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Chrysler rips "for sale" sign off Viper buisness
Fri, 10 Jul 2009The Dodge Viper has received a reprieve. After nearly a year of trying to sell the iconic sports car business, Chrysler said Friday it will continue to build the Viper SRT10. Production was expected to end at the Connor Avenue Assembly Plant in Detroit, known as the “Snake Pit,” in December.
News watch March 2010: today's auto industry news
Tue, 30 Mar 2010Tuesday 30 March 2010• Mercedes has dismissed claims that its Maybach brand is for sale, after reports in the Chinese media claimed Chinese car company BYD was considering a bid for the upmarket offshoot. BYD has also denied the claims (Reuters)• Toyota president Akio Toyoda has promised his company will listen more carefully to customers and react faster in a bid to regain credibility after the Japanese car manufacturer was forced to recall millions of vehilces over safety fears (BBC)• The Obama administration is expected to unveil its finalised fuel economy and tailpipe emissions through to 2016 this week, to coincide with the opening of the 2010 New York auto show (Detroit News) Monday 29 March 2010• Toyota has agreed to licence the hybrid technology in the Prius to Mazda, which will combine the electric system with its next-gen Sky engines. It’s part of Mazda’s plans to increase the average fuel economy of its vehicles by 30% by 2015 (compared to 2008 levels) and it hopes to have its first hybrid vehicle on sale in Japan by 2013 (Mazda)• Ford and Chinese car company Geely have signed a stock purchase agreement that will allow the latter to acquire 100% of Volvo (along with related assets including intellectual property rights).
GM weighs moving next GMC Sierra upscale
Mon, 23 Jan 2012General Motors will do more to differentiate the GMC Sierra from the Chevrolet Silverado when redesigned versions of the pickups go on sale in the first half of 2013. Sierra models may get a longer list of standard equipment and a higher sticker price than comparable Silverados, Mark Reuss, GM president of North America, said in an interview at the Detroit auto show. A similar strategy has proved successful in differentiating GMC's Terrain and Yukon models from Chevrolet's Equinox, Tahoe and Suburban.