January 2014

Chrysler Group reports net income of $2.8 billion for 2013

(January 29, 2014) DETROIT — Chrysler Group today reported an increase in earnings for the fourth quarter as higher U.S. sales helped the automaker to its third straight annual profit. Chrysler's net income of $1.6 billion was aided by a onetime tax gain of $962 million, the company said in a statement. A year earlier, Chrysler netted $378 million.

Nissan unveils revolutionary engine to complement ZEOD RC powerplant

(January 29, 2014) LONDON — Nissan will not only break new ground with the unique electric power plant aboard the Nissan ZEOD RC at Le Mans this year, but the accompanying internal combustion engine is set to revolutionize standards of performance and efficiency.

Volkswagen unveils its 60-second Super Bowl ad

(January 29, 2014) HERNDON, Va. — Volkswagen today officially kicked off advertising’s premier event with the unveiling of its new Game Day commercial. Viewers can catch “Wings” on the automaker’s YouTube channel before it airs in the second quarter of the Super Bowl game this Sunday. This is the fifth consecutive year that Volkswagen has advertised on game day.

Double-digit growth strengthens Ford Focus’ lead as world's best seller

(January 29, 2014) DEARBORN, Mich. — The Ford Focus continues to be the best-selling vehicle nameplate in the world, based on Ford’s analysis of the just-released and latest Polk global vehicle registration data through the third quarter of 2013.

Ford, Lincoln dealers give communities $89 million in 2013

(January 28, 2014) Ford and Lincoln dealers gave approximately $89 million to local causes and nonprofits in communities across the United States in 2013, according to Ford Motor Company’s annual Survey on Dealer Giving.

The survey was administered by Ford to coincide with the 14th annual Salute to Dealers awards at the 2014 National Automobile Dealers Association Convention in New Orleans.

Subaru debuts next-generation Eyesight system

(January 28, 2014) CHERRY HILL, N.J. — Subaru has announced the debut of a new and improved version of its popular Eyesight driver assistance system. The new system now features color stereo cameras that deliver an approximately 40 percent longer and wider detection range, brake light detection and can now fully function when the speed differential between the Eyesight equipped car and another vehicle is up to 30 mph, up from 19 mph.

Early adopters of Cadillac ELR to receive complimentary home charger

(January 28, 2014) DETROIT — Cadillac is offering a complementary 240-volt home charging station and installation to early buyers of the all-new 2014 ELR electrified luxury coupe. 

"The ELR's blend of leading technology with provocative design and fun-to-drive performance is set to bring new buyers to Cadillac and to electrification itself," said Uwe Ellinghaus, chief marketing officer, Global Cadillac. "Professional installation of the fastest home-charging unit is a natural way to mark the introduction of ELR to the luxury market."

Ford reports $1.8 billion in pre-tax profit, net income of $1.5 billion in 2013

(January 28, 2014) DEARBORN, Mich. — Ford Motor Credit Company reported a pre-tax profit of $1.8 billion in 2013, compared with $1.7 billion a year earlier.  The improvement was more than explained by higher volume, primarily in North America, driven by an increase in leasing reflecting changes in Ford’s marketing programs, as well as higher non-consumer finance receivables due to higher dealer stocks.

Lexus to exhibit work by three world-renowned designers in Milan

(January 27, 2014) TORRANCE, Calif. — Lexus will hold a special exhibition of works by three world-renowned designers at the Milan Design Week, the foremost international event for the world’s design industry, held in Milan, Italy.

The exhibition, entitled Lexus Design Amazing 2014 Milan, will be held at Circolo Filologico Milanese and run from Tuesday, April 8 through Sunday, April 13.

'Shop-Click-Drive' gains traction with GM dealers

(January 27, 2014) DETROIT – More than a third of GM’s 4,300 U.S. dealers are now offering or enrolling in “Shop-Click-Drive,” the online shopping tool that enables Chevrolet, Buick, GMC and Cadillac dealers to combine the convenience of the Internet with personal customer service.