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Somonauk, Illinois, United States
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November a strong month for car sales
Mon, 03 Dec 2012U.S. auto sales--led by BMW, American Honda and Volkswagen Group--rose 15 percent to 1.14 million in November, exceeding analysts' forecasts and setting the stage for the industry to finish 2012 on a high note heading into the new year. The annualized industry sales rate, adjusted for seasonal trends, accelerated to 15.56 million--the highest rate since 15.59 million in January 2008.
Ford celebrates 65 years of the F-series
Wed, 16 Jan 2013On the heels of this week's reveal of the Ford Atlas concept pickup, a preview of the next-generation F-150, Wednesday marks the 65th anniversary of the venerable Ford F-series. The first F-series truck was introduced to the public on Jan. 16, 1948.
VW developing 10-speed transmission to save fuel
Thu, 02 May 2013Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said. The transmission is one of a number of drivetrain technologies that the automaker is focusing on for the mid- and long term, he said. Others include plug-in hybrids and a high performance diesel engine.