Category: Motor Age Articles

Falling car sales are likely to stabilize at their current level of about 30 percent of the overall market, the Toyota executive said.

Vehicle prices and monthly payments are hitting all-time highs, making the NADA chief wonder whether it’s time for a new Henry Ford.

Palmer said Aston Martin Lagonda has defied the notion that it’s impossible to become profitable without being a division of a large automaker.

Hyundai isn’t striking a new sponsorship deal with the NFL when its four-year partnership ends after this season, clearing the way for another automaker to take the mantle.

Canada’s largest supplier says if the numbers work out, it would consider a North American plant for contract manufacturing.

Capitalizing on several acquisitions, Lear last week founded a division to invest in startups and grow startup culture at the 112-year old company with John Absmeier at the helm.

Magna International, through a subsidiary, will assemble the 2020 Toyota GR Supra at a factory in Europe. Toyota is the supplier’s fourth complete-vehicle-assembly customer.

Mercedes-Benz’s newest entry-level model will launch in the U.S. with a sticker price ready to move sheet metal. Mercedes expects to release demo units of the A class to U.S. dealers this month, with sales beginning in February.

Infiniti’s Karim Habib, a Lebanese-born Canadian, is tasked with stewarding the design direction of a brand seeking to embody the Japanese expression of luxury.

With more trucks from Mexico, Jim Lentz, CEO of Toyota’s North American business, anticipates a minimal sales slide in 2019.