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Update: Former Caddy Boss LaNeve Links up with Ford

Update: Former Caddy Boss LaNeve Links up with Ford

TheDetroitBureau.com has updated its original report: Mark LaNeve, the ever-quotable former Cadillac boss and marketing chief at General Motors is back in Motown, but this time he’s hanging his hat at Team Detroit, the ad agency for GM’s cross-town rival Ford Motor...
Chrysler Hot, Fiat Not

Chrysler Hot, Fiat Not

A day after the U.S. side of the trans-Atlantic alliance reported in, Italy’s Fiat SpA delivered some unexpectedly good news in the form of a 358 million Euro, or $440 million profit for the second quarter of 2012. But the numbers wouldn’t have been nearly as good if...
TRW Admits Guilt in Price Fixing

TRW Admits Guilt in Price Fixing

TRW Automotive Holdings Corp. said its German subsidiary has agreed to plead guilty in U.S. District Court in Detroit to price fixing charges filed by the U.S. Department of Justice and pay a $5.1 million fine. TRW Deutschland Holding GmbH of Koblenz, Germany has...
First Look: 2013 Lexus LS 460

First Look: 2013 Lexus LS 460

Few cars did more to revolutionize the market than the original 1990 Lexus LS 400, a flagship for Toyota’s new luxury marque and proof positive the Japanese really could go toe-to-toe with the best of the German competition. In the nearly quarter-century since the LS...
Chrysler More than Doubles Q2 Earnings

Chrysler More than Doubles Q2 Earnings

Chrysler Group LLC reported a 141% improvement in its adjusted net income during the second quarter and a 23% increase in revenue over last year’s levels. The company said preliminary second-quarter financial results, including net income of $436 million, show...
Owners Waiting Longer than Ever to Trade In

Owners Waiting Longer than Ever to Trade In

American motorists are waiting longer than ever to trade in their cars, trucks and crossovers – with 10 years and 150,000 miles becoming the new norm, rather than the exception, according to a pair of new reports. In the golden era of planned obsolescence, it became...
Designer Dave Lyon Also Out at GM

Designer Dave Lyon Also Out at GM

The revolving door at General Motors continues to spin ever faster.  And designer Dave Lyon is the latest to fly out onto the street. His unexpected departure was confirmed just as GM announced the “voluntary” termination of global marketing chief Joel Ewanick.  But...