Jan 28 2015 10:35 AM | Industry NewsFCA CEO Sergio Marchionne is known to speak his mind and tell it like it is. During the Automotive News World Congress, Marchionne questioned the U.S. Government's mandate of 54.5 MPG by 2025.
"There is not a single carmaker that cannot make the 54 number. The question is, at what a price?" said Marchionne.
A possible reason for the CEO of FCA to bring this up is gas prices around the nation are hovering around $2.00. Also, sales of hybrids and electric vehicles have been declining, partly due to gas prices. Now many executives say that low gas prices will pass and that they will continue in investing in newer technologies.
Now Marchionne does agree automakers can meet that deadline, but questions the ti...
Jan 08 2015 10:35 AM | Industry NewsAriel is a very crazy company. Founded in 1902 as motorcycle manufacturer in Great Britain, the name was resurrected some years back to produce some of maddest street-legal track cars called the Atom. Think motorized scaffolding and you come close to what Ariel builds. The past couple of years have seen the company expand to building motorcycles. Now the company is now taking on the off-road buggy with the Nomad.
The Nomad follows the same minimalistic approach as the Atom with a visible tubular steel frame - that is laser-cut, CNC-machined, bronze-welded, and phosphate and powder-coated - , an engine mounted in the back, and a bare bones interior. Where the Nomad differs from the Atom is a fully adjustable wishbone suspension...
Dec 30 2014 10:15 AM | Industry NewsThis year will likely go down as the one with the most recalls for automobiles. From ignition switches that can easily turn to the accessory or off position, to peeling safety labels, automakers in the U.S. have recalled almost 60 million vehicles. With the high number of vehicles being recalled, people are calling for the recall system to be fixed. But no one can agree on how to fix it.
"A recall's a recall, and that's a problem. There needs to be a sophistication of how serious is the recall? And that has to be really clear to a customer. I think the industry is beginning to do that," said Mark Reuss, GM's head of global product development at the LA Auto Show last month.
The issue at hand is defining a severity l...
Have you gone out and shopped for new vehicle recently? Are you overwhelmed by the variety of vehicles on offer? For example, if you decide to get a Porsche 911, you have the choice of 22 models. No, that isn't a misprint. Meanwhile other automakers ha...
Hyundai and Kia have been hit with the largest penalty in the history of the federal Clean Air Act. The two automakers agreed to a total of $350 million in penalties for overstating the fuel economy ratings for a number of vehicles from the 2011 to 201...
2014 will likely go down as the year of the recall in the automotive industry. General Motors is the champion with the most recalls so far with 70 recalls as of today, but other OEMs have been making their mark with their own recalls. CNNMoney crunche...
With Ford changing over to the next-generation F-150, General Motors and Chrysler see a rare opportunity to grab a bigger slice of the truck marketplace. "Without question you'll see GM and Ram will continue to play the incentive game to continue to b...
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