GM has just announced a new $24 million investment in its assembly plant in Fort Wayne, Indiana. The objective is to update production lines so the company can increase production of full-size Cabin Crew pickup trucks.
Monthly Archives: May 2019
GM’s luxury division Cadillac unveils the CT4-V and CT5-V performance sedans at a special event in Detroit. For the former it’s the first appearance of the model in any form; the presentation of the regular CT4 should happen next month.
Buick confirms that it will be bringing the new, longer Encore GX crossover to North America, though not before next year. The Encore GX will slot in between the regular Encore and the larger Envision in the carmaker’s lineup.
Lexus presented its updated 2020 Lexus RX SUV, including a hybrid version, and Auto123.com was at the launch for the reveal. The best-selling Lexus model gets some styling tweaks and tech updates, as well as two electric motors in the h version. But for when the push to true electrification?
Chevrolet has previewed the North American version of its new 2021 Trailblazer, just over a month after unveiling the model destined for the Chinese market at the Shanghai auto show.
Porsche CEO Oliver Blume is under investigation for possible financial crimes, according to a new report. If found guilty, the executive could be facing up to 10 years in prison, according to German law.
Midway through its current generation, the BMW X1 SUV gets some esthetic updates for the 2020 model-year. Like other new products from the German automaker, the X1 notably gets a mote imposing front grille.
Current Renault partner Nissan is, according to an internal source at the Japanese company, not opposed to an FCA-Renault merger. Automotive News is reporting that if the FCA offer to the French auto group is accepted, Nissan would be invited to participate.
FCA (Fiat Chrysler Automobiles) yesterday submitted an offer of alliance with the French Renault Group, on that could lead to a full merger. Renault has agreed to study the offer and make public its decision in short order.
Renault and FCA are preparing to announce a major alliance as soon as today, in a move that could be setting the table for a full merger. A meeting of officials from both companies is set for Monday morning at Renault HQ in France. An announcement could come as soon as today.