Category: CARS VIDEOS

9 Dec by admin

Sergio Marchionne’s influence lingers for FCA CEO Mike Manley

DETROIT — Fiat Chrysler Automobiles CEO Mike Manley clearly learned many lessons from his predecessor — and even some the late Sergio Marchionne never intended to teach. In moving to open a second assembly plant in Detroit and naming a COO for North America last week, Manley proved what a good student he was during […]
9 Dec by admin

Ghosn planned to remove Saikawa as Nissan CEO before arrest in Japan, sources say

Ghosn wanted to overhaul Nissan’s management partly because he was unhappy with Nissan’s financial performance under CEO Saikawa, sources said. TOKYO – Carlos Ghosn was planning to remove Nissan CEO Hiroto Saikawa before Ghosn was arrested in Japan last month for alleged financial misconduct, people familiar with the matter said. Ghosn, who was then Nissan […]
9 Dec by admin

VW denies allegations chairman knew early about emissions cheating

VW denied claims that former finance chief Hans Dieter Poetsch, now the automaker’s chairman, failed to inform investors about the potential financial implications of the emissions test cheating in a timely manner. FRANKFURT — Volkswagen denied allegations that Chairman Hans Dieter Poetsch knew about the automaker’s emissions test cheating almost three months before U.S. authorities made […]
9 Dec by admin

Acura turns attention to cars, seeking repeat of RDX success

LOS ANGELES — Acura’s 2019 RDX crossover, which it calls the embodiment of its resurrected Precision Crafted Performance brand promise, has gotten off to a torrid start, attracting younger buyers with its A-Spec trim, conquesting more European luxury makes and bringing new customers to Acura dealerships. With the redesign launched in June, the RDX recorded […]
9 Dec by admin

Aerotropolis envisions auto hub by Detroit airports

Brose North America is among auto companies that have invested in the aerotropolis. Putting an industrial automotive operation in the Detroit area has obvious advantages. General Motors, Ford and FCA US provide a critical mass of automaker customers, while major suppliers and tech centers carpet the landscape. But finding a site poses a problem. Available […]
9 Dec by admin

Tesla’s plan to make bond payment in March emerges

SAN FRANCISCO/NEW YORK — Tesla Inc. has notified holders of bonds due in March that if they elect to convert the debt, they’ll be paid with a 50-50 mix of cash and stock, according to a copy of the settlement notice seen by Bloomberg News. The notice, dated Nov. 30, relates to the $920 million […]
9 Dec by admin

Tower International to sell European unit in $291 million deal

Workers conduct a quality inspection of front door assemblies at Tower’s plant in Ghent, Belgium. Photo credit: TOWER UPDATED: 12/7/18 2:28 pm ET – adds details DETROIT — Longtime metal components supplier Tower International said it agreed to sell off its European division to a privately owned French automotive supplier in a deal valued at […]
8 Dec by admin

Nissan takes orders for $1.1 million GT-R by Italdesign

The car’s exterior will be virtually unchanged from the coupe that was shown at Goodwood earlier this year Photo credit: NISSAN Jay Ramey is an associate editor with Autoweek, an affiliate of Automotive News. Automakers are frequently criticized for not putting concept cars and various one-offs created for concours events into production. But every once […]
8 Dec by admin

Some 2019 GM pickups will have lower mpg than outgoing models

The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they’re replacing. Ratings on fueleconomy.gov have 2019 models equipped with 4.3-liter V-6 and 5.3-liter V-8 engines getting up to 3 mpg combined less than comparable 2018 pickups. The engines are mated to a six-speed automatic transmission. It’s […]
8 Dec by admin

Mazda goes for emotional appeal for sedan lovers

Mazda says the Mazda3, at the Los Angeles Auto Show, right, represents an evolution of its Kodo design philosophy, expressing elegance through clean designs. Mazda uses terms such as “Japanese mastery” to describe premium touches to the interior, below. LOS ANGELES — Mazda doesn’t see the slowing sedan market as an excuse to become complacent […]