News Releases

  • New: Mercedes-Benz E-Class Coupé and Cabriolet

    Like the Saloon and Estate models, Mercedes-Benz has completely revised the Coupé and Cabriolet members of the E-Class family. New additions include powerful and efficient BlueDIRECT four-cylinder engines featuring pioneering injection technology and trend-setting assistance systems, which come under the heading “Intelligent drive”. These are systems which can help to…

    Read More »
  • Toyota: Share Price Transition Updated

    Toyota Motor Corporation (TMC) issued to investors on 4 January 2013 a record of share price transitions during FY 2012, with a stock summary as of 31 March 2012, at: http://www.toyota-global.com/investors/stock_information_ratings/outline.html.

    Read More »
  • Ford is top-selling automaker in Canada for three consecutive years

    F-150 top-selling vehicle in Canada     Ford Motor Company of Canada, Limited finished the year as the best-selling manufacturer in the industry for the third consecutive year. The F-Series made history in 2012 selling more than 100,000 units; first time an automaker has sold that many trucks in a…

    Read More »
  • Visteon’s New Vehicle Concept Makes its North American Debut at 2013 International CES

    Automotive supplier’s e-Bee concept demonstrates a vision for mobility in 2020 Representing Visteon Corporation’s vision of mobility in the year 2020, the e-Bee vehicle concept is designed to explore new and alternative ways of using a vehicle, including car-sharing, private ownership and short-term rental. Using touch display-based controls and Cloud-centered…

    Read More »
  • Cisco, NXP Invest in Cohda Wireless

    Advancing Intelligent Transport Systems and Car-to-X Communication  Cisco and NXP Semiconductors N.V. today announced that they have each made an investment in Cohda Wireless to advance intelligent transportation systems (ITS) and car-to-X communications.  Cohda Wireless is a leading specialist in wireless communication for automotive safety applications.  Today’s announcement brings together…

    Read More »
  • Cadillac Posts Best Retail Sales Since 2007

    Lower incentives, fewer fleet sales, quick-turning inventory extend momentum Increased demand from retail luxury buyers drove Cadillac U.S. sales in December 12 percent higher compared with December 2011and 26 percent above November 2012. The brand closed 2012 with its highest retail sales total since 2007, due to popularity of the…

    Read More »
  • Tesla Motors Wins Law Suit Against Auto Dealers in Massachusetts

    Tesla Motors won dismissal of a lawsuit brought by the Massachusetts State Automobile Dealers Association claiming Tesla was in violation of Massachusetts law by conducting sales within the Commonwealth of Massachusetts. A Superior Court judge dismissed the case based upon the auto dealers’ lack of standing and failure to state a claim. Several months ago the judge…

    Read More »
  • Fiat Exercises The Second Tranche Of The VEBA Call Option

    Fiat has notified VEBA1 of Fiat’s exercise of its option to purchase a second tranche of the interest held in Chrysler Group LLC2 by VEBA, representing approximately 3.3% of Chrysler’s outstanding equity. Fiat is required to pay an exercise price for such purchase determined based on a market multiple (not…

    Read More »
  • GM Offering Standard Maintenance to Fleet Buyers

    General Motors Fleet and Commercial Sales announced today that the GM Business Choice program, designed specifically for business customers, now includes an industry-first two-year, 30,000-mile Business Maintenance Plan, in addition to a cash allowance for vehicle accessories or upfits. GM is the first automaker to offer a maintenance plan alongside…

    Read More »
  • Kia Motors America Announces All-time Best Full-year Sales And U.S. Market Share For 2012

    Kia Motors America (KMA), which previously announced it had surpassed its best-ever full-year sales total in less than 11 months, today reported all-time record sales in 2012 of 557,599 vehicles, a 14.9-percent increase over the previous best-ever mark set in 2011.  As one of the fastest-growing car companies in the…

    Read More »
  • Buick Delivers Best Retail Sales Year Since 2006

    Buick retail sales for 2012 were up 6 percent over 2011 and at the highest level in six years, giving the brand its third consecutive year of retail sales gains. Buick total sales increased 2 percent in 2012 and were the highest since 2007. Retail sales, which are sales to…

    Read More »
  • GMC Achieves Best Sales Year Since 2007

    GMC closed the 2012 calendar year with 413,881 total sales for a year-over-year gain of 4 percent. With retail sales up 2 percent, the brand recorded its third consecutive year of sales growth and its highest sales in five years. Over the past three years, GMC combined retail sales have…

    Read More »
  • Chrysler Group LLC Reports December 2012 U.S. Sales Increased 10 Percent – Strongest December Sales in Five Years; Full-Year Sales Up 21 Percent – Strongest Annual Sales Since 2007

    Best December sales since 2007 33rd-consecutive month of year-over-year sales gains Chrysler Group U.S. sales increase 21 percent in 2012; outpaces projected 13 percent average industry increase Chrysler Group U.S. market share grows to 11.2 percent in 2012; up from 10.5 percent share in 2011 Jeep® brand sales up 13…

    Read More »
Close
Close