After another year, and a bit of a delay, we once again bring you a complete list of the best selling vehicles in the world. 2017 was another great year for the overall industry and for many of your favorite models. Once again, like clockwork, the global, eleventh-generation of the Toyota Corolla was the best selling vehicle. This is a… Read More...
BMW AG has announced plans to construct a new assembly plant in Hungary. The plant is expected to churn out 150,000 BMW's per year when put in service and will carry a price tag of 1 billion euros. The new plant will be located near the city of Debrecen and expand the company's manufacturing capacity in Europe, where 45 percent of… Read More...
Fiat Chrysler Automobiles has confirmed former CEO Sergio Marchionne has died at age 66. The automotive industry icon recently took a turn for the worse after a surgery to remove an invasive cancer on his shoulder. According to media reports, Marchionne had the shoulder surgery in Switzerland about three weeks ago. In recent days the executive's condition worsened due to… Read More...
Fiat Chrysler Automobiles has announced Mike Manley has the company's new Chief Executive Officer. The announcement comes as former CEO Sergio Marchionne has exited the company due to health concerns. Manley has served as the head of the Jeep brand since 2009 and the Ram brand since 2015. During his tenure both brands have become highly profitable for FCA, led… Read More...
Fiat Chrysler Automobiles has confirmed its CEO Sergio Marchionne will exit the company effective immediately. The chief executive recently underwent surgery for a health concern which caused "massive" complications. FCA has not disclosed details on the matter other than the confirm that Marchionne's successor will be a permanent replacement. The FCA board will meet today to select his successor, which… Read More...
Nissan Motor Company has disclosed it had improperly measured exhaust emissions and fuel economy on 19 of its models in Japan. The admission is the second case of the Japanese automaker having compliance issues in its home market. The company says it has found its emissions and fuel economy testing procedures to be inadequate versus industry standards in Japan. In… Read More...
Volkswagen plans to offer a car-sharing service using its upcoming electric vehicles. The service is expected to launch next year in certain German cities and ultimately expand to other countries. Automotive News reports the new service will spawn out of VW's Moia division, which the company launched in 2016 as its new mobility division. Moia has been tasked with developing… Read More...
Most automakers are phasing out their diesel engines following Volkswagen's 2015 diesel emissions scandal. However, General Motors has continued to rollout more diesel engines and is showing no signs of giving up on them anytime soon. In fact, just since the Volkswagen debacle GM has rolled out a new diesel engine for its Chevrolet Cruze, Equinox and GMC Terrain models.… Read More...
Cadillac is on the cusp of another major product assault, meaning General Motors is having to invest in its manufacturing footprint to build them. The company has announced it will invest $175 million into its Lansing Grand River assembly plant in Michigan. Cadillac says it will launch a new vehicle every six months between now and 2021. Part of this… Read More...
Volvo will formally expand its manufacturing footprint with the opening of the company's new U.S. assembly plant. The plant represents a $1.1 billion investment on Volvo's part. The new plant is located near Charleston, South Carolina and will commence operations in autumn of this year by beginning production of the S60 sedan. S60's that roll off the U.S. assembly line… Read More...
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