Month: June 2013
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Stanford innovation center studies the auto’s past, plans for its future
Drawing on Stanford’s resources, the Automotive Innovation Facility in Palo Alto, Calif., has become an academic hothouse for all things automotive.
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GM still has much to prove to investors
Asked last month whether General Motors cleared a psychological hurdle recently when its stock rose above the $33 price of its initial public offering, GM North America President Mark Reuss laughed and said, “Yes.”
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TSX could be squeezed out of Acura lineup
The future of Acura’s TSX appears uncertain as Honda Motor prepares to abandon the platform used for the compact sedan.
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For Chrysler stores, blue sky is back
After enduring Chrysler’s bankruptcy, the uncertainty of its acquisition by Fiat and the Great Recession, Chrysler Group dealers are finally receiving healthy offers to buy their stores.
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Infiniti boss puts EV on hold, reduces sales expectations
Infiniti’s new boss is calling for new priorities. Less than a year into his job as president of Nissan Motor Co.’s premium marque, Johan de Nysschen is tempering expectations that Infiniti will nearly triple sales in four years.
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Dealers putting more dollars into dirt
Since 2008, the six publicly traded dealership groups combined have increased their ownership of land and buildings by nearly 25 percent, according to a Merrill Lynch report.
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BMW Gran Lusso Coupe concept hints at revival of luxury 8 series
BMW has unveiled a concept for a large luxury coupe that hints of the possible revival of the departed 8 series and a rival for Mercedes-Benz’s CL.
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2 brands declare crowd-funding a success
Two auto brands that are targeting young customers through pioneering “crowd-funding” initiatives are seeing vastly different results in terms of sales. Yet both are claiming success.
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Early adopters have their EVs, but the crucial second-tier buyers haven’t stepped up. And the price war has begun.
Disappointing sales of electric vehicles have plunged the segment into an old-fashioned price war — one that some EV proponents fear could erode acceptance of the technology in the long term.
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For China buyers, the back seat is a front-burner issue
To learn just how different the Chinese Ford Kuga compact crossover is from its North American sibling, the Ford Escape, step into the back seat. Most American car owners rarely ride there.