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Is This Concept Toyota’s Answer to the Ford Bronco?

Is This Concept Toyota’s Answer to the Ford Bronco?

Rumors have been buzzing since last autumn, when Toyota registered the new trademark, FT-4X. What might that be used for? The initial inklings suggested it would likely show up on a light truck, perhaps the replacement for the old FJ Cruiser, dropped after the 2014...
Mercedes Ready to Unleash the New S-Class

Mercedes Ready to Unleash the New S-Class

Mercedes-Benz plans to present an updated version of the S-Class sedan next month during auto shows in New York and Shanghai, Daimler AG CEO Dieter Zetsche told the company’s shareholders in Berlin. “Technological paradigm shifts often result in the former top dog of...
Zetsche: Daimler Preparing to Meet Different Challenges

Zetsche: Daimler Preparing to Meet Different Challenges

Daimler AG continues to use its financial strength to push innovation as it faces the multifaceted challenges that often seem to be pulling the auto industry in opposite directions, the company’s top executive told the company’s shareholders at the automaker’s annual...
GM Squashes Proposal to Split Stock into Two Classes

GM Squashes Proposal to Split Stock into Two Classes

General Motors today rejected an investor-proposed plan that called for the automaker to split its common stock into two classes, suggesting the idea could harm the company. Billionaire investor David Einhorn, who runs Greenlight Capital, suggested that the company...
Chinese Investment Firm Takes 5% Stake in Tesla

Chinese Investment Firm Takes 5% Stake in Tesla

One of China’s largest technology investment firms has taken a 5% stake in the U.S. battery-electric vehicle manufacturer Tesla. In a public filing, Tencent Holdings said it has purchased nearly 8.2 million shares of Tesla stock. The automaker’s shares have been on a...
Ford Reveals $1.2B Investment in 3 Michigan Plants

Ford Reveals $1.2B Investment in 3 Michigan Plants

Ford Motor Co. will invest $1.2 billion in three Michigan facilities, the automaker announced Tuesday, a move signaled overnight through a tweet from Pres. Donald Trump. The three projects the package covers will help save and, in some cases add, thousands of jobs in...
Trump Tweets About $1B Ford Plant Plan

Trump Tweets About $1B Ford Plant Plan

Ford Motor Co. is expected to announce today that it will spend over $1 billion to expand and upgrade three plants in Michigan, an expansive program highlighted overnight in a tweet from President Donald Trump and detailed in a story in a local Detroit paper....
Leading GM Designer Moves to Under Armour

Leading GM Designer Moves to Under Armour

One of General Motors’ top designers has quit the automaker for a new job with a maker of stylish athletic clothing. Clay Dean, who held several key positions during his long career with GM, where he is credited with breathing new life in the Cadillac brand when...
Nissan Hits the Circuit with New GT-R Track Edition

Nissan Hits the Circuit with New GT-R Track Edition

It’s getting more and more difficult to take today’s extreme machines to their limits – which partially explains the surge in members-only tracks, like New York’s Monticello Motor Club and Detroit’s M1 Concours Race Track. In turn, that may explain the growing...
CARB Clinging to Clean Car Standards

CARB Clinging to Clean Car Standards

Officials from the California Air Resources Board stuck to their guns and voted unanimously to reaffirm the state’s clean car standards this afternoon at their hearing in Southern California where the threat of smog has long been a serious health concern. The...