May 1, 2014

Alan Mulally to Retire on July 1, Mark Fields Named Next Ford CEO

Ford revealed today that Alan Mulally will be retiring and Mark Fields will become the next CEO of Ford Motor Company. Mulally, 68, is retiring after nearly eight years leading Ford and capping a remarkable 45-year career. Mulally has led Ford's transformation and strengthened its position as one of the world's leading global automakers. Under Mulally and the company's One Ford plan for profitable growth, Ford has achieved 19 consecutive quarters of profitability, developed the strongest product lineup in Ford's history and embarked upon the company's most ambitious global expansion in the past half century. View the official press release here

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Chevrolet Silverado SSV Police Truck Joins Lineup

Chevrolet announced today the addition of the 2015 Chevrolet Silverado 1500 Crew Cab Special Service Vehicle (SSV) to the brand’s growing police vehicle portfolio. On sale this summer, the SSV police truck offers the same capabilities, efficiency and durability as the Silverado 1500 with special features designed for police use.

According to the official statement, "The SSV package is available on Silverado 1500 Crew Cab in 1WT or 1LS trims, and includes the 5.3L EcoTec3 V-8, rated at 355 horsepower and delivering the highest EPA-rated fuel economy for a 2WD V-8 full-size pickup: 23 mpg highway. The engine is available with E85 capability. Police agencies can choose 2WD or 4WD models with the standard 6’6” pickup box or a shorter 5’8” box."

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April 30, 2014

Toyota to Move US headquarters to Texas

According to Automotive News, Toyota will be moving sales, finance, manufacturing and engineering operations to Plano, Texas. This is a huge deal, as the company has been based in California since 1957. When all moves are final, the new facility will house approximately 4,000 employees.

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Chevrolet Released New 2015 City Express Pricing

Chevrolet today announced pricing on the City Express, its first entry into the small cargo van segment. The LS model pricing will start at $22,950 and for the LT model, $24,510. Standard features on the LS model include dual rear sliding doors, power windows and 40/60 split rear cargo doors, among others. In addition to these features, the LT model will have cruise control, Bluetooth connectivity, backup sensors, remote keyless entry with an automatic locking feature, and heated, power-adjustable outside mirrors. The new City Express should arrive in dealerships in the early part of the fourth quarter of the year.

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