November 17th, 2010 at 12:43pm
General Motors announced it will increase the amount of shares it plans to make available for its initial public offering. Cadillac unveiled what it calls the Urban Luxury Concept at the L.A. Auto Show and says it can get high fuel economy. Volkswagen unveiled an updated Eos in Los Angeles and it has a couple of distinct features. All that and more, plus John shares his thoughts on the new Ford Fiesta.
This is Autoline Daily for November 17, 2010 and now the news.
GM ISSUES MORE SHARES FOR IPO
General Motors announced it will increase the amount of shares it plans to make available for its initial public offering.
CHRYSLER TO REFINANCE BAILOUT MONEY
Chrysler CEO Sergio Marchionne says the automaker will refinance all the money it received from the U.S. and Canadian governments by the end of next year.
CONTINENTAL GOES DOWN MARKET
German supplier Continental says it wants to compete in the same market as the Tata Nano and other inexpensive cars because that segment is growing in emerging markets.
CADILLAC URBAN LUXURY CONCEPT
Cadillac unveiled what it calls the Urban Luxury Concept at the L.A. Auto Show. The hybrid features a turbocharged 1.0-liter three-cylinder engine and is expected to get 65 MPG on the highway.
VW unveiled the Eos at the L.A. Auto Show and it has a couple of distinct features.
Coming up next, we’ll take a look at the Ford Fiesta.
Even though we’re at the L.A. Auto Show, here’s a look at my impressions of the new Ford Fiesta.
And don’t forget to check out our special coverage of the Los Angeles Auto Show. Join us TODAY for a special LIVE broadcast. We’ll be bringing you the latest news from the show floor, including interviews, the hot new products revealed and a lot more. The event kicks off at 3:30 p.m. Eastern time, 12:30 p.m. Pacific. You don’t want to miss it.
And that brings us to the end of today’s installment of Autoline Daily. Thank you for watching we’ll see you later today, and tomorrow.