Inside the Industry

GM shares close first day at $34.19

(November 18, 2010) NEW YORK -- General Motors shares finished their first day on the New York Stock Exchange up by 3.6 percent amid heavy volume, closing at $34.19 -- a gain of $1.19 over its initial stock offering price of $33 a share.

GM made a dramatic return to public stock markets less than a year and half after it emerged from a government-funded bankruptcy.

Chrysler set to launch showcase dealership in downtown L.A.

By Ted Biederman
MotorwayAmerica.com editor

(November 18, 2010) LOS ANGELES — Chrysler Group LLC is set to unveil Motor Village of Los Angeles, the company’s newest dealership in the United States. The facility is to open January 5.

A study of efficient and intelligent design

(November 18) LOS ANGELES — Cadillac on Wednesday introduced the Urban Luxury Concept, a design study exploring a new type of vehicle that offers a luxury experience in a diminutive size. The Cadillac Urban Luxury Concept complements its compact dimensions with the design, features and technology for which Cadillac is known.

'Darkcasting' talk show takes place in a Lexus CT 200h

(November 17, 2010) TORRANCE, Calif. --- Introducing "Darkcasting." It's part test drive, part late night talk show, part real time feedback. Whatever it is, it's no 30-second spot for the new Lexus CT 200h, but an actual series hosted by actress and stand-up comedian Whitney Cummings that captures the (nearly) unfiltered conversations of influential personalities who take the new Lexus hybrid for a spin in their home cities -- San Francisco, New York, Chicago, Miami, Los Angeles, and New Orleans.

2012 VW Eos debuts in L.A. with mid-cycle refreshening

(November 17, 2010) Volkswagen is unveiling its all-new 2012 Eos hardtop convertible at the Los Angeles Auto Show, with market introduction in early spring of 2011. It features an updated design with numerous new features.

The 2012 Eos is still the the only hardtop convertible with a built-in sunroof.

Automobile magazine, Motor Trend name Chevy Volt 'Car of Year'

(November 17, 2010) The Chevrolet Volt won coveted Car of the Year awards Tuesday from Motor Trend magazine and Automobile magazine.

The double recognition, said Chevrolet marketing Vice President Chris Perry, "reinforces the fact that this is a breakthrough vehicle."

New Ford Focus engine to get 40 mpg, make 160 HP

(November 17, 2010) LOS ANGELES – The 2.0-liter engine coming early next year to Ford’s new 2012 Focus will be one of the first on the market to combine the technology of gasoline direct injection (DI) with twin independent variable camshaft timing (Ti-VCT) and E85 flex fuel capability.

Kia Sedona minivan gets more horsepower for 2011

(November 16, 2010) IRVINE, Calif. -- Kia announced today that the 2011 Sedona minivan will come with a new 3.5-liter V6 engine that produces 271 horsepower -- an increase of 27 horsepower -- while still getting better fuel economy than last year's engine. Pricing for the 2011 Sedona will start at $24,595 for the LX model (plus $795 destination charge),an increase of $400 over the 2010 model.

GM has been designing cars in Los Angeles studio for 10 years

(November 16, 2010) LOS ANGELES -- GM is marking 10 years of automotive design at its North Hollywood Advanced Design Center, a milestone that honors GM’s rich California heritage and celebrates the innovative spirit of the designers who are creating the vehicles of the future.

Fifty percent of heavy duty pickups sold in U.S. are Ford F-Series

(November 15, 2010) DEARBORN,Mich -- One of every two heavy-duty pickups sold in the United States in the first nine months of the year is a Ford F-Series Super Duty. 

The new Super Duty dominates the heavy-duty pickup segment with 50 percent of total heavy-duty sales, an increase in market share of 5 percentage points over the same period last year – its highest share since 2001. This is according to a Ford analysis of recently released registration data by R.L. Polk.