Autos

Car sales make a strong comeback in 2013 – CNNMoney

Chrysler reported its best December sales in six years to cap a strong comeback year for the industry. The auto industry topped 15 million vehicles in a year for the first time since 2007, and even a disappointing December couldn’t tarnish the improvement. General Motors (GM, Fortune 500) and Toyota Motor (TM) reported December sales that were down from a year earlier and missed forecasts. But GM’s full-year sales were…

Posted: Saturday, January 04, 2014

Hey, Is That a BMW Racing Down the Bobsled Course? – New York Times

Now BMW of North America, which has built six two-person bobsleds for the United States men’s and women’s teams competing in Russia this year, is hoping to help change that. Since 2011, the automaker has been working with the United States Bobsled and Skeleton Federation to develop a prototype. The effort has been led by Michael Scully, a creative director at DesignworksUSA, a consultancy owned by the BMW Group that…

Posted: Friday, January 03, 2014

The Fiat-Chrysler Combination Still Faces Hurdles – Wall Street Journal

Posted: Thursday, January 02, 2014

A new start for the new year – The Economist (blog)

In an unexpected deal on New Year’s Day, Italy’s Fiat and America’s United Auto Workers union (UAW) announced an agreement that will give the Italian carmaker complete control of its American ally, Chrysler. The settlement is a personal victory for Sergio Marchionne, the chief executive of both Fiat and Chrysler, who had hoped to complete the merger of the two companies that was set in motion when Fiat helped pull…

Posted: Thursday, January 02, 2014

Study: All cars will be self-driving – USA TODAY

California Gov. Edmund G Brown Jr., state Senator Alex Padilla stand by a driverless car they arrived in at Google headquarters in Mountain View, Calif. in 2012.(Photo: Eric Risberg AP) Story Highlights Sales of self-driving cars will take off in the next decade, a study says It’s not a question of whether the cars will be made. They will — and people will buy them Most major automakers already are…

Posted: Thursday, January 02, 2014

Fiat Gains Full Control of Chrysler in $4.35 Billion Deal – Bloomberg

Related Did Marchionne Get What He Wanted With Fiat Deal? Fiat’s Hotter, Flirtier 500 Abarth Arrives in U.S. Here’s Why Fiat Wins Big in $4.35B Chrysler Deal Fiat SpA (F) secured full ownership of Chrysler Group LLC in a $4.35 billion agreement that will conserve the Italian company’s cash while creating a global carmaker with better scale to take on General Motors Co. (GM) Fiat rose the most in almost…

Posted: Thursday, January 02, 2014

Fiat shares jump on Chrysler merger deal – Reuters

MILAN (Reuters) – Fiat’s $4.35 billion deal to gain full control of Chrysler Group LLC sent its shares to a near 2-1/2-year high on Thursday, despite doubts over whether the Italian carmaker could use the merger to cut losses in Europe. Investors welcomed the deal struck by Chief Executive Sergio Marchionne, under which Fiat will buy the 41.46 percent of the No. 3 U.S. automaker it does not already own,…

Posted: Thursday, January 02, 2014

Carmakers add luxury features to low-priced cars in a bid to push sales – Economic Times

MUMBAI: The Indian customer today is spoilt for choice as carmakers keep raising the bar on convenience, luxury and safety as they seek to revive the flagging market. Features once found only in the luxury segment are making their way into the affordable end of the market without much of an increase in prices. Over the last three-to-five years, cars have become costlier by 5-10 per cent but the level…

Posted: Thursday, January 02, 2014

Fiat strikes $4.35 billion deal to buy rest of Chrysler – Reuters

MILAN (Reuters) – Fiat shares jumped on Thursday after it struck a $4.35 billion deal to gain full control of Chrysler Group LLC, but doubts remained over whether the Italian carmaker can use the merger to cut losses in Europe. Investors welcomed the deal struck by Chief Executive Sergio Marchionne under which Fiat will buy the 41.46 percent of the No. 3 U.S. automaker it does not already own, without…

Posted: Thursday, January 02, 2014

Fiat, in Deal With Union, Will Buy Rest of Chrysler – New York Times

Fiat said on Wednesday that it had reached an agreement to take full ownership of Chrysler in a $4.35 billion deal with the United Automobile Workers retiree health care fund. Fiat and the U.A.W. trust have shared ownership since Chrysler emerged from bankruptcy in 2009. The deal to buy out the trust’s 41 percent stake will make Fiat the world’s seventh-largest automaker. “The unified ownership structure will now allow us…

