U.S. car buyers came out of hibernation in April to spend on pickup trucks and SUVs, fueling an auto sales rebound that analysts expect to last the rest of the year.
Total sales grew to just under 1.4 million cars and trucks, up about 8 percent from a year ago. Sales ran at an annual rate of just over 16 million, according to Autodata Corp.
For Mark Fields, Ford’s newly appointed CEO, the biggest challenge is to stay the course and not let the company drift back into the bad habits that almost sunk it a decade ago.
It’s the exact opposite of hush-hush corporate security: Jaguar Land Rover wants to share everything it knows about assembling aluminium-bodied cars.
The long-awaited Nissan X-Trail will be priced from £22,995 when it goes on sale this July. That gets you the entry-level 2WD Visia with five seats, which is £2600 less than the outgoing equivalent.
Auto industry veteran Jean-Marc Gales is the new CEO of the UK sports-car maker Lotus.
