the Middle East and South America, and the "Tundra" pickup truck made at Toyota Motor Manufacturing, Texas, Inc. to South America. The planned exports, scheduled to ...


 
Toyota iQ Wins Good Design Grand Award

Toyota announced today that its new "iQ" ultra-compact vehicle has won this years' Good Design Award Grand Award, the top prize in the Good Design Awards competition held annually in Japan. The "micro-premium" iQ, with a package that seats four in a vehicle 2,985mm long ...


 
Honda to Build New Automobile Transmission Plant at Hamamatsu Factory

Honda Motor Co., Ltd. announced plans to build a new automobile transmission plant within its Hamamatsu Factory in order to strengthen production of automobile automatic transmissions (AT) and continuously variable transmissions (CVT), to meet growing global demand. Rendering of the new automobile transmission plant The new automobile ...


 
GM to shift small crossover to GMC

General Motors will replace the Pontiac Torrent with a small GMC crossover for the 2009 model year. The new vehicle will be called the Terrain, say sources familiar with GM's product plans.
 
Nardelli hemmed in by Cerberus credit crunch

CEO Bob Nardelli and his management team are working on a short financial leash as they struggle to turn around ailing Chrysler LLC. They're limited to the roughly $10 billion in cash they have on hand. The company can't borrow any more.
 
Chrysler will cut fleet sales

Chrysler LLC plans to reduce fleet sales in 2008, CEO Bob Nardelli said. At a media event last week, he said 20 percent of annual sales would be a good target.
 
Crisis is looming for Plastech

One of North America's largest minority-owned auto parts suppliers is tottering into a financial crisis caused by its customers' production cutbacks. Over the past two weeks, Plastech Engineered Products Inc.
 
Exports of U.S. auto parts rise in quarter

U.S. auto parts exports rose by $1.48 billion in the third quarter as the falling dollar made U.S. goods cheaper abroad, according to corrected Department of Commerce data.
 
Last Mercury-only store exits new-car business

A breed many never knew existed became extinct last week: The nation's last Mercury-only dealership departed the new-car business. Community Motor Co. in Canonsburg, Pa.
 
Nissan sales boss retires

Bill Bosley, general manager of Nissan Division, has retired. Bosley, 53, will be succeeded on Jan. 1 by Al Castignetti, regional vice president over Nissan's Northeast sales region.
 
Climate bill dangles $40 billion for auto industry

Things are not really rosy in Washington right now for the automobile industry, but automakers and suppliers could be among the ultimate winners if the federal government caps greenhouse gas emissions.
 
 
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