27 Articles
Jun 3, 2013 Report
Older shoppers more likely to buy new cars

A new University of Michigan study reveals that people between the ages of 55 and 64 are most likely to be purchasing a new vehicle – one new car was sold for every 14.6 licensed drivers in that age bracket – suggesting that automakers should be targeting that demographic when trying to move cars from the showroom. The report, comparing licensed driver data in the US from 2007 to 2011, also revealed that drivers between the ages of 18 and 24 were the least likely to buy a new vehicle

Michael Harley
Jun 3, 2013 Official
USABC awards Leyden $2.28 million contract for lithium ion stop-start battery

Stop-start battery systems continue to gain traction with automakers. The United States Advanced Battery Consortium (USABC) has now awarded a $2.28 million stop-start development contract to Leyden Energy Inc. of Fremont, CA. USABC is a consortium group made up of Chrysler, Ford and General Motors – and this award was also funded in part by the US Department of Energy (DOE).

Jon LeSage
Jun 3, 2013 Report
Is Kia working on a sporty convertible?

It's been a number of years since we last heard rumors about a drop-top Kia, but as the South Korean automaker continues to grow into new segments, why not stir things up again? Fan site Kia-world.net got its hands on what is claimed to be an exclusive drawing (click to enlarge) of the Kia Pro_cee'd GT Cabrio.

Jeffrey N. Ross
Jun 3, 2013 Report
Lexus in no hurry to be a big player in China

For a while now, China's spiraling wealth, population and development has had the world's luxury automakers in an expansionist fervor, with many executives exhibiting the sort of gleefully maniacal behavior historically reserved for gold-rush prospectors. Yet Toyota, of all companies, is exercising a surprising amount of caution in the Asian nation.

Chris Paukert
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