EDWARD NIEDERMEYER Bloomberg ViewAugust 25, 2015 – 3:45 pm ET When a chemical warehouse in Tianjin, China, exploded this month, destroying some 10,000 parked vehicles, cynics suggested that the disaster might actually be for the best, given the massive glut…
North America churning out vehicle records
The production line at the Subaru of Indiana Automotive assembly plant in Lafayette, Ind. July marked the 48th straight month in which North American light-vehicle output surpassed 1 million units. Automotive NewsAugust 22, 2015 – 12:01 am ET In case…
Tesla stock sale raises $738 million
Tesla faces major capital spending as it expands globally, adds models and builds a large battery factory near Reno, Nev. Photo credit: BLOOMBERG August 19, 2015 – 6:05 pm ET (Bloomberg) — Tesla Motors Inc. said the underwriters of its…
Lexus fine-tunes LX, GS in return to luxury roots
The LX gets a dramatically updated interior and exterior, with a more aggressive version of the Lexus “spindle grille.” Future Product Pipeline MONTEREY, Calif. — Lexus, which has been busy in recent years proving its hipness to millennials, came to…
Ford hires exec who helped build up Buick in China
Joseph Liu has been named Ford’s vice president of marketing and sales in China. August 11, 2015 – 6:27 am ET BEIJING (Reuters) — A former General Motors sales and marketing executive, Joseph Liu, has joined Ford Motor Co.’s China…
In playful rivalry, Dodge pokes fun at Volkswagen Passat
In Dodge’s “Not So Fast and Furious” ad, a VW Passat overtakes a Dodge Challenger. This irks “Fast N’ Loud” star Richard Rawlings, who pulls over the Challenger driver for breaking “Dodge Law.” Related Stories Dodge has been throwing playful…