Industry

  • Kia opens new U.S. headquarters and design center

    As Detroit's Big 3 see sales figures plummet, closing factories and design centers has become a nearly monthly event. Kia's U.S. operations, however, haven't felt the punishing blows of high fuel prices and a weak economy as keenly, thanks in part to the company's relatively small and fuel-efficient line of cars. Things are going so well, in fact, that the company has just opened a new U.S. headquarters and cutting-edge design center in Irvine, California. The 239,000 square-foot headquarters facility has been in the works for some time but is now fully complete, currently operating with a...

  • Americans still unwilling to pay for hybrid technology, survey shows
    Americans still unwilling to pay for hybrid technology, survey shows

    Fuel prices are a hot topic among American motorists, and ways to reduce bills at the pump are equally popular, but new information shows paying in advance for savings down the road is not an appealing solution for today's buyers. The added up-front costs of hybrid vehicles turned as many as a...

  • Update: Pontiac confirms no manual gearbox for 2009 G8 GT
    Update: Pontiac confirms no manual gearbox for 2009 G8 GT

    Update: Rumors circulating around the web have indicated the 2009 Pontiac G8 GT was to receive a six-speed Tremec manual transmission option, but the official word from Pontiac's communications manager Jim Hopson is that no such option will be available. Only the G8 GXP, the LS3-equipped...

  • EU tire makers oppose tire noise regulations
    EU tire makers oppose tire noise regulations

    A package of proposed mandatory safety features under consideration for European Union member nations has generally been well-received. One provision, however, has raised concern among tire makers that road safety could actually be compromised rather than improved. Reducing tire noise without...

  • NHTSA delays new roof-strengthening rules
    NHTSA delays new roof-strengthening rules

    More research and investigation into the necessary levels of strength for automobile roofs will be necessary before the Nation Highway Traffic Safey Administration (NHTSA) can submit a proposal to the U.S. Congress outlining the changes necessary to improve rollover safety. Other aspects of the new...

  • McCain proposes $300 million prize for battery tech
    McCain proposes $300 million prize for battery tech

    Republican presidential candidate John McCain has intensified his efforts to fight global warming by proposing a $300 million government prize to the first person or corporation to develop vehicle battery technology superior to anything currently available. Speaking at Fresno State University in...

  • Lamborghini offers lifetime Sirius radio

    Proof that competition exists between carmakers even at the extreme upper end of the market, Lamborghini has signed an exclusive deal with Sirius to provide its satellite radio service in the Raging Bull's cars. The first model so equipped will be the Murcielago. Starting with the 2009 model year, all U.S. Murcielagos will be Sirius-capable, with the system installed at the factory. The real perk, compared to the average passenger car equipped with Sirius, is that the free subscription period isn't just six months or a year - it's a lifetime subscription. The feature is expected to roll out...

  • GM considering switch to smaller platforms for new SUVs
    GM considering switch to smaller platforms for new SUVs

    The shift toward smaller cars and SUVs in the U.S. is getting under way, with nearly daily announcements of product reconfigurations, lay offs, plant idlings and other action designed to cut losses and adjust to the new fuel price-drive landscape of the auto market. General Motors has already...

  • Ford cuts SUV production, confirms Euro Focus for U.S.
    Ford cuts SUV production, confirms Euro Focus for U.S.

    The fuel-driven shift to smaller cars in the U.S. is ramping up as Ford has announced today a reduction in the production of its SUV and pickup lineup for the remainder of the year, at the same time confirming production of the European Focus and Fiesta for North America for 2010. Strong demand for...

  • GM to shed further 18,657 workers through buyouts
    GM to shed further 18,657 workers through buyouts

    Update: GM has confirmed that an additional 18,657 employees will be cut from its workforce through the use of buyouts and retirement incentives, and about half of these will be from its Michigan facilities. While GM isn’t expected to replace all of the workers who leave, some openings will...

  • Premium fuel sales plummet as prices approach $4.50/gal
    Premium fuel sales plummet as prices approach $4.50/gal

    Naturally aspirated sports cars and turbocharged cars of all types are the primary sources of real, requisite demand for premium fuel. Most cars, even luxury and upscale passenger cars, get along just as well on regular gasoline as on premium. But now, even owners of cars that require the...

  • BMW M division celebrates 30 years and 300,000th car
    BMW M division celebrates 30 years and 300,000th car

    High-performance versions of more pedestrian street-going cars have been a favorite of carmakers and enthusiasts alike since the beginning of the industry. BMW's M division, in operation since 1978, has produced some of the best examples of the concept, with its legendary M3 sitting at the...

