Industry

General Motors Company [NYSE:GM] has announced it will build more than 100 Chevrolet Equinox Fuel Cell vehicles and begin placing them with customers next year, as part of a comprehensive deployment plan dubbed “Project Driveway." The project is designed to learn all aspects of the customer...

Ford has announced the details of its upgraded Way Forward turnaround plan, with the major announcements being a reduction in operating costs through offering employee buyouts, acceleration of Ford’s product strategies, and reduction in manufacturing capacities. Below are the details about...

One of the rumors surrounding Ford’s imminent Way Forward 2.0 announcement was that they would drop some brands, the most likely one being Mercury, whose sales have halved in the last few years. But in an interview with the Detroit Free Press, a Ford spokesperson confirmed they would keep all...

It’s no secret that car companies love product placements. What better place to showcase your new sports car than in the hands of a hero that’ll throw it around and use it to kill evil people? This season, Ford is supplying a large collection of vehicles to be featured in major TV shows...

Alan Mulally, who recently replaced Tom Ford as the CEO of the Ford Motor Company [NYSE:F], admitted to journalists that he drives a Lexus LS 430 because, "it's the finest car in the world." After studying all the cars on the market, he said he found the Lexus was the best. This frank admission...

Henry Ford descendent, Bill Ford, has stepped down on Tuesday from his position as CEO and is replaced by 61-year-old Alan Mulally. The former executive VP of Boeing is intent on turning around Ford’s misfortunes, which included a $1.4 billion dollar loss for the first half of the year. Bill...

Cash strapped Ford has confirmed that it will sell the star of the Premier Automotive Group, Aston Martin. For the first time since the 1960s, Aston Martin managed to turn a profit and is now tipped to release several new models, which will take its sales up another notch. CEO Ulrich Bez is so...

Within the confines of GM’s Warren Technical Center lays a building the size of a football field, where cars from the competition are taken in and torn apart in quest to find out what makes them tick. In a process known as a competitive teardown, GM engineers analyze every part that goes into...

Detroit Free Press columnist, Mark Phelan, has put together a list of 7 vehicles that have serious influence on the survival prospects of America’s big three automakers. The vehicles, all scheduled for release over the next 12 months, represent the bulk of sales for their respective...

Now that the Ford Motor Company [NYSE:F] has confirmed it’s dropping Aston Martin from its Premier Automotive Group, the only question is who else is at the table? It appears the exclusive brand may be sold to one of two competing luxury goods consortiums, which include the companies behind...

China has passed Japan to become the world’s second largest automotive market with combined sales including imports totalling 3.6 million vehicles for the first half of 2006. This increase in growth is in stark contrast to Japan’s declining car market, where sales fell to just over 3...

Honda has done very well with the CRV. So well, in fact, that Chinese companies are now copying the car almost verbatim and selling the fakes at less than half the price of the original. Despite appearances, the models are actually inferior to the original. The Huabei RV, for example, only has a...

One of the major problems with large public companies is the amount of time and money that’s wasted on just dealing with bureaucratic paperwork. Now that Ford’s share price is residing at such low levels, the company is seriously considering buying back its own shares. One of the most...

One of the world’s most elegant brands may be bought out by a company that specialises in building agricultural and earth moving equipment. The chairman of JCB, Sir Anthony Bamford, has expressed his interest in buying the ailing cat from Ford if they agree to separate it from Land Rover. In...

The National Highway Traffic Safety Administration has passed a new rule that requires auto manufacturers to inform customers whether their car has an Event Data Recorder installed. The EDR, which works similarly to Black Box flight recorders found in airlines, will record details about vehicle...

There has been a changing of the guard over at Land Rover for its design team. After 23 years of service, Design Director, Geoff Upex (right) is to retire. His replacement will be Gerry McGovern (left) who is presently the Advanced Design Director for Land Rover. Upex will still oversee much of the...

First MG was bought out by Chinese automaker Nanjing and now the Rover brand has been bought by another Chinese company, Shanghai Automotive Industry Corporate (SAIC). Since the collapse of Rover in 2005, asset value has dropped from £200 million to a bargain price of £67 million. It's rumoured...

In a recent interview, head of MG Cars’ North American and European division, Duke T. Hale, has confirmed that the reformed MG group now owned by China’s Nanjing Automotive Corporation, is returning to the US with bold plans to manufacture cars in Oklahoma. Major details such as the...

GM may have found a saviour in the form of GM-brand licensed products. Last year in the US alone, sales of GM branded merchandise almost equalled the ailing car maker’s $3.2 billion second quarter loss. Unfortunately for the General, licensees and retailers take most of the profits from those...

Cars may one day come with active safety features that can monitor blood alcohol levels via infrared or wheel mounted sensors that can detect if a car is weaving too much, in an attempt to prevent drink driving. A team of researchers, police and insurance representatives from across the globe met...