Wednesday, January 23, 2019

Today's NADA End-of-Day Auto News Recap - January 23, 2019; Ford, Porsche, Toyota, BMW/Volkswagen

NADA End-of-Day Automotive News Recap Ford Motor Co. is trying to drive past a difficult 2018 with a slate of new vehicles and an aggressive overhaul of its operations, but with the problems that plagued the iconic carmaker last year poised to remain in 2019, analysts are skeptical of the company's promise to improve e ... Continue reading

Ford Posts Quarterly (4th - 2018) Loss Of $116 Million

Automotive News reported that Ford Motor Co. lost $116 million in the fourth quarter, its first loss in two years, and its profit for all of 2018 fell by more than half as lower margins in North America combined with losses everywhere else in the world. ... Continue reading

Letter from Europe- 2018 That Was The Year That Was

Who would have thought that a year full of Ferrari and Maserati supercars would end on a test drive of a GMC Canyon Denali?! Well folks, it did. Must admit the genteel folks in leafy Belvedere are not used to seeing trucks unless Xfinity turn up to fix broken down TV connections which do with monotonous regularity but ... Continue reading

Hyundai Motor Group Executive Vice Chairman Calls for Int'l Cooperation in First Address as Hydrogen Council Co-Chair

EVC Euisun Chung and Chairman Benoit Potier of Air Liquide emphasize need for multilateral cooperation in realizing benefits of global hydrogen deployment Hyundai Motor Group hopes to contribute to expediting realization of a zero-emission hydrogen energy society, through collaborative leadership of the Hydrogen Counci ... Continue reading

24 HOURS OF DAYTONA – FOUR FERRARI CREWS IN PURSUIT OF A DREAM

Daytona, 23 January 2019 – The 2019 IMSA championship season kicks off this weekend with a motorsport classic, the Daytona 24 Hours. Four Ferraris are set to start, one in the GTLM class, three in the GTD class. ... Continue reading

The Detroit News’ annual Detroit Auto Show Readers’ Choice Awards

The Detroit News’ annual Readers’ Choice Awards were announced today at the Detroit Economic Club luncheon at NAIAS, with the 2020 Lincoln Aviator taking Best-in-Show honors. The Lincoln Navigator, Ford Mustang GT 500, Infiniti QX Inspiration, Jeep Gladiator, Hyundai Sonata, Chevy Bolt ev, Cadillac CT6, Ram 1500 an ... Continue reading

Toyota and Panasonic Agree to Establish Joint Venture Related to Automotive Prismatic Batteries

Toyota Motor Corporation and Panasonic Corporation concluded today a business-integration contract and a joint-venture contract toward the establishment of a new company (joint venture) related to the automotive prismatic battery business. The details of the agreements are below. ... Continue reading

BMW Investment in Urgent.ly. To Compete With AAA

January 23, 2019 (Mountain View, CA) – BMW i Ventures announced today an investment in Urgent.ly, the leading global mobility and roadside assistance platform. Urgent.ly provides the quickest, safest and most innovative roadside assistance service, products and technology by combining location-based services, real-ti ... Continue reading

2020 Toyota Land Cruiser Heritage Edition Celebrates 60+ Years as SUV Icon

Six decades and millions of adventurous miles in the making, the 2020 Toyota Land Cruiser Heritage Edition melds exclusive design with added function for its debut just ahead of the Chicago Auto Show, where it will be shown to the public for the first time. The Land Cruiser Heritage Edition honors this legendary vehicl ... Continue reading

2018 BMW 530e iPerformance Plug-In Hybrid Review By Senior Editor John Heilig

Under gas power, this is pure BMW. Performance is quiet, almost leading you to believe that it’s on electric drive all the time. Almost no road noise intrudes into the cabin. This is what you expect from a 5 ... Continue reading

GMC to Offer 10-Speed Fully Automatic Allison Branded Transmissions in 2020 Sierra Heavy Duties

Allison Transmission Holdings Inc. , the largest global provider of commercial duty fully automatic transmissions, announced today, along with GMC, the availability of a 10-speed, fully automatic transmission in the new Sierra heavy-duty truck. Equipped with the Allison branded 10-speed transmission, the 2020 Sierra wi ... Continue reading