Ford has been struggling to differentiate its remaining core brands, particularly Mercury and Lincoln which are both intended for an up-market clientele but struggle to make an impasse in their respective categories. In an attempt to differentiate the Mercury lineup, Ford is planning to remove larger vehicles and sell only small cars.
Infiniti has earned a steady footing in the premium car market, and this month the brand marks its 20 year anniversary. The brand came to life on November 8, 1989 and has succeeded in becoming a distinctive luxury moniker that is known for “inspired performance.”
GM just announced that Koenigsegg backed out of their deal to purchase Saab. Not much information about it was given, and there is no word from Koenigsegg regarding why they decided not to purchase the GM subsidiary.
The Dodge Caliber SRT4 is the performance-tuned trim of the compact Caliber. Poor sales have been cited for the vehicle’s death, and its removal from the lineup
Last week countless media outlets remarked that Ford posted a surprise third quarter profit. As the only Big Three automaker that did not go into bankruptcy, Ford has not avoided financial struggles, but remains resilient thanks to aggressive cost-cutting initiatives.
Chrysler and Nissan have been working together on new products since last year. Specifically, Nissan was going to build a small car for Chrysler, while Chrysler would build a new full-size pickup truck for Nissan