Infiniti says the luxury car market is doing very well and is now more than ever before being driven by millennial buyers. By 2020, Infiniti hopes to have "11 or 12" cars and SUVs in its lineup.
Volkswagen took the wraps off its redesigned Jetta at the New York Auto Show on Wednesday. The new 2015 Jetta will have a lower profile and sporty interior. VW USA CEO Michael Horn says beyond the Jetta, the big question 'is how the passenger car market continues to develop.' VW has already announced a new mid-size SUV for 2016 but has not yet made a decision on whether it will be produced in Tennessee or Mexico. Separately, Horn says April sales are 'looking steady' about halfway through the month.
Ford's COO Mark Fields says the automaker is pleased with customer reaction to what is in the showroom and is very excited about the progress at the Lincoln brand.
Mercedes USA CEO Steve Cannon describes the new S63 AMG Coupe as "Kate Upton with a Harvard degree who could beat Usain Bolt in a 100 meter dash."
GM CEO Mary Barra, speaking in New York City at the J.D. Power Automotive Forum on Tuesday, says the automaker will launch a group within GM which will focus on the safety and performance of cars and trucks that are in the development stage in a move to prevent issues like the ignition switch recall. GM's VP of Global Product Development Mark Reuss will lead the organization in addition to his other duties. Also, Barra declined to provide a specific timetable on fixing the recalled cars.
In a move to capitalize on the explosive growth in the small SUV market, Chevrolet will bring the Trax to the U.S. at the end of 2014.
GM's Chevrolet showed off the new Camaro Z28 and the Corvette Z06 convertible at the Monticello Motor Club ahead of their official reveal at the 2014 New York International Auto Show.
General Motors CEO Mary Barra testifies before a U.S. Senate committee at 10:15 a.m. ET to answer questions about why GM failed to fix an ignition switch defect linked to at least 31 crashes and 13 deaths. Barra, who testified before the House Energy & Commerce Subcommittee on Tuesday, will address GM's failure to order a recall despite discovering a problem more than a decade ago.
GM CEO Mary Barra apologized to its customers for failing to fix a safety defect with its cars on Capitol Hill Tuesday.
U.S. auto sales in March topped forecasts bringing the annual rate to 16.4 million units. Every category, from domestic cars and trucks to imported cars and trucks saw sales gains.