General Motors has announced it will sell its Allison Transmission commercial and military business to the private equity firms Carlyle Group and Onex Corp. The selling price is expected to be around $5.6 billion. The agreement will include seven manufacturing operations in Indianapolis along with...

As Dan Carney of MSNBC.com points out, Americans have had a tendency to supersize everything, from their food to the vehicles they drive. However, with the rising prices of gasoline, more Americans have decided to downsize their vehicles. And the sales of smaller vehicles reflect this change. Honda...

Each year, cars and trucks are given various “best of” awards. This year, the Chevrolet Volt Concept received the 2007 North American Specialty Concept Vehicle of the Year and the Most Significant Concept Vehicle of the Year at an awards ceremony at the Automotive Hall of Fame in Dearborn, Michigan...

Pricing for the 2008 Nissan Versa, Toyota Highlander and Audi RS4 Cabriolet have been announced. *Sales for the early-model Audi RS4 Convertible are unavailable

According to a story published by ForbesAuto.com, there are 10 styling trends that are dominating the future of vehicle design. It doesn’t take much thought to realize that many of these styling trends are the result of innovations spawned in the performance parts and accessories industry. 1. Higher...

According to WardsAuto, American Honda Motor Co. Inc. wants to “boost sales of its Accord midsize sedan to a level not seen since 2001.” In recent year’s, Toyota Motor Sales U.S.A. Inc.’s Camry has surpassed the Accord in sales, and Honda wants to take back some of the market share.

According to The Car Connection, Volkswagen has confirmed that the new Jetta sedan will be the first of the company’s vehicles to get the new clean diesel engine in 2008. Production for the clean-diesel Jetta TDI is expected to begin in January of 2008 and will go on sale in late spring. The new...

BMW has denied any concrete plan to build an M version of the entry-level 1 Series. But according to AutoWeek, the versions of the 1 Series that will be available resurrect the spirit of the original M3. The 1 Series is expected to debut at September’s Frankfurt motor show.

An unlikely new player has entered the biofuel arena. Tyson Foods, the world’s largest processor and marketer of chicken, beef and pork, and Syntroleum Companies recently announced the formation of Dynamic Fuels LLC to build the first commercial synthetic fuels plant in the United States. The plant...

Electronics and software represent more than 20% of the cost of today’s vehicles. Analysts project growth to 35% or even 40% by 2010. So according to WardsAuto, so-called embedded computing is growing as well.