Inside the Industry

New Saab 9-5 to be built on General Motor's Epsilon 2 platform

(August 27, 2009) Saab has released details of its new 9-5 flagship, a car crucial to the brand's success as an independent automaker under new ownership, AutoWeek reported on Thursday.

Earlier this month, General Motors Co. reached a deal to sell Saab to Koenigsegg Group AB, a consortium of private investors that includes Koenigsegg Automotive AB, a tiny Swedish maker of $1 million supercars.

GM increasing production at several North American assembly plants

(August 18, 2009) General Motors is increasing production at several North American assembly plants in response to increased sales. The company will add shifts, overtime and reinstate forecasted down weeks at select facilities. As a result, GM will add about 60,000 vehicles in the third and mainly the fourth quarter production forecast, ensuring a wide selection of high-quality, fuel efficient cars, crossovers and trucks for customers.

Bentley unveils the Mulsanne, the company's new flagship sedan

(August 17, 2009) Bentley Motors unveiled the Mulsanne, the company’s all-new flagship grand tourer, at Pebble Beach Concours D’Elegance in Monterey, California.

The new Bentley will retail for close to $300,000.

Infiniti shows 2011 M series with 400 horsepower V-8

(August 17, 2009) Infiniti this past weekend provided a look at the all-new 2011 Infiniti M performance luxury sedan at the Pebble Beach Concours d’Elegance.  This is the third generation of Infiniti’s popular M and the first to be sold across all of Infiniti’s 32 markets around the world, including Western Europe.  

GM says Chevrolet Volt will achieve 230 miles per gallon in city driving

(August 11, 2009) WARREN, Mich. —The Chevrolet Volt extended-range electric vehicle is expected to achieve city fuel economy of at least 230 miles per gallon, based on development testing using a draft EPA federal fuel economy methodology for labeling for plug-in electric vehicles, General Motors announced at a news conference today.

BMW will introduce hybrid models at Frankfurt Motor Show

 (August 14, 2009) BMW has announced the production versions of the BMW ActiveHybrid X6 and the ActiveHybrid 7 will have its world premiere at the Frankfurt Motor Show in September. 

General Motors, Koenigsegg reach agreement on sale of Saab

(August 18, 2009) General Motors Corp. said Tuesday it has signed an agreement to sell its unit Saab Automotive to Sweden's Koenigsegg Group AB, confirming an announcement in June, although government officials warn that more capital is needed before the deal can be closed.

Hyundai to sell sedan to rival Mercedes S-Class, BMW 7-Series in U.S. in 2010

(August 12, 2009) PEBBLE BEACH, Calif. — Hyundai is shaking things up at the annual Pebble Beach Concours d’Elegance by announcing its intention to launch its most premium luxury sedan in the U.S. next year.

Hyundai’s flagship, badged as the Equus in the Korean market, will be on display and on the roads surrounding the annual gathering of collectible classic luxury automobiles throughout the week, giving attendees a glimpse of the company’s most prestigious model. 

Next Cadillac flagship sedan to be built on Buick LaCrosse platform

(August 10, 2009) It was reported Monday that Cadillac's next flagship sedan, the XTS, will be built on the Buick LaCrosse platform.

The XTS is due in 2011 as a replacement for both the mid-sized rear-drive STS sedan and the full-sized front-drive DTS. The platform will be wider than the LaCrosse's and fitted for a more luxurious Cadillac ride, according to Automotive News. It's expected that the XTS will offer all-wheel drive.

A domestic, two Asians post best July sales results

(August 10, 2009) Detroit automaker Ford Motor and Asian manufacturer Hyundai Motor in addition to one independent — Fuji Heavy Industries’ Subaru brand — sold more new vehicles in July 2009 than in the same month last year, according to the J.D. Power and Associates Sales Report.