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American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.

First 2014 Corvette Stingray coupes on the way to dealerships

Chevrolet reports it has begun shipping the all-new 2014 Corvette Stingray coupe to dealers starting today. The new C7 Corvettes are, of course, assembled at General Motors' Bowling Green Assembly -- about 1,000 Stingrays have been built so far for delivery. Most are expected to be delivered to dealers within the next few weeks.

Jeep rolls out blacked-out Grand Cherokee 'concept'

Jeep rolled out a new trim package for the Grand Cherokee on Wednesday and is running a contest on the Internet to give it a name. For now, Jeep bills the new Grand Cherokee as a concept but says it anticipates bringing it to showrooms this spring--timing that implies that the production decision has already been made. The concept starts with the four-wheel-drive Grand Cherokee Laredo X package, then adds blacked-out trim, a mesh grille and 20-inch aluminum wheels painted in gloss black.