Month: August 2019

German premium automakers find themselves in unfamiliar territory: trailing mass market rivals in profitability. BMW and Daimler have seen returns shrink in the normally lucrative second quarter, pushing their profitability below those of volume peers. BMW’s closely watched automotive EBIT margin collapsed to 2.8 percent in the first half, while Daimler’s Mercedes-Benz car division had
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The 2020 Mitsubishi Mirage is as basic as a new vehicle comes, no matter how much you spend. We give it 4 out of 10 for features. (Read more about how we rate cars.) Available in ES, LE, and SE trims, the Mirage ranges from around $14,000 upwards, with the sedan costing $1,000 more than
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He was one of the best. I remember my first meeting with Ferdinand Piech, when he was a rising star at Audi after having been booted out of Porsche along with the rest of his family. When I asked him how far we were, at that moment, from the East German border, he said with
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JACKSON HOLE, Wyo. — As GMC designed an off-road version of its Sierra pickup, customers said they wanted something different: boldness, capability and luxury — not flashy chrome. From that effort came the Sierra AT4, an understated, matte-accented truck that’s a departure from GMC’s tried-and-true Denali formula. “It was kind of like an ‘aha! moment’
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COLOGNE — Deutsche Post has received expressions of interest from potential partners for StreetScooter, its electric van business, board member Tobias Meyer said on Friday. “We see broad interest along the entire value chain,” Meyer said, adding that Deutsche Post was in contact with parts suppliers, electric vehicle manufacturers and operators. The German postal services
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The 2020 Mitsubishi Outlander is a value-oriented crossover SUV option that is best in lower-trim forms. With expanded active safety tech this year, we give it 6 out of 10 for features. (Read more about how we rate cars.) Outlander models include ES, SE, LE, a new SP (Special Edition), SEL, and GT trims, which
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Ferdinand Piech was featured in The Six Men Who Built the Modern Auto Industry by Richard Johnson, the now-retired print editor of Automotive News. Here are excerpts from the 2005 book. Ferdinand Piech was not the usual 26-year-old engineering graduate when he began working at his family’s sports-car company in April 1963. He was the
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Ivory Coast’s government signed an agreement on Thursday with Toyota Motor Corp. to build a vehicle assembly plant in the West African nation, the office of Ivorian Prime Minister Amadou Gon Coulibaly said in a statement. Faced with stagnant sales in developed economies, automakers including Toyota, Volkswagen Group, BMW AG, and Nissan Motor Co. are
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WASHINGTON — Waymo, the self-driving car unit of Google parent Alphabet Inc., on Thursday urged the National Highway Traffic Safety Administration to “promptly” remove regulatory barriers for cars without steering wheels and brake pedals. Automakers must currently meet nearly 75 auto safety standards for self-driving cars, many of them written under the assumption that a
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There is only one Mustang that Ford had yet to recreate—the baddest of all, the Boss. That is, until now. Meet the 2012 Ford Mustang Boss 302, the best, most well-rounded Mustang ever. We take it to the track to see how it performs. READ THE STORY HERE: http://www.motortrend.com/roadtests/coupes/1102_2012_ford_mustang_boss_302_test/index.html Also find Motor Trend on: Tweets
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FRANKFURT –  The Frankfurt auto show, which opens next month, is stepping up security checks to prepare for potential disruption by climate activists who are calling for people to join anti-car protests. Police are already investigating a group calling itself “Rocks in the Gearbox” after more than 40 luxury vehicles were vandalized at a car
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Porsche is expanding its vehicle subscription service to include four new North American cities, the brand announced Wednesday. Originally launched as pilot programs in Atlanta, Porsche is now rolling out its Porsche Passport and Porsche Drive vehicle subscription services to Las Vegas, Phoenix, San Diego, and Toronto. The Porsche Passport program allows members to lease
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