Supplier Continental AG says it could reap as much as 1 billion euros ($1.3 billion) in annual revenues by 2017 from driver assistance systems, which give onboard computers varying degrees of control over a vehicle's brakes, accelerator and steering.
Bentley Motors now has the car for one percenters seeking that elusive combination of opulent, top-down driving and NASCAR speed: the Continental GT Speed Convertible. Volkswagen AG's ultraluxury brand revealed its new flagship performance drop-top at the Detroit auto show today.
Chrysler's Jeep brand is working to find the right solution to produce vehicles in China and in Russia, but has nothing specific to announce at the moment, Chrysler Fiat CEO Sergio Marchionne told reporters here at the Detroit auto show Monday.
American Honda is forecasting a record sales year in the United States for its combined Honda and Acura divisions, even as projections for the overall market waver under economic uncertainty. Honda is aiming at its 2007 sales record of 1.
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Chrysler Group is pressuring suppliers to the Jeep Wrangler and Grand Cherokee to increase capacity after bottlenecks cost the company 60,000 to 70,000 lost sales globally in 2012, Chrysler-Fiat CEO Sergio Marchionne said at the show on Monday.
Ford CEO Alan Mulally was all smiles Monday afternoon when he took a few minutes to check out the just-unveiled 2014 Chevy Corvette Stingray. GM unwrapped the seventh-generation sports car at a party Sunday evening and repeated the introduction this morning at a packed news conference.
Every auto show is a little different. Anywhere on the planet, show goers ogle the cars, with subtle differences in what turns on the locals. But to me, Detroit is unique. It's not the venue or elaborate displays. It happens during the public days.
Fiat plans to narrow losses in Europe this year as sales may recover in the second half. A revival in demand in the second six months of 2013 is "possible,"CEO Marchionne said, while warning that pricing is still a problem.
Europe's shrinking car market has changed automakers' marketing messages. Since early 2012, carmakers have shifted from generic, brand-focused campaigns to ads that show how specific features benefit drivers -- and their wallets.
Ford's top executives predicted steady, consistent growth in the United States this year and remained confident in the company's earnings prospects despite increasingly tough competition in the region.
Toyota offered a vision of its next-generation Corolla sedan that arrives in late 2013 with the unveiling of the Furia concept at the auto show here. The Furia's wheelbase is four inches longer than that of the outgoing Corolla, and the Furia is two inches longer overall.
BMW of North America lowered the entry-level price of the 3-series sedan by $4,300 with the introduction of the 320i on Monday. The four-cylinder 320i puts out 180 hp, 60 hp fewer than the 328i -- currently the lowest-priced 3 series offered in the United States. Both cars have a 2.
Nissan will cut the base price of the slow-selling Leaf electric car by 18 percent, or $6,400, the automaker said today. The company will sell a 2013 base Leaf S for $28,800, down from $35,200 on the 2012 base model.
Hyundai showed the future direction of its rear-drive premium car designs with its HCD-14 Genesis concept today at the Detroit auto show. Hyundai says its HCD-14 Genesis concept heralds the next phase of design for the brand's premium rear-drive vehicles.
General Motors will add 400 dealers in China this year as it looks to keep growing faster than China's overall automotive industry which is expected to grow by 8 percent this year, the automaker's top executive in that country said today.
Honda says it will be the first automaker to sell a subcompact crossover in the United States when its Fit-based vehicle arrives early next year. A concept version of the vehicle was unveiled at the auto show here.
Most carmakers unveiling new models at the Detroit auto show use up their allotted 25 minutes of time, and then some. Chevrolet, having already held a huge off-site reveal for the 2014 Corvette Stingray the previous night, apparently decided it had little else to say Monday.
Infiniti is upping the ante on its biggest volume model with a redesign that makes it a showcase of new technologies. Nissan's luxury arm introduced the new 2014 Q50 -- the new name for the brand's bread-and-butter entry sports sedan, the G37 -- at the Detroit auto show today.
Chrysler Group dropped a surprise concept on its stand this morning, a Chrysler 300S Turbine edition that pays homage to the 50th anniversary of the automaker's famous 1963 turbine-powered concept car.
Chrysler Group used to always have the most over-the-top, can't-miss reveals at the Detroit auto show, whether it be crashing a Jeep Wrangler through a plate-glass window, driving cattle through the middle of downtown, or making a faux blizzard.