New For 2012: 'This Isn't Your Father's Dodge Dart'
Wed, 01/11/2012 - 01:01 EDT - NPR - National Public Radio (Business News)
Chrysler unveiled the 2013 Dodge Dart at the North American Auto Show on Monday. The resurrection is part of the company's overall revitalization, but the new stylized, gas-sipping Dart is a far cry from the sturdy mainstay of the 1960s and '70s.» E-Mail This» Add to Del.icio.us
A recent article in the New York Times noted the first fruits of the Chrysler and Fiat merger (see A Merger Once Scoffed At Bears Fruit in Detroit and Will the Dodge Dart be a high-caliber replacement?).
Chrysler Fiat announced this week that its U.S. auto sales in May jumped 17% over the same time last year, beating industry projections by 3%. In fact, with more than 849,000 cars sold so far this year, the much-maligned automaker is having its best year in nearly a decade.
Ford Motor Co., taking risks with its top-selling and most profitable model, introduced an F-150 pickup that weighs as much as 700 pounds (318 kilograms) lighter to deliver a boost in fuel economy.
The F-150 going on sale late this year boasts military-grade aluminum alloy throughout its body, Dearborn, Michigan-based Ford said Monday in a statement. The second-largest U.S. carmaker also added a 2.7-litre EcoBoost engine, the smallest-displacement powertrain in its truck lineup.
Automakers are expecting another record sales year in Canada in 2014, but some are starting to pump the brakes on the sort of long-term financing that is increasingly the norm in Canada.
Last year, auto sales in Canada hit a record 1.74 million units as hefty incentives and pent up demand saw buyers shrug off mounting consumer credit concerns to smash the previous record of 1.703 million cars and trucks sold in 2002.