Audi got some laughs on Sunday when, during the Super Bowl blackout, the luxury brand's official Twitter account joked that it would bring some of its signature LED headlights to help illuminate the darkened Mercedes Benz-sponsored Superdome.
Helped by strong sales in the United States, its biggest market, and a weaker yen, Toyota reported a 23.5 percent year-on-year rise in quarterly net profit and raised its annual profit forecast by more than 10 percent.
GM has idled the main plant where it builds the Chevrolet Malibu and Buick LaCrosse for two weeks, the second time in two months that GM has curbed production of the sedans. GM will suspend work at its Fairfax plant in Kansas City, Kan., this week and next, resuming the week of Feb.
Chrysler was once again one of the big winners in the Super Bowl ad battle, scoring with a military-themed spot narrated by Oprah Winfrey and another highlighting farmers that underscored the automaker's attempts to rehabilitate its image by playing to viewers' patriotism.
Sirius XM Radio, helped by robust auto sales, posted higher fourth-quarter profits and revenue on Tuesday and its interim chief executive told Wall Street not to expect big changes at the satellite radio provider under his leadership.
The Chinese auto industry is overdue for consolidation and General Motors, with local partner SAIC, is interested in acquiring ailing automakers, people familiar with the companies’ thinking told Bloomberg.
Chevrolet will unveil the production version of the SS performance sedan a week before the Daytona 500, a General Motors executive said today. Spectators can see the SS before the Sprint Unlimited race on Feb. 16 in Daytona International Speedway’s fan zone.
More than 900 dealers, about a third of the Ford-brand dealer body, will be certified to sell Ford-brand plug-in vehicles by spring, the company said today. That number of EV Certified Dealers has grown from about 200 dealers in November and is ahead of where the company projected it to be.
NSK Steering Systems supplies its fuel-saving technology to the new Volkswagen Up. NSK developed the compact electric power assisted steering (EPAS) unit and fitted it to the Up's steering column to save space.
GM is hoping its production alliance with Russia's GAZ Group will help Chevrolet remain the country's top-selling foreign brand. GAZ started making the Aveo sedan today and will begin assembling the hatchback variant in late March with a goal of producing 30,000 units of the subcompacts this year.