Chrysler Group LLC is counting on significantly higher sales of its midsize sedans to meet ambitious growth targets outlined last week in its five-year business plan, but the automaker has not been competitive for at least a decade in the market's largest vehicle segment.
Ford Motor Co.'s top sales analyst said this November U.S. sales appear to be at least as strong as October, meaning the industry has once again found its footing after one of the worst declines in history.
Ford Motor Co. confirmed Friday that it is developing a new police interceptor to replace the venerable Ford Crown Victoria when production of that model ends in 2011.
The automaker has decided to abandon the elderly Crown Vic platform in favor of an all-new police sedan, which will most likely be built off the new Ford Taurus platform.
General Motors Co.'s last-minute decision to hang on to its European Opel marque left Russian Premier Vladimir Putin and German Chancellor Angel Merkel spluttering with anger and induced German unions to take to the streets chanting abuse, but despite all this negativity, retaining control of its European operation makes lots of sense.
Ford's big bet on its new line of EcoBoost engines appears to be paying off. Demand for the engines, which promise better mileage while delivering more power, has taken off since they debuted last summer.
Electric cars dominated this year's North American International Auto show, prompting planners to devote an entire display and test track to the breakthrough technology at next year's event.