An Obama administration official who oversaw the restructuring of the auto industry says he’s encouraged that U.S. automakers are returning to profitability despite tough economic conditions. Get the full story »
Inside these posts: Detroit Auto Show
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Chevy Volt, Ford Explorer take Detroit’s top honors
The Chevrolet Volt plug-in electric car, the centerpiece of General Motors’ comeback, was named North American Car of the Year Monday. Ford Motor Co.’s latest incarnation of its Explorer sport utility vehicle was named 2011 Truck of the Year, edging out the Jeep Grand Cherokee and the Dodge Durango. Get the full story »
Buick unveils new Verano compact sedan
The 2012 Buick Verano. (GM)
Buick’s long-awaited compact sedan, the 2012 Verano, bows Monday at the Detroit Auto Show.
Built off the same platform that carries the Chevy Cruze and Opel Astra, the front-wheel-drive Verano will have 1.4-liter, 180-horsepower turbo 4-cylinder as its base engine with a 6-speed automatic transmission, according to Edmunds.com, which said it will be priced from $22,500. Get the full story »
