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Daimler and BYD name new brand Denza
Mon, 26 Mar 2012Mercedes-Benz sources in Germany have confirmed Chinese media reports suggesting that parent company Daimler and Chinese carmaker BYD's new joint venture brand will be called Denza. Created as a Chinese-market-only brand, Denza is planned to support a range of "affordable" electric-powered vehicles, the first of which is set to be unveiled at the Beijing motor show next month. Based on the underpinnings of the first-generation Mercedes-Benz B-class--a car originally designed to accept batteries within its flat floor structure--the first Denza model was developed in China by a team of engineers from both Daimler and BYD Auto.
Jeep Grand Cherokee's 2013 model year will be short
Mon, 25 Jun 2012The Jeep Grand Cherokee will have a shortened 2013 model year so that in January the Chrysler Group can introduce a diesel engine and eight-speed automatic transmission for the 2014 model, internal Chrysler sources say. Dealer orders for 2013 Grand Cherokees began this month. The 2013 model, which will begin production in August, will continue with the five-speed automatic that the Grand Cherokee has had since mid-2010.
Toyota, Honda, VW soar again; Chrysler leads Detroit 3
Tue, 02 Oct 2012Toyota Motor Corp., Honda Motor Co. and Volkswagen AG's VW brand continued to post robust U.S. sales increases while deliveries at General Motors and Ford Motor Co.