http://www.cnbc.com - Despite a solid month of auto sales in January, "Fast Money" traders shied away from carmaker stocks like General Motors and Ford.
http://www.cnbc.com - GM rode sales of SUVs and pickup trucks to a record profit in 2015, and the automaker reaffirmed its expectation to do better this year.
http://www.freep.com - The current Escalade is the most profitable model in Cadillac’s model line. It attracts wealthy, loyal buyers. “The Escalade must become more sophisticated and technically advanced, more detail oriented” in its interior design and materials, said Johan de Nysschen. “We can do all that with a body-on-frame architecture.”
http://www.autoblog.com - This video from Chevy Performance shows off all the drag-strip action from several unexpected angles. You can watch the rear axle at work and even see the engine under the hood during the run. Our personal favorite is the shot of the launch from underneath the car – it's a perspective you never usually get to see. And, naturally, there are lots of great angles showcasing the car's massive burnout potential.
http://www.carscoops.com - General Motors is gearing up a very extensive overhaul of its vehicle development process. In order to remain relevant and, eventually, thrive in this day and age, GM apparently has to rethink its approach in the business. Long gone are the days when the company could afford to launch new and redesigned vehicles in compressed periods of time.
http://www.forbes.com - This week Bob Lutz, former GM vice chairman, had his harshest words yet for Tesla. “Tesla’s business model is upside down…their costs have always been higher than their revenue,” said Lutz, formerly the chief GM executive behind the development of the Chevy Volt, in a CNBC interview on Thursday. “They always have to get more capital, then they burn through it.”
http://www.thecarconnection.com - The Nissan Versa and Hyundai Accent are two low-priced subcompact cars, each coming as a four-door sedan or a five-door hatchback. They compete with the Chevrolet Sonic, Ford Fiesta, Honda Fit, and Toyota Yaris, among others.
http://www.motortrend.com - What better way to celebrate the Corvette Racing team’s 1-2 victory in the GTLM class of the 2016 Rolex 24 race at Daytona — that event’s closest margin of victory ever at 0. 034 seconds — than by opening a brand-spanking-new racing powertrain development center with which the team can further hone its proven engines and drivelines?
http://www.autoblog.com - January sales slump for the Nissan Leaf electric vehicle continues where last year left off.
http://www.autoblog.com - Desperate to shake off the stench of Dieselgate, Volkswagen is working on all-new, standalone electric car to take on the Tesla Model 3 and Chevrolet Bolt.