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Despite the sale of Chrysler group by DaimlerChrysler, powertrain analysts at CSM Worldwide expect the restructured Chrysler to remain highly competitive in the powertrain arena well into the next decade. According to a recent CSM Worldwide press release, Chrysler has been aggressively procuring...
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SEMA members cited rising operating costs as the number-one obstacle facing their businesses, according to a SEMA research. Part of these operating costs include money spent on energy, and a recent study showed that businesses in general are faced with similar challenges imposed by rising energy...
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Rising gasoline prices have some owners of large and midsize trucks trading to smaller vehicles, according to J.D. Power and Associates, which uses real-time retail transaction data from its Power Information Network (PIN) to gather figures. In a recent press release, it said gasoline prices have...
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Despite pumped-up production schedules in recent weeks, North American June output will trail last year’s pace by 8.3%, according to a recent WardsAuto.com article. Ward’s Auto forecasts manufacturers will assemble 1,394,600 vehicles next month based on 21 production days, somewhat under the...
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Magazine publisher Primedia said on Monday it will sell its Enthusiast Media division, which includes popular automotive magazines like Motor Trend, Automobile, and Hot Rod, to Source Interlink for $1.2 billion. According to a Reuters report, the all-cash deal is expected to close in the third...
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In a move that had been hinted at for weeks, DaimlerChrysler AG divested itself from the bulk of its investment in Chrysler, handing over an 80.1% share of the company to the New York-based private equity firm Cerberus Capital Management, according to a Bloomberg report.
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With a new high-performance Nissan 350Z on the way, offered through the automaker’s NISMO performance division, we take a look at the most popular parts for the standard 350Z and its upmarket sibling, the Infiniti G35.Between April 11-May 10, 350Z enthusiasts spent $601,282 on parts and accessories...