Mercedes-Benz unveiled its new CLA compact four-door coupe, which the automaker said will spearhead new sales in the U.S. among buyers in their 20s and 30s who value Internet connectivity as much as cars themselves.
Mercedes Chairman Dieter Zetsche introduced the car, which he described as a smaller version of the CLS. The CLS is based on the mid-size E-class sedan, but has an adventurous-looking body in contrast to the shape of the basic car.
Mercedes chose to unveil the car on the eve of the auto show’s first press day, but said the car will not be present at the show itself. The face-lifted E class will be unveiled today.
Mercedes didn’t reveal the likely price of the coupe, which will go on sale in the U.S. this fall. But prices are likely to start at around $30,000.
VW hits all-time U.S. high
Volkswagen AG sold a record 9.07 million vehicles in 2012, including an all-time high 580,200 in the U.S.
«The Volkswagen group developed extremely well in difficult conditions; 2012 was the best year ever,» Chief Executive Martin Winterkorn said at a news conference in Detroit. But, he cautioned, «tough challenges lie ahead.»
In the U.S. , the Wolfsburg, Germany-based automaker sold more than 580,200 vehicles in 2012, surpassing the record set in 1970, when Volkswagen delivered 577,387 units in the U.S. Volkswagen AG reported U.S. and global sales records for 2012.
It increased its share of the U.S. light vehicle market last year by 0.6 percentage point, to 4 percent in 2012. Volkswagen Group of America expects the market to grow moderately in 2013; it expects to outpace the industry.
March 2014 target for GM
General Motors Co. Treasurer James Davlin says the Detroit automaker will lose the «Government Motors» nickname, once the government completely exits the Detroit automaker.
The Treasury sold GM 200 million of its 500 million share stake in December for $5.5 billion, reducing its stake in the automaker to about 19 percent.
Davlin said Sunday in remarks at a meeting of the Society of Automotive Analysts that GM will leave «the overhang of the (U.S. Treasury stake behind us as they commit» to exiting completely by March 2014.
He said GM’s goal of regaining investment-grade credit status will help «distance us from our financial difficulties,» referring to GM’s 2009 bankruptcy filing.
Jaguar Land Rover touts ’12
British-based SUV and sports car maker Jaguar Land Rover said it had its best year ever in 2012 with sales up 30 percent and plans to beat that again in 2013.
Among new products hitting markets in 2013 will be the new F-type roadster, and the latest version of the Range Rover. The new F type goes in sale in the U.S. this summer. New Range Rover sales started here last month.
In 2012, Jaguar Land Rover sales were 357,773 vehicles, with China the biggest market at 71,940, up 71 percent. U.S. sales were 55,675, up 11 percent.
At a press conference Sunday in Detroit, Phil Popham, Jaguar Land Rover’s director of group sales operations, said the performance was strong globally.
«All of our key markets saw strong progress, with demand for our premium vehicles setting new records in a very competitive environment,» he said.
«Global sales in 2013 will be better again in 2013,» he said, declining to be more specific.
Jaguar Land Rover skipped the 2012 Detroit auto show. This year marks its return.
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