Posted: Thursday, January 02, 2014

Fiat buys rest of Chrysler from UAW; no IPO – USA TODAY

Dodge Dart compact sedan is based on a Fiat Alfa-Romeo model. It has helped Dodge parent Chrysler Group attract more buyers.(Photo: Dodge) Story Highlights Fiat-UAW settle price on union’s Chrysler stake, avoiding IPO Fiat North America is paying the union’s retirement trust $4.35 billion for the remaining 41.46% of Chrysler Fiat/Chrysler CEO Marchionne now can merge Chrysler, Fiat Fiat, owner of Chrysler Group, has agreed to buy the United Auto…

Posted: Thursday, January 02, 2014

Feds May Require Cars to Talk to Each Other to Avoid Crashes – ABC News

Federal officials will decided in the “coming weeks” whether to require new cars to include smart technology that would alert drivers of a coming crash, even in vehicles that are two or three cars away. The vehicle-to-vehicle — or V2V — technology has undergone testing in recent years and has already been installed in some cars that are on the road. A recent study by the Government Accountability Office determined…

Posted: Wednesday, January 01, 2014

The 2014 Chevrolet SS Really Drives Like A Four-Door Corvette, And Here’s Why – Forbes

An “SS” badge, short for “Super Sport,” has adorned high-performance versions of Chevys for decades. But with this new rear-wheel-drive sedan, SS is a standalone name. (Credit: Matthew de Paula) The 2014 Chevrolet SS has been a long time coming—nearly two decades, in fact. It is the first rear-wheel-drive sedan powered by a V8 engine that Chevrolet has offered since it discontinued the Impala in 1996, which was antiquated even…

Posted: Wednesday, January 01, 2014

Project Cars racing game screenshots go for ultra-realism – GameSpot

Slightly Mad Studios has released 60 new screenshots for its upcoming racing game Project Cars, showing off some of the cars players will find in the game and its various environments. The developer also promised that there’s no funny business going on with the images. They are all pulled directly from the an early development version of the game distributed to community members and have not been doctored in any…

Posted: Wednesday, January 01, 2014

The 2014 Chevrolet SS Really Drives Like A Four-Door Corvette, And Here’s Why – Forbes

An “SS” badge, short for “Super Sport,” has adorned high-performance versions of Chevys for decades. But with this new rear-wheel-drive sedan, SS is a standalone name. (Credit: Matthew de Paula) The 2014 Chevrolet SS has been a long time coming—nearly two decades, in fact. It is the first rear-wheel-drive sedan powered by a V8 engine that Chevrolet has offered since it discontinued the Impala in 1996, which was antiquated even…

Posted: Wednesday, January 01, 2014

Daimler electric cars get fake vroom to thwart silent threat – Washington Post

“People expect some exterior noise from a vehicle, because we all grew up with the ‘vroom vroom’ of combustion engines,” said Meier, who oversees 250 people as head of powertrain acoustics at the Stuttgart, Germany-based company. Daimler isn’t alone in adding noise to electric cars. Renault offers a choice of car tones — pure, glam and sport — on the Zoe hatchback, while Nissan Motor’s Leaf, the best-selling electric car,…

Posted: Tuesday, December 31, 2013

Wheelies: The Toyota-BMW Sports Car – New York Times

Opinion » Draft: Must Novelists Travel? Writers of fiction don’t need to visit a place to write about it artfully.

Posted: Tuesday, December 31, 2013

Women buying pricer cars – USA TODAY

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Posted: Tuesday, December 31, 2013

Want to Snag a Year-End Bargain? Try These Seven Oversupplied Cars – Businessweek

Today and tomorrow may be two of the best days of 2013 to buy a car. Dealerships are always eager to swap inventory for cash at the end of a quarter, and in the final 48 hours of the year they particularly want to make room for the 2014 models that have been trickling in since September. And while demand has been strong all year, so too has production. At…

Posted: Tuesday, December 31, 2013

Anne Hathaway takes spin in BMW i3 electric car – New York Daily News

Anne Hathaway was definitely on Santa’s good list. The Academy Award-winning actress was seen riding in a BMW i3 electric car Saturday, reports TMZ. The pricey vehicle is not even available in the United States until mid-2014, but the 31-year-old star got a jumpstart on a ride that’s been for sale in Europe since November. GRPR/Raef-Ramirez/AKM-GSI Anne Hathaway and her husband Adam Shulman are driving the new BMW i3 electric…

Posted: Tuesday, December 31, 2013