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GM, Ford roll out protection plans for car buyers
Tue, 31 Mar 2009General Motors is following Hyundai and Ford in offering protection for car buyers who lose their jobs. A plan announced Tuesday morning called Total Confidence offers up to nine payments of up to $500 each if a car buyer loses his or her job in the first 24 months after the purchase. The plan covers loans and leases.
Middlecott Sketchbattle Experiment contest pits auto designers against Detroit talent
Thu, 09 Jan 2014Local creative and design talent from outside and inside the car industry will go head-to-head in a multi-round competition for the title of Sketchmaster in the Middlecott Sketchbattle Experiment (MSBE). To be held at an underground afterparty for the Auto Show Charity Preview on 17 January at the Kunsthalle Museum in Detroit, the self-styled car design fight club will be attended by industry leaders, designers from Ford, GM, Chrysler, Toyota and Tier One suppliers. Car enthusiasts, artists and designers from around the globe will also be present.
Daimler, Renault are set to share vehicle platforms and engines
Wed, 31 Mar 2010Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.