  • Toyota cutting truck production to match sales

    Just like their U.S.-owned counterparts, Toyota's trucks are not selling like they used to. Sales of the Tundra fell 34% in May, a figure similar to Ford and GM's full-size truck sales downturns. Cuts in production will not be as deep as the U.S. carmakers, however, since Toyota isn't as reliant on the cargo-haulers for sales volume. A 14-day idle of the Tundra plant in San Antonio, Texas is expected to set right inventories of the full-size pickup, while a six-day shutdown of the Tundra and Sequoia SUV plant in Princeton, Indiana will help as well. More days may be cut from the Princeton...

  • Chrysler sales to drop further, CEO warns
    Chrysler sales to drop further, CEO warns

    May sales saw Chrysler's overall total drop 25% compared to 2007 figures, and CEO Bob Nardelli is warning that the slide will continue. In an email sent out to the company's employees Nardelli urged workers to keep their focus and help Chrysler get its product lineup back on track. June sales are...

  • Ford to shutdown three U.S. plants for up to 9 weeks
    Ford to shutdown three U.S. plants for up to 9 weeks

    A two-week summer idle at several of its factories over the summer is a time-tested method to keep production in line with demand at Ford, but the announcement today reveals some plants will be going on extended holiday - in one case, for as long as nine weeks. Weak demand for pickups and large...

  • Update: Weak dollar may not delay U.S. launch of next-gen VW Golf (Rabbit)
    Update: Weak dollar may not delay U.S. launch of next-gen VW Golf (Rabbit)

    Click here for all the official information and pictures for the 2009 Volkswagen Golf Mark VI Update: A statement by VW's U.S. spokesman, Steve Keyes, indicates the Golf Mark VI, or Rabbit as it's known in the U.S., will be arriving for sale as scheduled. The previous report of the Mark VI's delay...

  • Volkswagen reducing vehicle weight to save fuel
    Volkswagen reducing vehicle weight to save fuel

    Tightening EU and U.S. fuel efficiency and emissions rules are pushing Volkswagen to find any way it can to improve its fleet's figures, and it has decided lighter weight cars is one of the best options. The entire VW Group fleet, from Bentley to Skoda, will be affected by the move that hopes to...

  • Obama pledges commitment to auto industry if elected
    Obama pledges commitment to auto industry if elected

    The leading Democratic candidate for U.S. president, Barack Obama, has promised he won't neglect Detroit the way President Bush has. The car industry has had an especially rough time through the first six months of 2008, and although the future may not prove to be as dire as some had predicted...

  • Ford moves to three-year product update cycle

    As a strategy to help keep sales high through a model's lifetime, Ford is moving to a three-year restyling cycle. The first indication of Ford's new short program is the freshening of the 2009 Ford Flex, which is already underway. That's right, the Flex is not even on dealer lots yet and it's already being redesigned. Ford's own design director, Peter Horbury, admits that it feels odd to be working on the redesign so soon after completing the original. The normal wait time would be five years before a redesign. But to meet a three-year product cycle, work on the next version must begin...

  • Ford holds meeting with UAW, plans more job cuts
    Ford holds meeting with UAW, plans more job cuts

    Ford held talks with more than 300 plant managers and UAW officials in Detroit on Friday to discuss the future of manufacturing in North America and the shift from trucks and SUVs to cars. Other topics included the need for targeted buyouts of Ford’s manufacturing workforce and the...

  • Chrysler announces 2% price rise
    Chrysler announces 2% price rise

    Due to take effect as of Monday, June 16, Chrysler has told its dealers most new production of the current 2008 models and next year's 2009 models will face a 2% price rise in the U.S. Increased prices on the raw materials used to build its cars are the driving force behind the rise. Chrysler isn't...

  • Exxon Mobil to quit retail service-station business
    Exxon Mobil to quit retail service-station business

    Rising oil prices and increasing competition from grocery stores and hypermarts serving fuel have pushed service-station profit levels so low that returns are almost non-existent. The situation has now caused Irving oil giant Exxon Mobil to leave the retail fuel business in the U.S., announcing...

  • Europeans saving thousands by buying cars in U.S.
    Europeans saving thousands by buying cars in U.S.

    The weakening U.S. dollar compounded with low vehicle sticker prices is drawing more and more European consumers looking to make a hefty saving on the purchase of their next car. Savings of up to 30% of the cost of similar models in Europe, even after the costs of shipping it back home plus...

  • Tesla to partner with Daimler
    Tesla to partner with Daimler

    Tesla has reportedly signed a technology deal with Daimler according to latest comments from the electric car company’s Chairman Elon Musk. The new deal is in its early stages but according to the Tesla exec it could potentially grow into something major. Elon Musk reportedly told Fox...

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