Ford Reports 2013 Pre-Tax Profit of $8.6 Billion, Workers Get $8,800 Bonus
29 Jan 2014, 17:03 UTC · By: Ciprian Florea / Ford Motor Company has announced a pre-tax profit of $8.6 billion for 2013, an increase of $603 million compared to the previous year and its highest full year automotive pre-tax profit in more than...
Fiat, Chrysler Reveal New Corporate Logo
29 Jan 2014, 15:00 UTC · By: Ciprian Florea / Fiat Group has revealed the new corporate logo that will represent both Fiat and Chrysler once the reorganization of the new Group will be complete. The new FCA acronym, which stands for “F...
Toyota Kirloskar Further Training Employees - 10-25% Energy Savings
24 Jan 2014, 18:34 UTC · By: Gabriel Brindusescu / Toyota Kirloskar Motors managed to achieve 10 to 25 percent energy savings at its plant through thoroughly training its employees on the shop floor. “The company through in-house innovation...
Toyota Previews Sales and Production Plans for CY2014
23 Jan 2014, 09:40 UTC · By: Gabriel Brindusescu / Toyota Motor Corporation (TMC) just announced its CY2014 sales and production plans, including those for subsidiaries Daihatsu Motors and Hino Motors. Toyota alone wants to sale 7,780,000 units (...
Indonesia Already Importing Toyota Etios for Taxi Business
22 Jan 2014, 18:46 UTC · By: Gabriel Brindusescu / Despite Toyota having not started to officially sell the Indian-made Etios sedan in Indonesia, the local subsidiary has already imported the vehicles to use them as taxis in the city of Surabaya. ...
Exec Behind 2014 Jeep Cherokee Drivetrain Leaves Chrysler
22 Jan 2014, 10:58 UTC · By: Ciprian Florea / Mircea Gradu, the man behind the development and launch of the 2014 Jeep Cherokee’s innovative all-wheel drive system, has left the Chrysler Group “to pursue other interests”, the ...
Fiat Buys Remaining Chrysler Shares
21 Jan 2014, 16:54 UTC · By: Ciprian Florea / Fiat has completed its acquisition of Chrysler Group, the Italian-based manufacturer announced today after buying the remaining 41.46 percent stake from the United Auto Workers’ VEBA Trust. ...
Ford Is America’s Best-Perceived Auto Brand in 2013
21 Jan 2014, 09:08 UTC · By: Ciprian Florea / With nearly 2.5 million vehicles delivered in 2013, Ford remained America’s best-selling brand for the fourth consecutive year, we reported earlier this month. Now we’re back to tell you...
Marchionne to Remain Fiat-Chrysler CEO Through 2017
16 Jan 2014, 13:03 UTC · By: Ciprian Florea / Sergio Marchionne will remain CEO of Fiat-Chrysler until at least 2017, John Elkann, chairman of the Fiat Group, revealed at the 2014 Detroit Auto Show. Marchionne, 61, will oversee the full merger ...
Chuck Stevens Named GM CFO
15 Jan 2014, 15:05 UTC · By: Ciprian Florea / Chuck Stevens is General Motors’ new executive vice president and chief financial officer (CFO), the Detroit-based manufacturer announced today. Previously CFO of GM North America, Stevens wil...
Rolls-Royce Registers Record 2013 Sales, Leads "Super-Luxury" Market
9 Jan 2014, 09:04 UTC · By: Andrei Tutu / Rolls-Royce has just published its 2013 sales figures and things are looking more than positive. The automaker managed to convince 3,630 customers last year, which means it’s registered its fo...
Toyota Kentucky Laying Grounds for Lexus ES Building Plant
8 Jan 2014, 17:28 UTC · By: Gabriel Brindusescu / Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) just raised the first steel column of its future assembly line of the first US-made Lexus vehicle. Aligning with its continuous strategy to assem...
Australia To Import 2014 Toyota Corolla Sedan from Thailand
8 Jan 2014, 14:30 UTC · By: Gabriel Brindusescu / Right now Australia has a rebadged Toyota Auris instead of the sedan eleventh generation Corolla the rest of us have, but this is soon to change next month. Starting with February, Toyota Austral...
Ford CEO Alan Mulally Not Leaving for Microsoft
8 Jan 2014, 13:23 UTC · By: Ciprian Florea / Ford CEO Alan Mulally said he won’t be leaving the Detroit-based company to become CEO of the Microsoft Corporation, putting an end to recent rumors claiming the 68-year-old will replace Steve...
Paul Edwards Appointed US Vice President of Chevrolet Marketing
8 Jan 2014, 10:45 UTC · By: Ciprian Florea / Paul Edwards is the new US vice president of Chevrolet Marketing, the Detroit-based automaker announced earlier this week. The 44-year-old executive succeeds Chris Perry, who resigned last month. ...
Former Cadillac Exec Don Butler Joins Ford
7 Jan 2014, 16:13 UTC · By: Ciprian Florea / Don Butler, Cadillac’s former vice president of global strategic development, has been appointed as Ford’s new executive director of connected vehicles and services, the Blue Oval automa...
Ford China Reaches New Sales Record with 49% Increase in 2013
7 Jan 2014, 11:03 UTC · By: Ciprian Florea / Ford China sold 935,813 vehicles last year, a 49 percent increase from 626,616 vehicles delivered in 2012, the manufacturer announced earlier this week. Changan Ford Automobile (CAF), the brand&r...
Toyota December and 2013 Year Sales Preview
3 Jan 2014, 15:39 UTC · By: Gabriel Brindusescu / Toyota Motor Sales US just reported its December 2013 sales results of 190,843 units, representing an increase of 2.2 percent over the same month in 2012 on a daily selling rate basis. On a raw-v...
Hyundai Motor America Appoints New President/CEO As John Krafcik Steps Down
30 Dec 2013, 14:00 UTC · By: Ciprian Florea / Hyundai Motor America has announced that David Zuchowski will assume the position of President and Chief Executive Officer (CEO) effective January 1, 2014, when John Krafcik will step down upon the ...
Most Popular New Vehicles of 2013 Announced
30 Dec 2013, 12:47 UTC · By: Ciprian Florea / With 2013 drawing to a close, AutoTrader has announced the top 20 most popular new vehicles of the year. Half of the list is made out of pickup trucks, with the Ford F-150 retaining its spot as the ...