News archive

January 2011

Ford reports highest net income in more than 10 years

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(January 28, 2011) DEARBORN, Mich. — Ford today reported 2010 full year net income of $6.6 billion, or $1.66 per share, an increase of $3.8 billion, or 80 cents per share, from 2009. This was Ford’s highest net income in more than 10 years, as strong products and new investments fueled improvements in all of the company’s business operations around the world.

2011 auto sales appear off to a steady start

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(January 28, 2011) SANTA MONICA, Calif. — This month's new car sales (including fleet sales) are expected to be approximately 816,000 units, a 17.3 percent increase from January 2010 but a 28.4 percent decrease from December 2010, according to Edmunds.com. Retail sales are expected to be approximately 661,000 units, down from approximately 947,000 last month.

Chevrolet accelerates rollout of Volt

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(January 28, 2011) DETROIT — Chevrolet is stepping up the national rollout of the Volt to match customer interest.

“We’re accelerating our launch plan to have Volts in all participating Chevrolet dealerships in every single state in the union by the end of this year,” said Rick Scheidt, U.S. vice president, Chevrolet Marketing.

245,000 Lexus vehicles recalled in U.S.

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(January 28, 2011) Toyota this week recalled nearly 1.7 million vehicles globally for a variety of fuel system related problems, including 245,000 Lexus IS and Lexus GS sedans in the United States.

Subaru going to the dogs again on Super Bowl Sunday

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(January 27, 2011) CHERRY HILL, N.J. (PRNewswire) — Subaru, while enjoying an epic "tail" of record sales, once more separates itself from the pack of Big Game advertisers with its "Dog Tested. Dog Approved." campaign and the new Subaru Game Day Dog Walk Event.

Jeep: From war hero to rugged civilian work vehicle and off-roader

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Jeep began as a military vehicle in 1940, produced by Willys-Overland. By the end of World War II more than 386,000 Jeeps were built for the war effort.

OnStar offers special service to Super Bowl attendees

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(January 27, 2011) NORTH DALLAS, Texas — To alleviate confusion over road closures, Super Bowl organizers have asked fans to turn off GPS units and follow directions on their parking passes.

OnStar subscribers, however, will have special access to information on routes and road closures with a simple push of the blue button. 

Mercedes 'Official Vehicle' of Phoenix golf tournament

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(January 26, 2011) PHOENIX, Ariz. —Mercedes-Benz is the "Official Vehicle" for the 2011 and 2012 Waste Management Phoenix Open tournament. The 2011 Phoenix Open is takes place next week, Feb. 3-6, at the TPC Scottsdale.

GM performance parts announces LSX Challenge

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(January 26, 2011) GRAND BLANC, Mich. — GM Performance Parts (GMPP) announces the LSX Challenge Series. It is a four-race points drag racing series for the 2011 racing season, culminating with the 5th annual LSX Shootout, to be held in conjunction with the NMCA World Street Finals, Oct. 6-9, in Indianapolis.

Mazda to lease electric vehicles in Japan

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(January 25, 2011) HIROSHIMA, Japan — Mazda Motor Corporation is independently developing an electric vehicle (EV) with plans to begin leasing in Japan in spring 2012. The new EV, based on its Demio subcompact (globaly known as the Mazda2), is expected to have a driving range of 120 miles and will be leased mainly to local government bodies and fleet customers.